Jumper draws $16M in Legion token sale, 8x oversubscribed

What's the deal? JumperDealroom has a profile for this one. Try Dealroom → has raised about $16 million through a token sale on the Legion platform. Demand reached nearly eight times the available allocation.

What does Jumper do? It operates a multichain decentralized exchange. The platform combines swaps, cross-chain transfers, yield products, perpetual contracts, and tokenized-stock trading in one interface.

Why now? The sale opened on September 28 and is scheduled to close on October 2.

The signal: The heavy oversubscription points to sustained appetite for token launches tied to onchain trading infrastructure, particularly platforms bundling perpetuals and tokenized stocks — an area drawing wider industry attention.

Read more: tokenpost.com

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