Jumper to launch JUMP token via Legion sale, plans to spin off from LI.FI for independent operations.

BlockBeats news, September 25: Multi-chain DEX Jumper plans to conduct its first JUMP token sale through Legion and spin off from LI.FI-incubated project into an independent company.

Jumper currently has cumulative trading volume exceeding $40 billion, with over 100,000 monthly active users, and has become the largest aggregator by cross-chain trading volume, with a market share exceeding 15%. Jumper plans to further expand into perpetual contracts, tokenized stocks, and other real-world assets, and will launch Jumper Perps in the coming weeks.

This token sale will be Jumper's first fundraising, with proceeds to be used for product development, user growth, and market expansion. Jumper stated that it will not conduct simultaneous equity financing, and users, contributors, and investors will participate in the company's value growth through the JUMP token, which will be issued separately after the fundraising is completed.