Lending · Review
ActiveEvaa Review 2026: TON Lending and Borrowing
Evaa is a TON lending protocol for depositing crypto and borrowing GRAM and wrapped assets. Key details about fees, supported markets, and security are not published.
By the DappsAtlas editorial team · Updated
DappsAtlas score
5.0/10
Mixed
Our verdict on Evaa
5.0/10Evaa may suit TON users looking to lend crypto or borrow assets such as GRAM and wrapped tokens. Its main appeal is a focused lending use case within the TON ecosystem, with Telegram-oriented positioning. The main caveat is the lack of published detail about fees, market rules, audits, and custody. Before depositing or borrowing, verify the available assets and current terms in the app, and consider the risks of smart-contract failure and collateral liquidation.
Score breakdown
How Evaa scores
- Security
- n/a
- Ease of use
- 5.0/10
- Fees
- n/a
- Features
- 5.0/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Evaa?
Evaa is a decentralized lending protocol built on TON. Its homepage describes lending and borrowing for GRAM and wrapped assets, while the project also presents itself as a DeFi service connected with Telegram.
Users can deposit supported crypto assets to seek yield or borrow from available liquidity. Evaa does not publish key market details in its project information, including fee schedules, specific rates, collateral requirements, and liquidation rules. Check those terms in the app before committing funds.
How Evaa works
Evaa is a lending protocol on TON. In a typical crypto lending market, suppliers deposit assets into a shared pool, and borrowers draw assets from available liquidity. Suppliers may earn yield, while borrowers generally owe interest and may need to provide collateral.
Evaa advertises lending and borrowing for GRAM and wrapped assets, but does not publish the specific market parameters in its project information. Rates, collateral rules, supported assets, and liquidation conditions can vary by market, so check the app's terms before using a pool.
4 features
Key features
01
Crypto lending
The protocol lets users deposit crypto assets with the aim of earning yield.
02
Asset borrowing
Users can borrow assets through the protocol, including GRAM and wrapped assets as named on the homepage.
03
TON-based protocol
Evaa is built on TON, so users need to account for that network's transactions and asset support.
04
Telegram positioning
Evaa presents itself as part of a DeFi experience on Telegram; check the current app and wallet requirements before connecting.
Pros and cons
What we like
- Offers lending and borrowing on TON.
- The project identifies GRAM and wrapped assets as supported asset types.
- Deposit-and-borrow functionality is a straightforward use case for a lending protocol.
- Evaa positions itself for use in a Telegram-oriented DeFi experience.
Watch out for
- The protocol does not publish fee details.
- Supported assets, collateral requirements, interest-rate rules, and liquidation thresholds are not specified.
- Audit details, custody arrangements, and incident history are not published.
- Borrowing and lending on TON expose users to smart-contract, asset, and blockchain risks.
Evaa fees
Evaa does not publish fee details in its project information. Check the app's transaction and market screens before depositing or borrowing, including any network fees and borrowing costs shown there.
Is Evaa safe?
Evaa does not publish audit details, custody arrangements, or an incident history in its project information. Depositing into a lending protocol carries smart-contract risk, while borrowing can lead to liquidation if collateral rules are breached. TON network and supported-asset risks also apply. The project's licensing and regulatory status are not published. Use only funds you can afford to lose.
6 steps
How to get started with Evaa
- 1
Check that Evaa is available to you and that using the protocol is legal where you live.
- 2
Open the official Evaa app and review its current wallet and asset requirements.
- 3
Connect a TON-compatible wallet and confirm the network and wallet address.
- 4
Review available lending markets, rates, fees, and any collateral or liquidation terms shown in the app.
- 5
Choose whether to deposit an asset or borrow, then review the transaction details before confirming it in your wallet.
- 6
Monitor your position and keep enough funds available to manage any borrowing or collateral requirements.
Who Evaa is for
Evaa is for crypto users already comfortable with TON who want to explore lending or borrowing digital assets. It is a poor fit for anyone who needs clearly published market terms, audit information, or fee schedules before taking on risk.
Evaa FAQs
What is Evaa Protocol?
Evaa describes itself as a decentralized lending protocol on TON. Users can deposit crypto assets to earn yield and borrow supported assets, including GRAM and wrapped assets.
Which blockchain does Evaa use?
Evaa operates on TON, also known as The Open Network. Its official site presents it as a lending protocol for TON assets.
How does lending on Evaa work?
The project describes deposit-based yield and borrowing, but does not publish specific rates, fees, or market rules in its project information. Check the current terms in the app before supplying assets.
What assets can I borrow on Evaa?
The project does not publish a complete supported-asset list or specify collateral and liquidation rules in its project information. Confirm the market details in the app before borrowing.
Has Evaa been audited?
Evaa does not publish audit details in its project information. Lending protocols carry smart-contract and market risks, so only use funds you can afford to lose.
Compare
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How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.