
JUSTjst#59
By Twin · CoinHours Editorial · Coin profile maintained by CoinHours Editorial · Market data refreshes every 60s
$0.1365
7d Change
-3.47%
30d Change
+6.66%
24h High
$0.1386
24h Low
$0.1352
Price Chart
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About JUST
JUST is a decentralized stablecoin protocol built on the TRON blockchain that enables users to mint JST stablecoins through collateralized debt positions. The protocol operates as part of the TRON ecosystem and provides lending and borrowing functionalities for users. JST token holders participate in governance and receive incentives from the protocol's operations.
Primary use case: Enables collateralized minting of TRON-based stablecoins and participation in decentralized lending protocols.
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Understanding JUST Price Data
The JUST price shown above is a volume-weighted average across major spot exchanges, sourced from CoinGecko and refreshed continuously throughout the trading day. Cryptocurrency markets trade twenty-four hours a day, seven days a week — there is no opening or closing bell — so the 24-hour change figure is a rolling window measured against the price exactly one day prior, not against a fixed daily close. The 7-day and 30-day percentage moves use the same rolling-window methodology, which means the figures shift continuously rather than resetting at midnight.
Market capitalisation for JUST is calculated by multiplying the current price by the circulating supply — the number of JST units currently in public hands and not locked, burned, or reserved by the protocol. This differs from total supply (all units that have ever been created) and max supply (the protocol-defined cap, where one exists). For assets with significant locked or vesting allocations, fully diluted valuation can be a more useful long-term measure than market cap alone. The 24-hour trading volume figure aggregates spot trading across reporting exchanges and excludes derivatives and over-the-counter activity, which can be substantially larger for major assets.
All-time high (ATH) figures reflect the peak USD price ever recorded for JUST on a major exchange. The ATH change percentage shows how far the current price sits below — or above — that peak, and is one of several inputs the CoinHours Market Cycle Indicator uses when assessing where the broader market sits in its four-year halving cycle. For longer-term investors, ATH drawdown combined with 200-week moving average position and the Fear & Greed Index gives a clearer cycle picture than any single metric in isolation.
JUST for Australian Investors
In Australia, the Australian Taxation Office (ATO) treats JUST and other cryptocurrencies as capital gains tax (CGT) assets rather than as currency. Every disposal — selling for AUD, swapping for another crypto, spending on goods or services, or gifting — is a CGT event that must be reported in your tax return. Holding JST for more than twelve months before disposing of it qualifies you for the 50% individual CGT discount, which is one of the most significant tax planning levers for long-term holders. See the crypto tax encyclopedia entry for a full breakdown of ATO record-keeping requirements, cost-base calculation methods, and the tax treatment of staking rewards, airdrops, and DeFi income.
Australian investors typically buy JUST through a registered exchange that complies with AUSTRAC anti-money-laundering requirements. Once acquired, holdings can be left on the exchange (counterparty risk), moved to a software wallet (convenience with online attack surface), or transferred to a hardware wallet for cold-storage self-custody (highest security, least convenient). The CoinHours security guide walks through the trade-offs in detail, including seed-phrase storage, multi-signature setups, and inheritance planning. For background on the underlying technology, the Crypto Encyclopedia covers blockchain fundamentals, consensus mechanisms, and the JUST protocol in plain English.
JUST FAQ
What is JUST (JST) and how does it work?
JUST (JST) is a decentralised lending protocol on TRON that allows users to mint USDJ stablecoins by locking TRX as collateral. JST serves as the governance token, enabling holders to vote on protocol decisions and earn rewards from platform operations through staking mechanisms.
How do I mint USDJ stablecoins through JUST?
To mint USDJ, users deposit TRX or supported cryptocurrencies as collateral into a collateralised debt position (CDP). The protocol requires maintaining a minimum collateralisation ratio, typically above 150%, to prevent liquidation of the position and loss of collateral.
What are the main risks of using JUST protocol?
Key risks include liquidation if collateral values drop below required ratios, smart contract vulnerabilities, USDJ depeg events, and TRON blockchain dependencies. Users also face governance risks and potential oracle manipulation attacks affecting collateral pricing mechanisms.
How are JUST tokens taxed in Australia?
The ATO treats JST as cryptocurrency subject to capital gains tax. This includes transactions like buying, selling, staking rewards, and governance participation. Australian investors must maintain detailed records of all JUST protocol interactions for tax reporting purposes.
Can I earn rewards with JST tokens?
Yes, JST holders can stake their tokens to earn protocol rewards and participate in governance voting. Rewards come from protocol fees and incentive distributions, but staking involves risks including smart contract vulnerabilities and potential slashing mechanisms.
Is JUST available on Australian cryptocurrency exchanges?
JST availability depends on individual exchange listings and their compliance with AUSTRAC registration requirements. Australian investors should verify that exchanges offering JST trading hold appropriate licenses and comply with local regulatory requirements before trading.
Frequently Asked Questions
How often is the JUST price updated?
CoinHours pulls live JST pricing from CoinGecko, which aggregates trades across major exchanges. The page refreshes the displayed figures every few minutes; the underlying market data updates continuously and may move significantly between refreshes during volatile sessions.
Why does the JUST price differ between exchanges?
Each exchange runs its own order book, so prices drift slightly based on local supply and demand, regional liquidity, and pair availability. The figure shown here is a weighted average designed to represent the broad market price rather than any single venue. Arbitrage typically keeps the differences small for major assets but can widen during fast moves or on smaller exchanges.
Is buying JUST legal in Australia?
Yes. Cryptocurrency is legal to buy, hold, and trade in Australia. Exchanges operating in Australia must register with AUSTRAC and comply with anti-money-laundering and counter-terrorism financing rules. The ATO treats crypto as property for tax purposes — see the Australian investors section above for tax implications.
What is market cap and why does it matter?
Market capitalisation equals current price multiplied by circulating supply and gives a rough measure of an asset's total value in public hands. It is a more meaningful comparison metric than price alone because two coins with identical prices can have radically different supplies. Market cap rank is one input investors use when assessing relative size, but it does not account for locked tokens, future emissions, or actual on-chain liquidity.
Should I store JUST on an exchange or in a wallet?
Exchange custody is convenient but exposes you to counterparty risk — exchange failures and hacks have wiped out customer balances historically. For amounts material to your finances, a hardware wallet under your own control is the standard recommendation. Read the security guide for a full comparison of custody options and seed-phrase best practices.
Information on this page is general in nature and does not constitute financial, investment, or tax advice. Cryptocurrency prices are volatile and you can lose your entire investment. Consult a qualified Australian financial adviser and registered tax agent before making investment decisions.