JELLYJELLY Description
Overview
Jelly-My-Jelly (JELLYJELLY) is a Solana-based token tied to JellyJelly, a consumer social video-chat app where users post short clips to a feed.
Users can cross-post these "POV" clips to Instagram, X, LinkedIn, and TikTok. The token launched via pump.fun on January 29, 2025, and functions as the app's associated token rather than a standalone financial protocol. As of 2026-09-03, its market capitalization is approximately $57.6 million.
Value Proposition
JELLYJELLY differentiates itself by being anchored to a functioning consumer app rather than a purely speculative concept, with founders including a Venmo co-founder and a former Facebook VP of Product.
The token carries embedded utility inside the JellyJelly app: recent versions (5.4 and 5.4.6) added in-app JELLYJELLY/SOL/USDC swap functionality. As of 2026-09-03, the token shows $2.8 million in liquidity and $1.5 million in trading volume across 14,551 holders.
Token Basics
JELLYJELLY is a utility token, not a governance token: it carries no on-chain or DAO voting rights.
Within the JellyJelly app, holders use it for early access to app features, in-app payments, and creator rewards. It can also be swapped directly for SOL or USDC inside the app through functionality added in versions 5.4 and 5.4.6.
Tokenomics
JELLYJELLY has a fixed total supply of 1,000,000,000 tokens, of which approximately 999,999,099 are in circulation as of 2026-09-03, effectively the entire supply.
- Fully diluted valuation is approximately equal to market cap (~$55.9 million vs ~$55.8 million), reflecting the near-total circulating supply.
- The supply carries no vesting schedule or team/investor allocation.
- Net emission is flat: supply is fixed with no minting mechanism, and a quantitative supply-inflation risk indicator is rated low.
Launch & Funding
JELLYJELLY launched as a fair-launch meme coin on pump.fun on Solana on January 29, 2025, with no presale and no pre-allocated tokens.
Market capitalization reportedly reached the hundreds of millions of dollars within hours of launch. The underlying company, JellyJelly, was founded in 2021 as a video-chat app, predating the token's 2025 launch by about four years. Reported company investors include Slow Ventures and Observer Capital, separate from the token's fair-launch distribution.
Blockchain & Consensus
JELLYJELLY is deployed natively on Solana, a single Layer-1 blockchain, with no multi-chain or bridged versions identified.
JellyJelly does not operate its own blockchain, sidechain, or validator set; the token relies entirely on Solana's existing network infrastructure for transaction processing and settlement.
Team
JELLYJELLY and the JellyJelly app were launched by Iqram Magdon-Ismail, a Venmo co-founder, together with Sam Lessin, a former Facebook VP of Product.
Lessin also founded venture firm Slow Ventures and was an early Venmo investor. CertiK explicitly notes that the team is not KYC-verified.
Issuing Organization
JellyJelly, the consumer social/video-chat app company behind the token, describes itself as "the human social network" and was founded in 2021.
The app lets users post video-chat clips to a feed and cross-post them to Instagram, X, LinkedIn, and TikTok. Reported investors in the company include Slow Ventures and Observer Capital. The JELLYJELLY token itself was distributed through a separate pump.fun fair launch rather than issued directly by the company.
Governance
JELLYJELLY has no on-chain or DAO governance mechanism; its stated utility centers on app access, payments, and creator rewards rather than voting rights.
Separately, a Hyperliquid perpetual futures market referencing the same underlying coin was delisted in March 2025 after Hyperliquid's validator set voted unanimously, within about two minutes, to close the position and set a settlement price, a decision about Hyperliquid's own governance process, not about JellyJelly's or JELLYJELLY's.
Roadmap
JellyJelly removed its follower-count gating on January 2, 2026, opening the app to all creators regardless of follower count.
- App version 5.4 and the subsequent 5.4.6 update added in-app swap functionality between JELLYJELLY, SOL, and USDC.
- These updates also introduced "Wobble Coin" adoption and topic-based feed filtering.
Security
JELLYJELLY has not been audited by CertiK or any other named third-party audit firm, and has no active bug bounty program.
- CertiK's Skynet score is 73.35 ("BBB"), with Code Security rated 35% and Operational Resilience only 5%.
- The project's team is not KYC-verified.
- The token trades approximately 89% below its all-time high of $0.51392716.
- A December 2025 on-chain analysis found three wallet clusters holding approximately 57% of circulating supply, raising concentration concerns.
Frequently Asked Questions
What is Jelly-My-Jelly (JELLYJELLY)?
Jelly-My-Jelly (JELLYJELLY) is a Solana-based token tied to JellyJelly, a consumer social video-chat app where users post short clips and cross-post them to platforms like Instagram and TikTok. Launched via pump.fun on January 29, 2025, it serves as the app's associated token. As of 2026-09-03, its market capitalization is about $57.6 million.
What blockchain is JELLYJELLY built on?
JELLYJELLY is deployed natively on Solana, a Layer-1 blockchain, with no bridged or multi-chain versions identified. The token does not operate its own blockchain, sidechain, or validator set. It relies entirely on Solana's existing network for transaction processing and settlement, the same infrastructure used by other Solana-based tokens.
Who founded JELLYJELLY and the JellyJelly app?
JellyJelly was founded by Iqram Magdon-Ismail, a co-founder of Venmo, together with Sam Lessin, a former Facebook VP of Product and founder of Slow Ventures. Lessin was also an early Venmo investor. CertiK notes that the team is not KYC-verified.
Has JELLYJELLY been audited?
No. CertiK's Skynet page explicitly marks JELLYJELLY as not audited by CertiK and lists no third-party audit on file. The project also has no active bug bounty program. CertiK's overall Skynet score for the project is 73.35, rated "BBB", with notably low Code Security and Operational Resilience sub-scores.
What is JELLYJELLY's total supply?
JELLYJELLY has a fixed total supply of 1,000,000,000 tokens, with approximately 999,999,099 already circulating as of 2026-09-03, effectively the entire supply. The supply carries no vesting schedule or team allocation, and a quantitative indicator rates the token's supply-inflation risk as low.
How did JELLYJELLY launch?
JELLYJELLY launched as a fair-launch meme coin on pump.fun on Solana on January 29, 2025, with no presale or pre-allocated tokens. Its market capitalization reportedly reached the hundreds of millions of dollars within hours, consistent with typical pump.fun dynamics for tokens tied to viral consumer apps.
What happened between JELLY and Hyperliquid?
In March 2025, a whale manipulated a Hyperliquid perpetual futures market tied to the same coin, forcing Hyperliquid's HLP vault to absorb losses. Hyperliquid's validators voted unanimously, within about two minutes, to delist the contract and set a manual settlement price, a decision about Hyperliquid's own governance, not JellyJelly's.
What can holders do with the JELLYJELLY token?
JELLYJELLY functions as a utility token, not a governance token. Holders use it inside the JellyJelly app for early access to features, in-app payments, and creator rewards, and can swap it directly for SOL or USDC using functionality added in app versions 5.4 and 5.4.6.
