JUST’s TVL reached 11.01 billions USD this week, with JST’s deflationary mechanism operating steadily
According to ChainCatcher, as the core pillar of TRON DeFi, the JUST platform maintained strong performance this week: total value locked reached $11.01 billion, accounting for 41.96% of TRON DeFi’s overall volume; the platform’s supply amounted to $3.59 billion, with total borrowed assets at $210.28 million. Meanwhile, the JST buyback and burn mechanism continued to progress steadily, with over 1.08 billion JST tokens cumulatively burned, representing 10.96% of the total supply, further strengthening the token’s deflationary value foundation.
Solid locked value data and ongoing buyback and burn activity provide strong support for the long-term development of JUST. Moving forward, JUST will remain focused on product iteration and ecosystem growth, improving capital efficiency and user experience, to contribute to the healthy development of the TRON DeFi ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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