Protocol Information
Liquid staking protocol for TRX that issues sTRX, with yield generated from TRON governance voting rewards and Energy rental revenue.
Category:Liquid Staking
Methodology
TVL: Counts the TRX custodied by JustLend DAO's Staked TRX contract (STRXProxy), which mints sTRX against deposits and stakes them for bandwidth and energy. Reads the Tron account state of the contract: its liquid balance, its frozenV2 BANDWIDTH and ENERGY stakes, the stake whose resources are delegated out to energy renters, and deposits sitting in the 14 day unstaking window. Resources delegated in from third parties are excluded, since that TRX is not owned by the contract. TRX supplied to the JustLend lending markets is not counted here, it is reported by JustLend V1.View code on GitHubCompetitors
Frequently Asked Questions
What is JustLend sTRX's TVL?
JustLend sTRX currently has $3.332b in total value locked.
What chains does JustLend sTRX operate on?
JustLend sTRX operates on Tron. Tron holds the largest share at 100%.
How does JustLend sTRX's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, JustLend sTRX ranks #4 by TVL. The category holds $60.173b across 272 protocols, and JustLend sTRX accounts for 5.5% of that total. Other leading protocols include STRX Finance, Lido, Binance staked ETH, ether.fi Stake, Sanctum Validator LSTs, Rocket Pool, Kinetiq kHYPE, Jito Liquid Staking, Binance Staked SOL, and StakeWise V3.