Complete Gate Post tasks to upgrade your rank

Credit Ranking

[//]:content-type-MARKDOWN-DONOT-DELETE
![](https://gimg2.gateimg.com/image/article/1745819735trading.png)

On April 27, 2025, Sun Yuchen, the founder of <a href="/ja/price/tron-trx" target="_blank" class="blog_inner_link">TRON</a>, made a stunning statement on the X platform, claiming that the JST Token has achieved a fundamental reversal and is expected to become the 'next hundredfold token.' With this statement, the price of the JST Token surged by 34% within 24 hours, reaching $0.04310, with trading volume soaring and market enthusiasm running high. Sun Yuchen pointed out that the JST Token, as the core governance asset of the TRON ecosystem, relies on![](https://gimg2.gateimg.com/image/article/1745819735trading.png)JustLend and [USDD](/price/usdd-usdd) The strong performance is demonstrating enormous growth potential.

## What is JST Token?

JST Token (JUST) is the native governance token of the Just platform on the TRON blockchain, aiming to support decentralized finance (DeFi) and stablecoin ecosystem. JST holders can participate in governance decisions of the Just platform, such as adjusting the interest rates of JustLend or the collateral parameters of <a href="/ja/price/usdd-usdd" target="_blank" class="blog_inner_link">USDD</a>. Since its launch in 2020, JST Token has grown to become a pillar of the TRON DeFi ecosystem, closely tied to the success of JustLend and USDD.

Sun Yuchen compares JST Token to [AAVE](/price/aave-aave) A combination with MakerDAO, emphasizing its dual role in lending and stablecoin governance. He predicts that the annual revenue of the JST ecosystem will exceed 100 million US dollars in 2026, and promises to repurchase and destroy all JST tokens with all profits to reduce circulation supply and increase long-term value. This deflation mechanism is similar to Binance's. [BNB](/price/bnb-bnb) Strategies have sparked widespread discussions in the market about the investment potential of the JST token.

## JST Token's growth engine

### JustLend: The leader of TRON DeFi

JustLend is a decentralized lending platform in the TRON ecosystem, allowing users to provide assets to liquidity pools or borrow against collateral. With the high throughput of over 2000 transactions per second (TPS) on the TRON blockchain and transaction fees as low as a fraction of a cent, JustLend offers up to 30% annual percentage yield (APY), attracting a large amount of liquidity. In 2022, its total value locked (TVL) has reached 1.9 billion US dollars, and Justin Sun claims that the platform's annual net profit is in the tens of millions of dollars.

JST Token plays a governance role in JustLend, allowing holders to vote on key parameters such as interest rates and collateral ratios. As the user base and lock-up amount of JustLend continue to grow, the demand and value of JST Token are expected to further increase. However, the high yield depends on the subsidy from TRON DAO, and more data verification is needed for long-term sustainability.

### USDD: Explosive growth of algorithmic stablecoins

USDD is an algorithmic stablecoin launched by TRON in 2022, maintaining a peg of 1 USD through arbitrage mechanism and TRON DAO reserves (including assets such as TRX, BTC). The USDD 2.0 launched in 2025 attracted a large number of users with a 20% APY, becoming a core asset in the TRON ecosystem. Justin Sun stated that the 'explosive growth' of USDD further solidified the governance value of the JST token. However, the algorithmic mechanism of USDD and [Terra](/price/terra-luna) Similar to UST, the latter collapsed in 2022, causing a loss of $40 billion. USDD also uncoupled to $0.97 in December 2022, with reports in 2023 questioning the transparency of its stUSDT reserves, pointing to funds flowing to platforms controlled by Justin Sun. These events remind investors that the future of the JST token is closely linked to the stability of USDD.

## Repurchase and Burn Mechanism: JST Token's Deflation Potential

Sun Yuchen has promised to use all the profits of JustLend and USDD to repurchase and destroy the JST token, reducing the circulating supply, which theoretically could drive up the token price. This mechanism has been successful in the <a href="/ja/price" target="_blank" class="blog_inner_link">crypto market</a>, for example, Binance significantly increased the value of <a href="/ja/price/bnb-bnb" target="_blank" class="blog_inner_link">BNB</a> through burning. Users on the X platform have responded positively to this plan, with some believing that the deflationary effect of JST token will attract long-term investors.

However, the execution of buybacks and burns depends on the actual profit-making ability of the ecosystem. The high yield portion of JustLend and USDD comes from TRON DAO subsidies. If the market environment deteriorates or subsidies are reduced, profits may be limited. In addition, Justin Sun has not publicly disclosed detailed financial data, investors need to closely monitor TRON DAO reserve reports and buyback execution to assess the deflation potential of the JST Token.

