EVAA Protocol (EVAA): What It Is, Uses and Risks

EVAA Protocol is a decentralized lending and borrowing platform that is described publicly as native to the TON blockchain. Users can deposit assets into liquidity pools to earn interest and can borrow against collateral. Public descriptions also mention composable collateral, which includes liquidity staking derivatives, as a way to improve how capital is used across the platform. The EVAA token is the project's associated token. Our data lists it as belonging to the lending and borrowing category, and it is also tagged within the TON and BNB Chain ecosystems. The project's own description data is empty in our records, so the details here come from public third-party descriptions and may change. Readers should check the project's own materials for current features.

Public descriptions say the EVAA token is designed as a utility and governance token for the protocol. In practice, that means it may give holders a voice in community votes on protocol decisions. Public sources also say the token is used to reward liquidity providers and borrowers, and to encourage users to take part in the platform's yield strategies. Some descriptions mention using the token for purchases of goods and services inside the platform, but these claims are less consistent across sources. Because this area is not clearly documented in our data, we cannot confirm which uses are live today, how large any reward program is, or how governance rights work in detail. Treat the list of uses as what is publicly described, not as a verified account of how the token functions.

Our data is as of 2026-11-05. At the time of writing, the EVAA price was about $1.43, with a market capitalization of about $9.4 million and a fully diluted valuation of about $71.3 million. The 24-hour trading volume was about $7.1 million. The circulating supply was about 6.6 million tokens, against a total and maximum supply of 50 million, so roughly 13 percent of the maximum was in circulation. The gap between market capitalization and fully diluted valuation suggests that a large share of tokens is not yet circulating. The token's all-time high was about $13.62 on 2025-10-26, and its all-time low was about $0.28 on 2026-06-05. Over the past year the price fell by roughly 54 percent, while the seven-day change was about plus 24 percent. These figures change constantly and are not a forecast.

Our records list the EVAA token as issued on two chains: TON and BNB Chain. The token is not listed as the native token of any chain. Being issued on more than one network usually means that copies of the token, or wrapped versions, exist across those chains and may be moved between them using bridges or other tools. Each network has its own wallets, fees, and transaction rules, so a token on one chain may not be directly usable on another without extra steps. Before sending EVAA, confirm which network the token is on and that the receiving wallet supports it. Sending a token to the wrong network can result in lost funds that are hard or impossible to recover.

Crypto tokens carry several kinds of risk. Lending platforms can face smart contract bugs, oracle errors that misprice collateral, and sudden liquidations during price drops. The EVAA price has moved sharply in both directions over the past year, and the gap between circulating and fully diluted supply means future token releases could add selling pressure. Token holders should also be aware of scam tokens and fake websites that imitate real projects. To store EVAA, use a wallet that supports the correct network, keep your recovery phrase offline and private, and never share it with anyone. Start with small test amounts, verify addresses carefully, and keep records of transactions. This page is for general information only and is not investment, financial, or legal advice.