$JST has cumulatively burned 1.35 billion tokens, representing 13.70% of the total supply.

According to official data, the $JST phased buyback-and-burn program has cumulatively burned 1.35 billion tokens—13.70% of the total supply—with a corresponding burn value of approximately $60.03 million. This large-scale deflationary initiative spanned three full quarters, was driven by genuine protocol revenue, and was executed transparently on-chain as a systematic effort. With the successful conclusion of Phase III—burning 271 million tokens in a single operation—an automated, self-sustaining loop is now continuously operating: protocol revenue funds buybacks, and buybacks trigger burns—injecting deterministic, endogenous deflationary momentum into the $JST economic model.