evaUSDC
EVAUSDC Rank #2278Price chart
What is evaUSDC?
Overview
Eva wraps individual lending positions into tradeable tokens, each representing a single borrower, market, and defined set of terms. Depositors send the accepted asset into a vault and receive the corresponding token, which can be deployed across decentralized finance applications. The product eliminates pooled counterparty risk and allows redemption at any time without queues.
How it works
evaUSDC tokens follow the OFT standard via LayerZero, enabling native cross-chain transfer across Ethereum, Base, Linea, Sonic, and Avalanche at no protocol cost. Yield comes from liquidity provision, gauge incentives, and arbitrage opportunities when token prices deviate from their underlying value. Each token is fully transparent and verifiable on-chain.
Peg and backing
The token is backed by deposited assets held in isolated lending vaults. Redemption is always available, with no withdrawal queues or pooled risk structures. Yield generation helps maintain alignment between token value and underlying collateral through arbitrage mechanisms and incentive distributions.
Supply
Total supply is approximately 2.4 million tokens. No maximum supply cap is specified.
Where to trade EVAUSDC
1 exchanges · top 10
Live spot quotes from connected exchanges
EVAUSDC funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.