# EVAA Protocol transaction volume tops $1.4 B, token details and

**Published:** 2026-07-08T02:53:27.990Z  
**Topic:** EVAA Protocol  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/1e42c7b0-aeff-4cd0-b086-48a670f2a64d

EVAA Protocol has processed over $1.4 B in transactions, $30 M in deposits and a deflationary token model. See current price, supply and key levels.

EVAA Protocol has processed more than $1.4 billion in transaction volume and holds over $30 million in total deposits, underscoring its growing role as the first lending protocol on Telegram【2】. The activity places the token in focus for investors tracking DeFi projects that bridge messaging apps and finance.

| At a glance | |
|---|---|
| Price | N/A |
| 24‑h change | N/A |
| Key level | N/A |
| Catalyst | $1.4 B transaction volume milestone【2】 |

## What drove the recent attention
The protocol’s on‑chain activity surged to a $1.4 billion cumulative transaction volume, a figure that eclipses its earlier peak of $118 million in total deposits. This jump reflects expanding usage of the Telegram Mini App (@EvaaAppBot) for yield, payments and borrowing, and signals that the platform’s liquidity layer is gaining traction among Telegram users【2】. The milestone also highlights the impact of backing from investors such as Animoca Ventures, TON Ventures and Polymorphic Capital, which have helped the project secure audits from Trail of Bits and Quantstamp【2】.

## Tokenomics and supply outlook
$EVAA is a deflationary utility token with a release schedule designed to curb price pressure. 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 pre‑seed and seed investors【2】. The initial circulating supply was set at the Token Generation Event, but the source does not disclose the exact figure, leaving the current supply and market‑cap numbers unspecified. The deflationary design and structured unlocks aim to support stable growth and encourage community governance through voting on protocol proposals【2】.

## Market context
While price and 24‑hour change data are not provided in the available sources, EVAA’s market presence can be gauged by its transaction volume and deposit totals. The $30 million in deposits, which peaked at $118 million, suggests a sizable user base that has contracted but remains active. Compared with other DeFi protocols that operate on mainstream blockchains, EVAA’s integration with Telegram offers a unique channel for on‑ramp users, potentially expanding its addressable market.

## What to watch
- Upcoming token unlock events or vesting schedules that could affect circulating supply.  
- Changes in transaction volume or deposit levels that signal shifts in user adoption.  
- New audit reports or security assessments that may influence investor confidence.

The $1.4 billion transaction volume milestone demonstrates that EVAA is establishing a foothold in the niche of messaging‑based DeFi, but the lack of transparent price and supply data leaves open questions about its market valuation and future price trajectory.

## Sources
1. Pi42 — [EVAA Protocol Price Today in INR & USDT | Live EVAA Price & Chart](https://pi42.com/coins/evaa-protocol)
2. CoinMarketCap — [EVAA Protocol price today, EVAA to USD live price, marketcap and chart | CoinMarketCap](https://coinmarketcap.com/currencies/evaa-protocol/)

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Cite as: TrendWatcher, "EVAA Protocol transaction volume tops $1.4 B, token details and", https://www.trendwatcher.in/article/1e42c7b0-aeff-4cd0-b086-48a670f2a64d