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The total JST tokens burned have exceeded 1.6 billion, with an on-chain value of over $161 million.

The total JST tokens burned have exceeded 1.6 billion, with an on-chain value of over $161 million.

Odaily星球日报Odaily星球日报2026/07/29 09:14
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According to Odaily, on July 29, on-chain data shows that the JST black hole address has cumulatively burned over 1.604 billion JST tokens, with a current on-chain value of about $161 million. Since the launch of the buyback and burn plan, JustLend DAO has completed four consecutive rounds of buybacks and burns driven by real protocol revenue, with all operations publicly verifiable on-chain. As of now, the total amount of JST burned has exceeded 17% of the total supply, with the deflationary process continuing to deepen. As the core infrastructure of the TRON DeFi ecosystem, JustLend DAO will continue to advance the iterative upgrade of the buyback and burn mechanism, supported by real protocol income, continuously strengthening JST's deflationary trajectory and creating a more certain long-term value anchor for holders.

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