What Is JustLend?
JustLend DAO is the first official and largest lending protocol on the TRON blockchain. It works as a decentralized money market: users supply TRX or TRC-20 assets into shared liquidity pools to earn interest, or post those assets as over-collateralized collateral to borrow other tokens. Its governance token is JST, a TRC-20 token that also serves as the token of the wider JUST DeFi ecosystem.
- Overview - Table of Contents
- What Is JustLend?
- Getting Started With JustLend
- How To Get A JustLend Wallet?
- JustLend Resources
- How To Buy JustLend?
- Latest JustLend News
The names JustLend, JUST, and JustLend DAO all refer to the same JST-governed ecosystem. JUST launched in 2020 as TRON's native DeFi stack, closely associated with Justin Sun and the TRON DAO. It included the USDJ collateral-backed stablecoin, the JustLend lending market, and cross-chain assets. JustLend has since become the ecosystem's flagship product, and JST is now positioned primarily as the governance token of JustLend DAO. On CoinGecko and CoinMarketCap the token is still listed under the project name "JUST" with the ticker JST.
JustLend is built on the widely-used Compound money-market architecture. Interest rates are set algorithmically for each market and adjust in real time based on utilization, the balance between how much of a pool is supplied versus borrowed. When you supply an asset, you receive a corresponding jToken (for example jUSDT) that accrues interest and can later be redeemed for the underlying asset plus the interest earned. Each jToken market has its own interest-rate and risk parameters.
Beyond core lending, JustLend DAO offers TRON-specific products. Staked TRX (sTRX) is a one-click liquid staking token built on TRON's staking system: users deposit TRX and receive sTRX, which stays liquid while accruing rewards. The Energy Rental market lets users rent TRON "Energy," the network resource required to run smart-contract transactions such as USDT transfers, at a substantial discount to burning TRX directly. Given TRON's very high stablecoin transfer volume, energy rental is a significant real-world use case.
JST holders lock their tokens to gain voting rights and participate in JustLend Improvement Proposals, which cover protocol parameters, risk management, new market deployment, and other ecosystem decisions. Governance executes on-chain through a standard governor-and-timelock setup.
JST is a TRC-20 token with a maximum supply of 9.9 billion, of which roughly 8.5 billion is in circulation. A revenue-funded buyback-and-burn program is deflationary: buybacks are funded by protocol revenue rather than by inflation, and multiple burn rounds have removed a meaningful share of the maximum supply over time.
Getting Started With JustLend
Using JustLend means getting onto TRON and connecting a wallet:
- Step 1: Set up a TRON-compatible wallet such as TronLink.
- Step 2: Acquire TRX and any TRC-20 assets you want to supply or use as collateral, and fund your wallet.
- Step 3: Connect to the JustLend DAO app and supply assets to earn interest, or borrow against your collateral.
- Step 4: To take part in governance, acquire JST and lock it to vote on JustLend Improvement Proposals.
How to Get a JustLend Wallet?
JST is a TRC-20 token, so any wallet that supports the TRON network will work.
TronLink
TronLink is the most widely used TRON wallet, available as a browser extension and mobile app. It connects directly to the JustLend DAO app for supplying, borrowing, and governance.
Ledger
Ledger hardware wallets support TRON and can be paired with TronLink to keep JST and other TRC-20 assets in cold storage, which is recommended for larger holdings.
Multi-Chain Wallets
Wallets such as Trust Wallet and OKX Wallet support TRON and TRC-20 tokens like JST, and can be used to hold JST and interact with TRON DeFi.
JustLend Resources
- JustLend DAO Official Website
- JustLend Documentation
- JustLend GitHub
- JST Token on Tronscan
- JustLend Community Forum
- JUST on X
- JUST Telegram
How to Buy JustLend?
JST can be bought on centralized exchanges or on TRON directly.
Centralized Exchanges
JST is listed on exchanges including Binance, HTX, OKX, KuCoin, Poloniex, Bitget, and MEXC, typically against USDT.
Decentralized Exchanges
On TRON, JST trades on SunSwap, TRON's native decentralized exchange. Acquire TRX, connect a TRON wallet, and swap into JST. From there you can lock JST for governance or supply assets on JustLend.
Latest JustLend News
JustLend DAO has continued to run a revenue-funded buyback-and-burn program for JST, with successive burn rounds gradually reducing the maximum supply and reframing JST around deflationary, revenue-driven tokenomics. It remains one of the largest DeFi protocols on TRON by total value locked.
In broader ecosystem news, a long-running U.S. Securities and Exchange Commission case involving Justin Sun and the TRON and BitTorrent foundations, first filed in 2023, was settled in 2026. This is a TRON and Justin Sun matter rather than a JustLend-specific action, but it is relevant context given Sun's association with the ecosystem. For the current state of the protocol, the official website, documentation, and forum are the best sources.