JUST Protocol Burns Over 170M JST Tokens, Deploying $23.53M

JUST Protocol Completes Fifth Token Burn

JUST, a DeFi infrastructure provider within the TRON ecosystem, has completed its fifth buyback and burn of its native JST token. The transaction, finalized on October 17, saw 170,723,144 JST – approximately 1.72% of the total supply – permanently removed from circulation, representing a value exceeding $23.53 million.

The funds for this burn originated entirely from JustLend DAO’s net operating income, totaling $10.34 million from existing income and a $9.28 million increase in Q3 net income. This brings the total JST burned across five rounds to 1.88 billion tokens, achieving a cumulative deflation rate exceeding 19%, with over $100 million in capital deployed.

Buyback Program Evolution

JUST’s buyback program has demonstrated consistent execution over the past year. The initial phase, involving the deployment of the DAO’s initial treasury reserves, is now complete. The program’s success is reflected in JST’s price performance, which has risen over 300% since October 2025, reaching a peak of $0.142 on October 10 – a new high since 2022. The circulating market cap has also surpassed $1 billion.

A breakdown of the five buyback rounds is as follows:

• Round 1 (Oct 19, 2025): ~559M JST burned (~5.66% of supply), $17.72M deployed
• Round 2 (Jan 14, 2026): ~525M JST burned (~5.3% of supply), $21M deployed
• Round 3 (Apr 15, 2026): ~271M JST burned (~2.74% of supply), $21.3M deployed
• Round 4 (Jul 17, 2026): ~355M JST burned (~3.59% of supply), $34.59M deployed
• Round 5 (Oct 16, 2026): ~170M JST burned (~1.72% of supply), $23.53M deployed

Source: NewsBTC