JST Burns Over 1 Billion Tokens in Q4 2025, Initiates Deflationary Phase
The TRON blockchain's core DeFi project, JUST, has completed a significant milestone by burning over 1.08 billion JST tokens in Q4 2025, marking a new phase of deflation. This burn, accounting for 10.89% of the total token supply, was achieved through two large-scale buyback and burn rounds, with JustLend DAO playing a pivotal role in funding these operations. The initiative underscores JST's commitment to long-term value growth, supported by real protocol earnings.
The buyback and burn mechanism, approved by the JustLend DAO community in October 2025, has been executed with strong financial backing, resulting in a cumulative investment of over $38.72 million. This deflationary strategy has effectively reduced JST's circulating supply from 9.9 billion to approximately 8.815 billion tokens, enhancing scarcity and value. The successful execution of this strategy has been reflected in JST's market performance, with its price rising from 0.032 USDT to a peak of 0.045 USDT, a 40% increase since the proposal's approval.
As of January 27, 2026, JST's total supply stands at approximately 8.815 billion, with a market capitalization of about $387 million. The ongoing deflationary model, supported by JustLend DAO's robust cash flow and the expanding USDD ecosystem, is expected to continue driving JST's value appreciation, reinforcing its position within the TRON blockchain ecosystem.