Vlad Kamyshov is a blockchain and decentralized finance developer with a background in risk management, financial modeling, and protocol design. He is the co-founder and former CEO of EVAA Protocol, and has contributed to the development of lending and trading infrastructure across multiple blockchain ecosystems. ^[3]

Education

Kamyshov earned a bachelor's degree in Business Analytics and Forecasting from the State University of Management in 2018. He later attended the Higher School of Economics, where he completed a master's degree in Stochastic Modeling in Economics and Finance in 2022. ^[1]

Career

Kamyshov began his career in 2017 as a trainee at the strategic consulting agency Paper Planes, where he worked on product and CRM analysis and participated in a consulting project involving customer research and market analysis. Later that year, he joined Home Credit Russia as a Risk Management Analyst, contributing to risk assessment, underwriting improvements, and customer acquisition initiatives. He was promoted to Senior Risk Management Analyst in 2019 and to Portfolio Risk Manager in 2020, where he led analytical projects focused on lending products, pricing models, A/B testing, portfolio optimization, and team management. During this period, he also oversaw the development of new lending products and managed initiatives to improve lending processes and operational efficiency.

In 2022, Kamyshov became a core contributor to Pluto, a reserve currency protocol on the Waves blockchain, where he worked on protocol design and tokenomics. Later that year, he contributed to Puzzle Network by developing a multi-pool lending protocol to support lending markets for lower-capitalization assets while reducing the risk of price manipulation. Between late 2022 and 2024, he served as a core contributor and later as a technical advisor at Composability Labs, where he designed decentralized lending and perpetual trading protocols for the Fuel blockchain and coordinated their development through testnet deployment. In February 2023, he became Chief Executive Officer of EVAA, a decentralized lending protocol on the TON blockchain, serving in that role until April 2026, when he transitioned to a part-time advisor position. Since April 2026, he has continued to advise EVAA while remaining involved in developing decentralized finance infrastructure. ^{[1] [2]}

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Interviews

Telegram Mini Apps

On the Epic Web3 podcast in October 2024, Kamyshov discussed the growth and development of DeFi protocols within the TON ecosystem, highlighting its fully operational decentralized landing platform, which had amassed approximately 21 million borrowed, and around 7,000 active wallets. He emphasized their focus on security updates, protocol compatibility, and upcoming product launches, such as margin trading and leverage protocols, designed to attract larger users and institutional players. Kamyshov explained how EVAA leverages Telegram mini apps to facilitate user onboarding and data collection, noting that roughly 50% of their users interacted through Telegram, which significantly enhanced their marketing and educational efforts. He contrasted their approach with other protocols such as Storm Trade and Dust, emphasizing the importance of token utility, ecosystem integration, and early-stage growth strategies, such as launch pools and educational campaigns, to expand user engagement. Kamyshov acknowledged the competitive landscape, emphasizing the importance of trusting existing user bases and building native solutions rather than copying EVM-based code, while expressing optimism about EVAA’s long-term position as a core infrastructure provider within TON. Overall, he underlined the ecosystem's rapid expansion, the significance of strategic partnerships, and the role of security and user trust in scaling DeFi on Telegram. ^[4]

Exploring EVAA and TON

On the BlockHash Podcast in March 2025, Kamyshov and Inal Kardan discussed their roles in the EVAA project and the TON ecosystem, highlighting EVAA as a decentralized lending platform that enables users to borrow stablecoins against volatile assets such as TON and derivatives, with future support for Bitcoin via Telegram integration. They emphasized EVAA's uniqueness as the first lending protocol on TON, its focus on security, its use of Telegram for distribution, and its plans for decentralization via a governance token expected to launch soon, allowing token holders to influence protocol decisions. The hosts underscored TON's potential across DeFi, gaming, payments, and NFTs, particularly its strong ties to Telegram’s massive user base, which could drive mass adoption through simple, user-friendly financial tools. They highlighted upcoming launches like TGBTC and Athena stablecoins, which are expected to increase liquidity, attract retail users, and expand use cases on TON, with both projects positioning TON as a hub for on-chain financial services and real-world payments. Looking ahead, they predicted continued growth in the ecosystem driven by innovative projects, strategic partnerships, and increased adoption in the US and global markets, emphasizing that simplicity and integration with Telegram would be key to TON’s future success. Both guests concluded by sharing their plans to support new projects, participate in major events, and contribute to the ecosystem’s expansion throughout the year. ^[5]