The top decentralized lending platform of the TON blockchain, EVAA Protocol, is quickly gaining traction with its $EVAA trending on large aggregators around the world.
The token has already hit the first position in the trending list at CoinGecko and the fourth position in the world at DexScreener, which are all signs of a quick appearance in major crypto aggregators.
Being the most popular decentralized lending platform on the TON blockchain, the protocol enables people to borrow, earn, and manage assets right inside Telegram, providing a smooth DeFi experience to 1 billion potential users.
Initial adoption has been noteworthy, as it has more than 300,000 linked wallets and deposits of over 118M.

Source: Official X
Day-one staking attracted a huge amount of attention, with a potential 9,500% dynamic APY, which led to trading volumes of over $100M.
First users have been making speculative gains of as much as $19 to $2,000, but prices have been volatile as well, as nascent DeFi tokens are risky but potentially rewarding.
It is an ecosystem that combines cross-chain swaps, Telegram Mini Apps, and TON Connect, and future plans include card payments pegged to DeFi yields and undercollateralized loans through social graphs.
Moreover, liquidity providers are able to get up to 1,119% APY. The protocol is making an impression within the TON ecosystem by its own Telegram-first DeFi model and tokenomics.
Total Supply of Token is 50 Million. The token allocated as:
Airdrops & Liquidity Rewards: 22%
DEX Liquidity: 1.2%
MM Liquidity: 10%
Advisors: 2%
Founders & Team: 16.5%
Pre-seed: 6.11%
Seed: 11.11%
KOL: 1%
DAO Treasury: 20.08%
Future Rounds: 10%
Source: official Website
Monthly Unlock: 0.79% was released in a steady stream since the third month after TGE.
Team Lock-Up 9 months, Investor Lock-Up 6 months, KOL Lock-Up 3 months.
On October 3, 2025, the Protocol had its TGE, which unlocked 1.71% of the total supply. This would be about 850,000 EVAA of a total supply of 50 million.
The original circulating supply was 13.38, and the rest of the tokens were subject to different lock-up and vesting plans.
To maximize visibility and liquidity, the TGE was planned to coincide with listings on the larger exchanges, such as XT, EVAA listing on Binance Alpha, MEXC, BitMart, Binance Futures, and Biconomy. The restricted initial unlock was meant to curb the immediate sell pressure and encourage a healthy market base.
The Token dropped 34.6% in 24h, underperforming the crypto market. Post-listing profit-taking, 50x futures leverage, and low unlocked supply (1.71%) drove volatility.
Despite short-term turbulence, this Telegram-based DeFi model and TON integration signal long-term potential. Key watch: pivot at $4.89 and futures market activity.
Source: Official cmc
By 2025, the platform will focus on significant security upgrades and audits by Trail of Bits to provide a high level of protection. They can expect incentive campaigns, the protocol's liquidity mining, staking of tokens, and TGE launches.
The major integrations are Binance Wallet dApp, TON Space, XRocket, and Pyth Oracle. Also, the token will add Ethena and tgBTC to its listing and add TAC integration and external account management to vaults.

Source: Official Website
Looking ahead to 2026, the token plans to roll out advanced crypto neobanking, AI agents with hyper-personalization, credit service expansion, and enhanced interoperability, cementing its position as a comprehensive, user-focused crypto ecosystem.
Sakshi Jain is a crypto journalist with over 3 years of experience in industry research, financial analysis, and content creation. She specializes in producing insightful blogs, in-depth news coverage, and SEO-optimized content. Passionate about bringing clarity and engagement to the fast-changing world of cryptocurrencies, Sakshi focuses on delivering accurate and timely insights. As a crypto journalist at Coin Gabbar, she researches and analyzes market trends, reports on the latest crypto developments and regulations, and crafts high-quality content on emerging blockchain technologies.