- >50M3%
- >45M100%
- >60M1%
Latest
Jumper public sale commitments reach $45.4 million as event enters final review phase
Total commitments for the Jumper ($JUMP) public sale on Legion reached $45,440,283, representing 2,272% of the initial $2 million target [7]. The crossing of the $45 million threshold directly impacts the settlement of prediction market contracts closing October 6.
- Commitments reached $45,440,283 from 9,137 applications as the sale moved into the reviewing phase at 13:00 UTC on October 2 [7].
- The total exceeds the $3 million hard cap and the $45 million milestone, while remaining below the $50 million and $60 million thresholds tracked by market participants [7].
Full analysiswritten from the full pages behind this update
What happened — the development in detail
Total commitments for the Jumper ($JUMP) public sale reached $45,440,283 as the event entered its reviewing phase at 13:00 UTC on October 2 [7]. This final figure represents a 2,272% oversubscription of the initial $2 million target announced when the sale opened on September 29 [3], [7]. The total was compiled from 9,137 individual applications [7].
The sale, hosted on the Legion platform, served as the first capital raise for Jumper as it transitioned into a standalone venture from its incubator, LI.FI [1]. Although the event established a $3 million hard cap, the platform allowed for significant oversubscription, which rose from $16 million on September 30 to more than $18 million later that day [6]. By the final hours of the sale on October 2, the total surged past the $45 million mark [7].
Why it matters
The final commitment total of $45,440,283 triggers the settlement of specific prediction market contracts. Polymarket outcomes for ">1M" and ">45M" are currently priced at 100¢, indicating the market has fully priced in these milestones [8]. However, the final total remains below the $50 million and $60 million thresholds also tracked by market participants [7].
For the Jumper project, the proceeds are designated to accelerate product development and user acquisition for its "super-app," which includes the upcoming Jumper Perps perpetual futures aggregator [1]. The fundraising structure deliberately avoided a separate equity round, meaning the JUMP token is intended to be the sole asset for ownership and exposure to the company's value [1]. This alignment ensures that users, contributors, and investors hold the same asset class [1].
What's next
The JUMP token generation event (TGE) is scheduled to take place in Q4 2026 following the conclusion of this fundraising process [1], [6]. The prediction market for total commitments on Polymarket is scheduled to close on October 6 [7]. A separate market is currently tracking the odds of the JUMP token listing on major exchanges following the TGE [6]. The Jumper Perps product is slated to go live in the coming weeks [1].
Sources cited above
1 reference- [7]app.legion.cc — Page updated: app.legion.cc/app/invest/jumper
The story so far
edited Oct 2 · 3 paragraphs changedWhat is happening
Total commitments for the Jumper ($JUMP) public sale on the Legion platform reached $45,440,283 from 9,137 applications [7]. The event entered its reviewing phase at 13:00 UTC on October 2 [7]. The final total exceeds the $45 million milestone but remains below the $50 million and $60 million thresholds tracked by prediction market contracts [7]. Polymarket outcomes for the $1 million and $45 million thresholds are priced at 100¢ [8].
updated Oct 2 · 1 earlier version
Total commitments reached $45.4 million as the sale entered the reviewing phase on October 2 [7].
Total commitments for the Jumper ($JUMP) public sale on the Legion platform reached $25.2 million as the event entered its final day [9]. The outcome of the sale determines the settlement of prediction market contracts tracking whether total commitments exceed $45 million, $50 million, or $60 million [10]. Polymarket prices currently reflect a 98% probability for the $45 million threshold and a 61% probability for the $50 million threshold [10].
What to watch
Read the full brief · how we got here
How we got here
The sale opened at 13:00 UTC on September 29 with an original goal of $2 million [4][6]. Commitments reached $16 million by September 30, representing an 800% oversubscription of the initial target [1][2]. By later that day, the total rose to $18,397,363, exceeding the $3 million hard cap established for the event [4][6]. The sale served as the first capital raise for Jumper as it transitioned into a standalone venture from its incubator, LI.FI [1].
updated Oct 2 · 1 earlier version
Added context regarding the project's transition from its incubator [1].
The sale opened at 13:00 UTC on September 29 with an original goal of $2 million [4][6]. Commitments reached $16 million by September 30, representing an 800% oversubscription of the initial target [1][2]. By later that day, the total rose to $18,397,363, exceeding the $3 million hard cap established for the event [4][6].
References · 6
- [1]kucoin.com — Jumper Token Sale on the Legion Platform Raises $16M ... - KuCoin
- [2]gate.com — Jumper Raises $16M on Legion Platform, Exceeding Target by 8x on Sept 30
- [4]coingabbar.com — Polymarket News Today: Jumper Presale and Listing Odds
- [6]bitrue.com — Jumper (JUMP) Token Sale: Date, Eligibility & How to Participate
- [9]coingabbar.com — Jumper Token Presale Closes In 1 Day, Raises $25.2M
- [10]polymarket.com — Total commitments for the Jumper ($JUMP) public sale on Legion
Timeline
newest firstWhen we started following: Jumper token sale reaches $18.4 million in commitments ahead of October 2 close
Commitments for the Jumper ($JUMP) public sale on the Legion platform reached $18,397,363 by September 30 [4]. The total represents 920% of the original $2 million goal and exceeds the $3 million hard cap established for the event [4][6]. The sale opened at 13:00 UTC on September 29 and is scheduled to close at 13:00 UTC on October 2 [4][6].
Polymarket prices currently reflect a 98% probability for commitments exceeding $45 million and a 61% probability for exceeding $50 million [10]. A final commitment total above $45 million, $50 million, or $60 million would settle the respective outcomes in the Polymarket contract [10]. The JUMP token generation event is scheduled for Q4 2026 [4].