JUST

JST is the governance token of JustLend DAO, the largest lending protocol on TRON.

JUST (JST) is a token on the TRON blockchain. It was issued in April 2020, when JUST launched as a TRON-based platform for the USDJ stablecoin, and it was first sold through the Poloniex exchange. TRON founder Justin Sun publicly backed the project at launch.

Today JST is the governance token of JustLend DAO, a lending protocol built on the Compound V2 design. Users supply TRX or TRC-20 tokens to earn interest, and borrow against collateral. JustLend also runs sTRX liquid staking and a market for renting TRON Energy, which lowers transaction costs. JST holders vote on changes to the protocol.

The maximum supply is 9.9 billion JST. Since October 2025 JustLend DAO has used its net revenue, and USDD revenue above $10 million, to buy JST on the market and burn it. Three rounds to April 2026 burned about 1.36 billion JST; a fourth round reported in July 2026 brought reported burns to about 1.71 billion, and CoinGecko showed about 8.19 billion JST in circulation in September 2026.

In 2023 the US SEC sued Justin Sun and TRON entities over the TRX and BTT tokens; JST was not named. The case was settled in March 2026 under a proposed judgment, subject to court approval, in which Rainberry pays a $10 million penalty and the other claims are dismissed.