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Crypto Almanac Daily
J
Lending

JustLend V1

Best for independently tracked protocol

Total value locked:$3,372m at this checkChains:1Audits recorded:2Audit report linked:YesRubric:v2.0 · verified 9 Aug 2026
Kayla PetersonKayla PetersonDeFi Research Analyst· Last verified August 9, 2026
Confidence ARubric v2.0Verified August 9, 2026
6.8
out of 10
Open account
Scorecard

How it rates

Counterparty & contract risk · 40%7.0
Cost transparency · 15%4.0
Market quality · 15%7.0
Transparency & track record · 20%8.0
Public documentation surface · 10%7.0
Pros
  • Audit report linked from a public dataset
  • TVL of $3,372m recorded independently
Cons
  • No accounting methodology published at this check
  • Single-chain deployment
How this score was built

Each indicator scores 2, 1 or 0. A pillar is the points earned over the points available; the overall score is the weighted sum. Every source below is public — check any of them yourself.

Counterparty & contract risk · 40% weight7/10 points · 7.0/10
Cost transparency · 15% weight4/10 points · 4.0/10
  • Partial
    Application reachable without an account

    Published at a documented URL; automated retrieval blocked at this check.

    justlend.org/
  • Met
    Protocol economics published independently

    TVL and change history published.

    defillama.com/protocol/justlend-v1
  • Not met
    Accounting methodology published

    Not published at this check.

    defillama.com/protocol/justlend-v1
  • Not met
    Fee or reward model documented publicly

    Not available at this check.

    justlend.org/
  • Partial
    No account required to reach the application

    Published at a documented URL; automated retrieval blocked at this check.

    justlend.org/
Market quality · 15% weight7/10 points · 7.0/10
Transparency & track record · 20% weight8/10 points · 8.0/10
Public documentation surface · 10% weight7/10 points · 7.0/10

TRON's principal money market, holding $3.37bn on a single chain with published audit reports and a concentrated ecosystem structure.

Our assessment

JustLend holds $3.37bn on TRON with two audits and reports linked, making it one of the largest lending markets in this comparison by value. Its structure is what holds the score down rather than its size.

Large, and concentrated

A substantial share of the value in TRON DeFi sits within a small group of closely associated protocols, and governance across that ecosystem is concentrated among few actors. That concentration is a documented characteristic of the network. For a lending market, it means the decisions that determine your risk — listings, parameters, oracle choices — come from a narrow set of participants.

Where the demand comes from

TRON carries very large stablecoin transfer volumes, particularly for cross-border payment flows. Lending demand on the chain reflects that usage rather than the leveraged-trading demand seen elsewhere, which produces a different and in some ways steadier borrower base.

Evidence position

Two audits with linked reports is genuine evidence and is the reason this scores in the sixes rather than lower. The transparency indicators — governance disclosure, parameter documentation and incident history at stable public addresses — are what hold it back.

Who it suits

JustLend fits TRON users who want the chain's principal money market and accept its governance concentration. Users with a choice of chains will find more diffuse governance at Aave, Compound or Morpho.

Alternatives

How rivals compare

ServiceScoreBest for
Compound V39.9audited protocol with published methodologyRead →
Aave V39.9audited protocol with published methodologyRead →
Euler V29.6audited protocol with published methodologyRead →
Fluid Lending9.6audited protocol with published methodologyRead →
Reference

Frequently asked

Does this score mean JustLend V1 is safe?

No. It measures what an outsider can verify: linked audits, published methodology and independently recorded market data. Contract risk is not tested by us.

Where do the TVL and audit figures come from?

A public analytics dataset queried at the verification date, plus the audit reports it links. Both are re-runnable by anyone.

Why do some protocols score zero on audits?

Because no audit report is linked in the public record. The indicator records what a user can reach, not a claim that no audit exists.