Watchlist Scored and tracked, but not rated for deep research yet โ€” no full analysis. A coin moves up when its verdict reaches Moderate (6.0+) without an unlock-risk flag.

JUST (JST)

DeFi Rank #62 CAUTION
5.0 /10

Score breakdown

Unlock10/10
Tokenomics7/10
Insider4/10
Onchain7/10
Dev Activity1/10
Revenue4/10
Institutional4/10
Etf2/10
Market Structure6/10
Security5/10

Analysis

JST continues to serve as the governance token for TRON's DeFi ecosystem, primarily through the JustLend lending market and JustStable/USDJ stablecoin products. A 600M JST burn completed in Q1 2026 removed roughly 6% of supply, part of a broader ~$50M buyback program for 2026 aimed at offsetting inflation and rewarding holders. JustLend remains TRON's largest lending protocol with TVL around $4.5B, benefiting from TRON's continued dominance in stablecoin transfer volume (largely USDT). USDJ's stablecoin supply has grown only modestly to around $800M, trailing far behind USDT's dominance on TRON, which limits JST's addressable upside within its own ecosystem. Total supply post-burn sits near 9.3B tokens, and the project's fortunes remain closely tied to overall TRON network activity and stablecoin flows.

Disclaimer: This analysis is for informational purposes only and is not investment advice. Crypto investments carry high risk. DYOR โ€” Do Your Own Research.