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EVAA token surges 180% in 24h to $2.87 on Gate.io and Kraken, driven by Telegram‑native DeFi rollout and upcoming token unlocks. See price, market cap and
EVAA Protocol’s native token $EVAA surged 180% in the last 24 hours, trading around $2.87 on major exchanges such as Gate.io, Kraken and MEXC, as the Telegram‑integrated lending platform gains visibility [1].
| At a glance | |
|---|---|
| Price | $2.87 |
| 24h Change | +180% |
| Key Level | $2.86‑$2.88 range broken |
| Catalyst | Telegram Mini App launch & upcoming token unlocks |
The price spike coincides with heightened activity around EVAA’s Telegram Mini App, which lets users lend, borrow and earn yield directly inside the messaging platform. The protocol, described as a “DeFi superlayer on Telegram,” has already attracted over $30 million in deposits and more than 310 000 unique wallets [2]. Investor confidence appears to be reinforced by recent audits from Trail of Bits and Quantstamp, as well as backing from notable funds such as Animoca Ventures and TON Ventures [2].
$EVAA is a deflationary utility token with a controlled release schedule. At launch, 13.38% of the total supply entered circulation, with only 1.71% unlocked, a design intended to limit immediate selling pressure [2]. The token distribution allocates 22% to airdrops and liquidity rewards, 20.08% to the DAO treasury, 16.5% to founders and team, and 17.22% to early investors [2]. Upcoming unlock dates—2025‑09‑28 for the BEP20 version and 2025‑10‑03 for the TON‑Jetton version—provide a timeline for future supply changes [1].
| Metric | Detail |
|---|---|
| Circulating supply at TGE | 13.38% |
| Initial unlock | 1.71% |
| Major unlock dates | 2025‑09‑28 (BEP20), 2025‑10‑03 (TON) |
The surge underscores how integrating DeFi functionality into a mainstream messaging app can generate rapid market interest, while the token’s tightly managed supply schedule suggests future price pressure will hinge on both on‑chain activity and the timing of scheduled unlocks.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jul 8, 2026 · How we report
EVAA enables borrowing, lending, shorting, leveraged staking, longing, and hedging on the TON blockchain, with user access through Telegram and a web app.
The mainnet launched in early 2024, and the protocol reports a total value locked of $50 million.
Investors include Polymorphic Capital, TON Ventures, and Animoca Ventures, among others.
$EVAA is a deflationary utility token with a maximum supply of 50 million, with allocations for airdrops, DAO treasury, founders, and seed investors.
Users can access EVAA via the Telegram Mini App @EvaaAppBot, its web application, and integrated wallets such as TON Keeper, OKX, and Binance.