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Crypto DeFi

Jumper Opens JUMP Token Sale on Legion at $75M Valuation

Jumper, the cross-chain swap app incubated by Li.Fi, opens its JUMP token sale on Legion at 9pm Beijing time on September 29 and closes October 2, targeting $2M with a $3M cap at a $75M fully diluted valuation. The token is priced at $0.075, with 4% of supply on offer, 50% unlocked at TGE, and a TGE expected in Q4 2026. Subscriptions are paid in USDC on Ethereum.

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AI take

The striking detail is the timeline: a token sale now with a TGE not expected until late 2026, meaning buyers fund a claim on a product whose token economics stay illiquid for over a year. Legion's subscription format and the USDC-on-Ethereum payment rail keep this in the compliant, stablecoin-denominated lane that has become standard for infrastructure-adjacent launches. Whether the 50% unlock at TGE becomes a template for other Li.Fi-incubated projects is the open question worth watching.

Generated by AI for reference only.

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