TRON ecosystem DeFi cornerstone JUST token lands on Kraken, stepping into a new global milestone
This listing not only brings new investment options for Kraken users but also comes with the Reef Program airdrop incentive activity, with a prize pool of up to $90,000 in JST tokens.On April 1st, U.S. time, the globally leading compliant cryptocurrency exchange Kraken announced the official launch of spot trading for JST (JUST), supporting JST/USD and JST/EUR trading pairs. This listing not only brings new investment options to Kraken users but is also accompanied by the Reef Program airdrop incentive activity, with a prize pool of up to $90,000 in JST tokens. This event marks a key step in the globalization and compliance process of JST, an important DeFi project in the TRON ecosystem, further consolidating its position in the decentralized finance sector.
JUST: The Cornerstone and Innovation Engine of TRON Ecosystem DeFi
JUST is the first comprehensive decentralized finance (DeFi) ecosystem on the TRON network, launched by the JUST Foundation in 2020, aimed at providing a one-stop financial solution for global users. The JUST ecosystem centers around the JST token and includes a product matrix comprising JustStable, JustLend DAO, staked TRX, energy leasing, and JustCrypto. Among these, JustStable launched the USDJ stablecoin pegged 1:1 to the U.S. dollar, while JustLend DAO is the first official lending platform on TRON, allowing users to deposit assets to earn interest or borrow funds. According to CoinMarketCap data, as of March 2025, the market capitalization of JST tokens is approximately $324 million, with a total value locked (TVL) of up to $8 billion, showcasing its strong performance within the TRON ecosystem.
The development history of JUST can be seen as a microcosm of DeFi innovation within the TRON ecosystem. As an important component of the TRON ecosystem, JUST has continuously expanded the boundaries of decentralized finance since its launch. In 2020, JustLend DAO officially went live, quickly gaining prominence due to its innovative features and security mechanisms. Today, JustLend DAO's total locked value (TVL) has reached $5.7 billion, consistently ranking second in the DeFiLlama lending protocol sector, making it the largest and most influential lending platform in the TRON ecosystem. In the same year, the JUST team launched USDJ, introducing decentralized stablecoins to the TRON network for the first time, opening a new era for TRON DeFi, which rapidly attracted global users to participate in staking and governance.
Driven by the expanding influence of the JUST ecosystem, its token JST was first listed on the globally leading cryptocurrency exchange Binance and South Korea's largest exchange Upbit in 2020. This milestone marked JST's significant debut in the cryptocurrency market, attracting the attention of numerous investors and industry observers. In terms of global expansion, in early 2024, JST was consecutively listed on Brazil's largest exchange MercadoBitcoin and Turkey's top platform Bitci, marking the initial formation of its global footprint; in February of the same year, JUST, in collaboration with TRON DAO, held the sixth season of HackaTRON, attracting over 500 developer teams to participate, promoting a flourishing of ecological applications.
At the beginning of 2025, JUST welcomed a highlight moment: in January, it launched the USDD 2.0 Beta version, offering an annual yield of up to 20%, fully subsidized by TRON DAO, shaking the market; in February, it partnered with Coinomi Wallet to deepen the wallet ecosystem, and in March, it landed on Hashkey Global, further opening up the Asia-Pacific market. The listing of JST on Kraken not only represents a new peak in its internationalization journey but also adds a significant highlight to the DeFi ecosystem of TRON. As the cornerstone of TRON's DeFi ecosystem, JUST connects the vast user base of TRON with the global financial market through decentralized governance, cross-chain services, and innovative products, showcasing unparalleled vitality and potential.
Kraken Endorsement: Compliance Boosts Globalization of TRON Ecosystem
Kraken is known for its security, compliance, and high liquidity, headquartered in San Francisco, USA, and is a benchmark platform in the global cryptocurrency trading field. According to CoinMarketCap data, its average daily trading volume ranks among the top, and it is recognized as one of the safest exchanges in the industry, covering North America, Europe, and the Asia-Pacific markets. Kraken's stringent review standards make it a key stepping stone for projects to enter the mainstream market. The listing of JST on Kraken not only brings higher market exposure and liquidity but also marks another breakthrough for TRON ecosystem projects in the compliance field.
In the current context of tightening regulations in the cryptocurrency market, institutions like the U.S. SEC are raising compliance requirements. Following the listing of NFT (APENFT) on Kraken, JST, as another core project token of the TRON ecosystem, has once again landed on this top compliant exchange, indicating a trend of TRON projects gradually being accepted by the mainstream financial system. This listing is a milestone for the TRON ecosystem's entry into the U.S. compliant market, opening up investment channels in Europe and the U.S. for JST/USD and JST/EUR trading pairs, along with a $90,000 airdrop incentive, which is expected to significantly enhance trading activity. Market analysts point out that Kraken's endorsement may attract more institutional funds to focus on JST, boosting the competitiveness of the TRON ecosystem in the global DeFi market. In the future, as the influence of TRON expands, ecosystem tokens like JST are expected to further cover more highly compliant markets, injecting new momentum into the globalization strategy.
