FIVA

FIVA is a yield-derivatives protocol on TON that ports tokenized yield into the ecosystem. It solves the lack of on-chain tools to lock or trade future yield by designing SY, PT and YT credentials with an AMM specialized in yield swapping, letting users split principal and yield without impermanent loss and express views on future rates flexibly.

With a phantom swap and integration to lenders like EVAA it simplifies yield hedging. Narratively FIVA combines fixed yield, yield trading and TON's low fees, giving holders deterministic tools to monetize or lever future yield early and enriching TON DeFi's derivatives layer so interest rates themselves become on-chain tradeable objects.