JUST Completes $23.53M JST Token Burn, Pushing Deflation Past 19%
JUST has burned over 170M JST tokens in its fifth buyback-and-burn round, totaling 1.88B tokens removed from circulation.
JUST has burned over 170M JST tokens in its fifth buyback-and-burn round, totaling 1.88B tokens removed from circulation. TRON (TRX) is trading at ₹31.59 ($0.3323). This is an original Token Times brief based on reporting by NewsBTC, with live market data added, as of Sun, 18 Oct 2026 18:00:01 UTC.
This significant deflationary measure aims to increase JST scarcity and potentially boost its value, while the upcoming upgrade to the buyback-and-burn mechanism could further impact tokenomics.
- Fifth JST buyback-and-burn removes 170M+ tokens (~$23.53M).
- Cumulative deflation rate surpasses 19% after 1.88B tokens burned.
- Buyback funded by JustLend DAO's $100M+ operating revenue.
- JST's price remains stable despite deflationary pressure.
- JUST Completes $23.53M JST Token Burn, Pushing Deflation Past 19% — this brief
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JUST, a leading DeFi infrastructure in the 
TRON ecosystem, has completed its fifth JST token buyback and burn, removing over 170 million tokens from circulation. This round, valued at approximately $23.53 million, was funded by the net operating revenue of the JustLend DAO.
The cumulative deflation rate for JST now exceeds 19%, with a total of 1.88 billion tokens burned across five rounds. This significant reduction in token supply is designed to increase scarcity and potentially enhance the token's value.
The buyback and burn mechanism is set to undergo a comprehensive upgrade following this milestone. Although the specifics of the upgrade are not detailed, it suggests potential changes to the deflationary strategy.
Despite the deflationary measures, JST's price has remained relatively stable, with a minor 0.57% decrease in the past 24 hours. The broader crypto market also shows little movement, with a total market cap of $2.78 trillion and a Fear & Greed index of 53, indicating a neutral sentiment.
The JustLend protocol's Total Value Locked (TVL) stands at $6.96 billion, marking a 2.8% decrease over the past week. This suggests that while the deflationary measures may not have immediate price effects, they are part of a larger strategy to strengthen the ecosystem.
Since this brief published about 1 hour ago, TRON (TRX) has moved from ₹31.59$0.3323 to ₹31.59$0.3323 — -0.00%.
The chart plots TRX's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 TRX ≈ ₹34.92 (about $0.3323), down 0.6% over 24 hours. The rupee itself trades about 10.5% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 18, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
JUST Completes $23.53M JST Token Burn, Pushing Deflation Pas — questions & answers
How much JST was burned in the latest round?
Over 170 million JST tokens were burned, valued at approximately $23.53 million.
What is the cumulative deflation rate for JST?
The cumulative deflation rate for JST now exceeds 19% after 1.88 billion tokens were burned.
What is the purpose of the buyback and burn mechanism?
The mechanism aims to increase JST scarcity and potentially enhance its value by reducing the token supply.
How much is 1 TRON worth in rupee today?
About ₹34.92 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.3323. The rupee price moves with both TRX's US-dollar price and the USDT/INR rate; use our TRON in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from NewsBTC. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.