JustLend DAO
JSTDecentralized lending and staking protocol on TRON
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.10% | 0.73% | 1.45% | 17.34% | 26.52% | 8.46% |
Revenue & Burn
Protocol income
$25.5KBuyback funds
$0Burn funds
--Buyback ratio
0.0%Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Oct 2026 | $25.5K | $0 | -- | 0.0% |
| Sep 2026 | $48.12K | $0 | -- | 0.0% |
| Aug 2026 | $48.04K | $0 | -- | 0.0% |
| Jul 2026 | $49.11K | $0 | -- | 0.0% |
| Jun 2026 | $32.18K | $0 | -- | 0.0% |
| May 2026 | $41.53K | $0 | -- | 0.0% |
Comparison
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | HHTXCEX | JST/USDT | $0.03981 | $15,080 | $55,464 | $5,764,044 | 23.67% |
| 2 | PPoloniexCEX | JST/USDT | $0.03975 | $18,115 | $1,864 | $4,920,252 | 20.21% |
| 3 | UUpbitCEX | JST/KRW | $0.04008 | $26,620 | $41,994 | $473,467 | 1.94% |
| 4 | PPhemexCEX | JST/USDT | $0.03983 | $7,992 | $8,217 | $278,834 | 1.15% |
| 5 | BBybitCEX | JST/USDT | $0.03983 | $36,539 | $19,607 | $164,437 | 0.68% |
| 6 | BBithumbCEX | JST/KRW | $0.04025 | $4,783 | $1,127 | $60,338 | 0.25% |
| 7 | BBitgetCEX | JST/USDT | $0.03981 | $117,201 | $104,920 | $40,136 | 0.16% |
| 8 | KKrakenCEX | JST/USD | $0.03943 | $15,375 | $11,111 | $1,931 | 0.01% |
| 9 | KKrakenCEX | JST/EUR | $0.03995 | $8,649 | $15,024 | $179 | 0.00% |
| 10 | PPoloniexCEX | JST/TRX | $0.03879 | $0 | $0 | $54 | 0.00% |
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About JustLend DAO
JustLend DAO is a decentralized lending protocol built on the TRON blockchain, operating as a single-chain deployment. Its core services include the SBM lending market (supply assets to earn interest or borrow against collateral), sTRX liquid staking (stake TRX to receive tradable sTRX), Energy Rental (rent network energy on demand to reduce gas costs), and a GasFree smart wallet (deduct fees directly from transferred tokens).
The protocol's key narrative is risk isolation. In June 2026, it launched SBM V2, introducing an isolated pool mechanism alongside the original V1 shared pool. This addresses the systemic risk of traditional shared-pool lending models, where a collapse in one collateral asset could trigger cascading liquidations across all depositors. V2 also adopts an adaptive interest rate curve that adjusts based on market utilization, replacing the fixed threshold jump curve in V1.
Over the past six months (March to September 2026), JustLend DAO completed its fourth round of JST buyback and burn in July 2026, burning approximately 355 million JST (3.59% of total supply) with a record investment of $34.59 million. Cumulative burns across four rounds reached 1.711 billion JST, about 17.29% of initial supply. As of July 21, 2026, total value locked stood at $6.664 billion, with the SBM lending market TVL at $3.29 billion, ranking among the top four globally in the lending sector. sTRX staking exceeded 9.73 billion TRX with over 17,000 unique stakers, while the GasFree wallet processed over $114.3 billion in cumulative transactions.
No significant negative events were reported during this period, though the protocol faces inherent smart contract and oracle risks common to all DeFi platforms.
JustLend DAO, the first official lending protocol on TRON, has evolved through several key milestones. Launched in 2020, it established a decentralized money market for TRON-based assets. In 2021, the platform introduced the USDJ market with a 75% collateralization ratio, later adjusted to 0% with a 100% reserve ratio, marking a strategic shift toward stablecoin risk management.
A significant upgrade came with the Supply and Borrow Market V2, which adopted an isolated lending architecture with Vault and Market layers, alongside an adaptive curve interest rate model. This enhanced capital efficiency and risk isolation, preventing cross-market contagion.
The protocol's long-term value is reinforced by its buyback and burn program. The fourth buyback and burn concluded with total JST deflation exceeding 17%, demonstrating sustained commitment to tokenomics. TVL milestones include surpassing $8.5 billion, $9.26 billion, and most recently $85.5 billion, reflecting growing ecosystem adoption. The opening of USD1 for supply and borrowing further expanded asset diversity, cementing JustLend DAO's position as a leading DeFi infrastructure on TRON.
Justin Sun (Founder, Twitter: @justinsuntron) is the creator of TRON and JustLend DAO, driving its development as a leading DeFi lending protocol on TRON. YANG Zi (Director) serves as a key executive overseeing strategic governance and operational direction. Limited public bios available.