## TRON ecosystem: JST Token's solid backing

The value of JST Token is inseparable from the support of the TRON blockchain. Founded by Justin Sun in 2017, TRON is known for its high performance and low cost, using the Delegated Proof of Stake (DPoS) mechanism. By 2025, TRON has over 10 million daily active users, leading the industry in the number of DApps. The total locked value of its DeFi ecosystem exceeded $8.1 billion in 2023, second only to <a href="/ja/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a>.

TRON's diverse ecosystem provides broad application scenarios for JST Token:

- DeFi ecosystem: JustLend, SunSwap, and JustStable form a complete financial system, supporting lending, trading, and stablecoin services.
- Content and Entertainment: By acquiring <a href="/ja/price/bittorrent-btt" target="_blank" class="blog_inner_link">BitTorrent</a>, TRON launches BTFS and BTT tokens to support decentralized storage and the NFT market.
- Global cooperation: Cooperating with giants such as Samsung, Opera, etc., integrating TRX and TRON ecosystem into mainstream applications, especially in Asian and Latin American markets.

TRON's technical advantages and global layout provide a solid foundation for the growth of JST Token, but centralised governance (many super representatives are closely related to Justin Sun) and regulatory pressure may affect ecosystem trust.

## Conclusion

JST Token, as the core asset of the TRON DeFi ecosystem, has shown significant investment potential with the strong performance of JustLend and USDD, as well as the repurchase and burn mechanism promised by Justin Sun. TRON's high-performance blockchain and diverse applications provide solid support for the JST Token, especially in the DeFi and content fields. However, risks of algorithmic stablecoins, sustainability of high returns, transparency issues, and regulatory pressures remind investors to remain cautious.

<div class="blog-details-info">
<div>Author: Rooick Z., Gate.io Researcher
<div class="info-tips">*This article represents only the author&#39;s opinion and does not constitute any trading advice. Investment carries risks, and decisions should be made cautiously.
<div>*This content is original, and the copyright belongs to Gate.io. If you need to reprint, please indicate the author and source, otherwise legal responsibilities will be pursued.
</div><p></p>
</div></div></div>

简体中文

English

Tiếng Việt

Español

Русский язык

Français

ภาษาไทย

Indonesia

Deutsch

عربي

Português (Portugal]

Português (Brasil]

繁體中文

Українська

福利中心

小红花-Learn & Explore-博客

小红花-Learn & Explore-快讯

币圈-币圈-未来事件

小红花-Learn & Explore-聊天室

小红花-Learn & Explore-直播

小红花-Learn & Explore-动态

币圈

Gate OTC

芝麻金融-更多-财富管理

机构-APIs

机构-大宗交易服务

机构-经纪商项目

全球做市商计划

机构-托管和资产管理

机构借贷

机构-做市商项目

小红花-Promotions-机构和VIP服务

量化基金

机构-基础架构

机构-交易

机构-金融

结构化产品

机构-主页

衍生品-统一账户

芝麻金融-更多-抵押借币

vip服务

机构

策略跟单

现货跟单

交易-合约跟单

跟单

量化策略-探索

量化策略-进阶

量化策略-基础

交易-机器人广场

创建机器人

探索机器人

杠杆网格

无限网格

期现套利

组合指标策略

智能调仓

现货马丁格尔

合约网格

现货网格

交易机器人

芝麻金融-更多-ETH2.0挖矿

芝麻金融-更多-法币理财

链上赚币

芝麻金融-理财-双币宝

芝麻金融-理财-定期理财(屯币)

芝麻金融-理财-结构性理财

芝麻金融-理财-理财宝

芝麻金融-理财-余币宝

GT挖矿

芝麻金融-更多（理财产品）

芝麻金融-理财（打新）

launchpool

launchpad

赚币-HODLer Airdrop

candy_drop

web3 Airdrop

赚币

模拟交易

衍生品-期权

衍生品-交割合约

衍生品-永续合约

合约入门

合约活动

衍生品

交易-杠杆ETF

交易-杠杆交易

交易-闪兑

交易-现货交易

交易-创新交易

交易-交易工具

交易-交易类型

交易-盘前交易

交易

行情

买币-gateCard

卖币

买币-快捷交易

买币

买币-paywith

法币定投

小红花-推广

新手指南

活动中心

小红花-Learn & Explore-学院

小红花-Exchange-最新公告

小红花-Exchange-帮助中心

gate商店

小红花-Promotions-邀请计划

小红花-promotions-代理商

储备金

合作伙伴

cextg小程序

小红花

web3

JST Token: The Star Asset of the TRON Ecosystem