The latest JST buyback and burn removed 3.59% of total supply, with the destroyed tokens valued at more than $34.59 million.
JUST said on July 17 that its fourth JST buyback and burn destroyed 355,021,530.97 JST, equal to 3.59% of total supply, with a stated value of $34,594,686. The round combined a regular 2026 Q2 burn of 248,357,799 JST funded by JustLend DAO operating income and a separate USDJ historical stability-fee burn of 106,663,731.97 JST. JUST added that cumulative burns had reached 1,711,249,863 JST, or 17.29% of supply, as of July 15. Buyback-and-burn programs permanently remove tokens from circulation, reducing available supply over time.