JUSTJST

Governance token of JUST DAO on Tron (JustLend, USDJ, USDD), with quarterly buybacks and burns since 2025.

Rank #69Since May 2020

Price on 31 Oct 2026

C$0.1914 +32.5% since 31 Jul 2026 · 21.3% below its all-time high

The short version

JUST is the governance token of JUST DAO, the Tron DeFi group behind the JustLend lending market, the USDJ stablecoin and USDD; the token sale closed in May 2020. Five buyback rounds funded by JustLend income have burned 1,881,973,007 JST (19.01% of the 9.9 billion issued) by 26 Oct 2026, including 170,723,144 JST on 16 Oct 2026. The contract owner can still mint tokens and stop all transfers. On 31 Oct 2026 one JST cost C$0.1914. From 31 Jul 2026 to 31 Oct 2026 its price changed +32.5% in Canadian dollars, and it was 21.3% below its all-time high of C$0.2431 set on 4 Apr 2021.^[1]

Facts checked 2 Nov 2026 · 14 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.2036 (10 Oct 2026) · low C$0.0482 (5 Nov 2025) · +288.4%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$0.1912	US$0.1370
30 Sep 2026	C$0.1808	US$0.1270
31 Aug 2026	C$0.1313	US$0.0947
31 Jul 2026	C$0.1444	US$0.1029
30 Jun 2026	C$0.1243	US$0.0875
31 May 2026	C$0.1335	US$0.0968
30 Apr 2026	C$0.1181	US$0.0867
31 Mar 2026	C$0.0834	US$0.0598
28 Feb 2026	C$0.0645	US$0.0473
31 Jan 2026	C$0.0566	US$0.0418
31 Dec 2025	C$0.0571	US$0.0416
30 Nov 2025	C$0.0559	US$0.0400

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$0.1914^[1]
3-month change: +32.5% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 21.3% below its high of C$0.2431 (4 Apr 2021)^[1]
Market rank: #69, market value about C$1.5B^[1]
Kind: Token · Tron (TRC-20)
Started: May 2020

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?YesContract has an owner-only mint function; owner TTmWtSB8... is a plain address, authority unset^{[2, 3, 4]}

Can anyone freeze or take coins from holders?YesThe owner can call stop(), halting all transfers; not currently stopped^{[2, 3, 4]}

Can the token's contract code be changed?Not checked yetContract data is not yet available for its network

Is the supply capped?No9.9 billion issued, but the owner can mint more^{[2, 5]}

Any scheduled unlocks in the next 12 months?NoAll 2020 allocations are shown as fully unlocked; no schedule remains^[5]

Does a team or foundation hold over 10% of supply?Not disclosedThe team received 19% (1.88B) in 2020, fully vested; current team holdings are not published^[5]

Do network fees reach coin holders?YesJustLend income funds quarterly buybacks and burns: 1.88B JST burned by 26 Oct 2026^{[6, 7]}

Main network hacked or halted in the past 2 years?NoNo JustLend or JST exploit in the DefiLlama hacks list^[8]

Is a regulator or court case targeting the coin itself?NoJST is not named; the SEC's Tron case ended by settlement on 5 Mar 2026^[9]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by: JUST DAO and JustLend DAO on Tron, part of Justin Sun's TRON ecosystem; JST holders vote on parameters and treasury^{[6, 10]}
Admin powers: The TRC-20 contract has mint and stop functions; the owner is a single address (TTmWtSB8...), authority unset^{[2, 3, 4]}
Treasury: About US$139.95M of reserves (Q3 2026); minimum reserve set at US$50M on 24 Oct 2026^[6]

Supply

In circulation: 8.02B JST of a 9.90B maximum (81.0%)^[1]
Issued: 9.9 billion JST in 2020; 1,881,973,007 burned over five rounds by 26 Oct 2026 (19.01%)^{[6, 7]}
Launch split: Ecosystem 30%, strategic partners 26%, team 19% (1.88B), seed 11%, airdrop 10%, public sale 4%; all shown as unlocked^[5]
Round 5 burn: 170,723,144 JST (over US$23.53M) on 16 Oct 2026, funded by JustLend DAO net operating income^[7]
Next buybacks: About US$20.34M of surplus to be spent in four instalments from Q4 2026^[6]

Use and fees

Main use: Governance votes in JUST DAO and JustLend DAO; collateral and lending on JustLend^[10]
JustLend fees: US$13.96M in the past year (DefiLlama)^[11]
Who gets fees: Protocol income funds quarterly JST buybacks and burns; USDJ stability fees are now burned by contract^{[6, 7]}

Trading

Daily trading: About C$37.9M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 2.78% of its market value changes hands each day^[1]
20-week average: 26.7% above its 20-week average price^[1]
1-year change: +302.1% in C$^[1]^[12]

History

Not a forecast

Coins ranked 51-200 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 4,050 cases, 612 coins

39% were higher a year later^[13]

Typical result: Median -25% after a year; 45% higher after two years
Lost half or more: 38% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

1 red flag found

Red flag: The JST contract owner, a single Tron address, can mint new tokens and stop all transfers (DSToken-style mint and stop functions).^{[2, 3, 4, 14]}

JUST DAO's upgraded buyback framework (24 Oct 2026) keeps a US$50M minimum reserve and spends about US$20.34M of surplus in four instalments from Q4 2026.^[6]
The SEC settled its case against Justin Sun and Tron Foundation on 5 Mar 2026 (Rainberry US$10M penalty); JST was not named.^[9]
A May 2026 governance proposal would add HTX as a JustLend market with an HTX/TRX oracle; the outcome was not confirmed.^[6]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.