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$7.08 billion TVL, 192 million in incentives, how does JustLend DAO become the largest lending protocol in the TRON ecosystem
JustLend DAO sets a new record again. According to the latest news, this leading decentralized lending protocol platform in the TRON ecosystem has surpassed a total value locked (TVL) of $7.08 billion, with over $192 million in incentives distributed to the community, serving more than 480,000 users worldwide. Compared to the $6.92 billion on January 13, the TVL has increased by $160 million in just one day, demonstrating a strong growth momentum.
The Ecosystem Significance Behind the Data
The Meaning of Rapid TVL Growth
What does the TVL surpassing $7.08 billion reflect about JustLend DAO?
First, it indicates that activity within the TRON DeFi ecosystem is continuously increasing. From January 13’s $6.92 billion to now over $7.08 billion, the upward trend shows growing user confidence in the platform.
Second, this scale makes JustLend DAO an indispensable infrastructure within the TRON ecosystem. As a lending protocol, the TVL size directly relates to liquidity depth and user experience. A scale of $7.08 billion is sufficient to support large transactions and complex operations.
Furthermore, when compared to other blockchain ecosystems, this figure is quite convincing. Although TRON’s ecosystem started later, the rapid accumulation of such a large locked value by JustLend DAO demonstrates TRON’s competitiveness in the DeFi space.
How Incentive Policies Attract Users
The $192 million in total incentives is not fictitious; it reflects real investments by JustLend DAO.
Currently, users can earn up to 7.09% annualized yield by staking USDD. This yield is competitive within the stablecoin staking space. Based on USDD’s current price of $0.998919, the market cap is approximately $951.20 million, indicating a substantial circulation within this stablecoin ecosystem.
The design logic of the incentive policy is clear: attract users with genuine returns, achieve ecosystem co-construction, and enable users to earn steady profits. This win-win approach explains why 480,000 users are willing to lock funds on the platform.
Three-Dimensional View of Ecosystem Status
From this table, it’s clear that all metrics of JustLend DAO are growing healthily. The difference between deposits and borrowings reflects ample liquidity, allowing users to earn stable returns and access sufficient borrowing opportunities.
Personal Observations
The success of JustLend DAO hinges on several key factors. First, it seized the window of opportunity during TRON’s ecosystem development, establishing advantages early on. Second, continuous investment in incentive policies demonstrates the platform’s commitment, which will ultimately translate into user stickiness. Third, while the 480,000-user scale still lags behind top protocols in the Ethereum ecosystem, it already provides a solid foundation for TRON’s ecosystem.
Summary
JustLend DAO’s $7.08 billion TVL is not just a numerical milestone but also a sign of the increasing maturity of TRON’s DeFi ecosystem. The combination of $192 million in incentives and a 7.09% annualized yield offers real value to users. The 480,000-user scale indicates market recognition of this model. In the short term, this growth trend is likely to continue; in the long term, JustLend DAO’s position as a foundational DeFi infrastructure within TRON is already quite solid.