Jumper has announced its first independent fundraising round through a JUMP token sale on Legion, opening September 29, 2026, at 13:00 UTC and closing October 2 at 13:00 UTC. The project is targeting $2 million, with a $3 million hard cap, as it separates from LI.FI and expands its on-chain trading application.
Jumper lets users swap tokens, move funds between blockchains, and access yield products through one interface. Originally developed within LI.FI, it is becoming an independent business. Legion is a crypto fundraising platform that lets projects allocate tokens based on applicants’ activity and contributions, rather than who applies first.
Published investment materials set a $75 million fully diluted valuation, the value of all tokens at the sale price. With a fixed supply of 1 billion JUMP, that implies $0.075 per token. Token generation is expected in Q4 2026, although an exact launch date and opening trading price have not been announced.
The raise will fund product development and user acquisition as Jumper expands across yield products, advanced trading, tokenized assets, and perpetual futures.
Published sale materials already outline JUMP’s supply, allocations, and vesting schedules. Legion says Jumper will publish full tokenomics and key token details before the sale.
According to the sale page on Legion, participants will apply using USDC on Ethereum Mainnet. Submitting a pledge does not guarantee an allocation, and oversubscription could lead to smaller allocations so more eligible applicants can participate.
Jumper will prioritize existing community members based on their XP levels and the top 500 participants on its waitlist leaderboard. Higher XP gives users higher allocation priority, but the investment materials do not specify guaranteed amounts.
Legion’s fundraising model allows projects to consider users’ activity and contributions when selecting participants. Under its general sale process, applicants deposit funds and sign an agreement before the project reviews applications. Applicants receiving partial allocations can reclaim excess deposits; rejected applicants can reclaim their full deposits.
The JUMP sale excludes participants from the US, UK, UAE, Russia, Iran, Syria, North Korea, Cuba, and sanctioned regions of Ukraine. Access to sale terms is restricted to fewer than 150 eligible people in each EU member state. Completing identity verification does not guarantee access or an allocation.
Jumper’s published investment materials outline a fixed supply of 1 billion JUMP, with 4% allocated to the public sale. At the stated $75 million fully diluted valuation, the implied sale price is $0.075 per token. Token generation is expected in Q4 2026, with no exact date announced.
Sale participants would receive half their tokens at launch, with the remainder released monthly over four months. The allocation table shows no investor or team unlocks at launch, with their first releases scheduled after 12 and 24 months, respectively. However, the pitch deck also mentions possible accelerated team releases tied to valuation milestones, a provision requiring clarification in the final terms.
Proposed benefits include staking or locking JUMP for fee discounts, reward multipliers, and service perks. Buybacks are also under consideration, but the investment thesis describes these mechanisms as non-binding and subject to final design and regulatory review. JUMP carries no governance rights.
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