A search for jellyjelly gmgn is normally about one of two things: pulling up the live JELLYJELLY chart on GMGN, or working out which jelly-named token is the real one. JELLYJELLY is a Solana token, so on GMGN you set the chain to Solana, pay the flat 1% fee plus a priority fee you choose, and read the security panel before you buy.
Unlike most memecoins, JELLYJELLY came with named founders and an app attached. That changes the risk profile, but not the volatility: this token sat at the center of one of 2025's loudest exchange incidents.
What is JellyJelly?
JellyJelly (ticker JELLYJELLY, listed by some trackers as Jelly-My-Jelly) launched on Solana through Pump.fun on 29 January 2025. It came from Iqram Magdon-Ismail, a co-founder of Venmo, with Sam Lessin, an early Venmo investor who posted the launch link to his X account. The token graduated from the bonding curve to a Raydium pool almost immediately.
The project behind it is JellyJelly, an app for recording video chats and turning them into short shareable clips with automated transcription and editing. The token was pitched as granting holders early access to the app, with details described as still being worked out at launch. That is unusual for a memecoin, but it is not a claim on revenue: holding JELLYJELLY is not equity in the company.
The launch was extreme. Decrypt reported the market cap running from roughly $18 million to about $253 million within hours, and trackers put the all-time high near $0.21 on 30 January 2025. Solana co-founder Anatoly Yakovenko publicly boosted it, which accelerated the move.
The Hyperliquid episode
In March 2025, JELLYJELLY was the subject of a manipulation attack on the perpetuals exchange Hyperliquid. A trader opened a large leveraged short on the JELLY perp, withdrew margin, and pushed spot up sharply, leaving Hyperliquid's community HLP vault showing roughly $12 million of unrealized losses at the worst point. Validators voted to settle at an adjusted oracle price, close positions and delist the perp, drawing criticism over how decentralized the venue really was.
That was a derivatives event elsewhere, and GMGN is a spot terminal, so the mechanism does not apply to a trade you place there. It matters for a different reason: this float is small enough to be pushed around deliberately.
Which chain and where it trades
JELLYJELLY is a Solana SPL token that migrated from Pump.fun to Raydium. On GMGN, switch the chain to Solana (gmgn.ai/?chain=sol) before searching the ticker; the GMGN chains guide explains what the selector changes. Jelly-themed tokens on BSC, Base and Ethereum are unrelated launches.
This page prints no contract address. Open the token inside GMGN, expand the security panel, and compare the contract character by character against what the founders posted on their official X accounts. The GMGN phishing check guide shows how lookalike addresses are built.
How to trade JELLYJELLY on GMGN
- Log in at gmgn.ai with Telegram, Google, email or Phantom; the GMGN login guide covers which method to pick.
- Deposit SOL and keep at least 0.05 SOL spare for gas and rent, per GMGN's guidance.
- Set the chain to Solana and search JELLYJELLY. Match the January 2025 launch with the deepest liquidity, not a fresh clone with the same logo.
- Set the priority fee (0.002–0.005 SOL for a normal manual trade, per GMGN's recommendation) and slippage, then buy. The how to use GMGN walkthrough covers the panel.
- Set a take-profit and stop-loss straight away using the GMGN limit orders and stop-loss guide. Auto-created TP/SL orders expire after 24 hours.
What to check before buying
- Mint authority and freeze authority: both should read disabled for a Pump.fun graduate.
- LP burned % and rug probability: confirm liquidity is burned, not sitting in a wallet.
- Top-10 holder %: this token's squeeze history came from concentration; check it every time.
- Dev sold: relevant here because the founders are named and their wallets are traceable.
- Snipers, bundlers, insiders %: on the original, a record of launch mechanics; on a clone, a warning.
- Phishing flag: any hit means walk away.
Add the founder and top-holder wallets to the GMGN wallet tracker for alerts when large holders move.
Fees on GMGN for JELLYJELLY
| Cost item | Amount | Notes |
|---|---|---|
| GMGN platform fee | 1% per buy, 1% per sell | Flat, per docs.gmgn.ai |
| Priority fee | 0.0001–2 SOL, user-set | 0.002–0.005 SOL recommended for manual trades |
| Tip | 0.0001–2 SOL, optional | Private-node routing |
| Anti-MEV | Min 0.002 SOL priority + 0.0001 SOL tip | Three modes: off, reduced, secure |
JELLYJELLY left the bonding curve on day one, so the Pump.fun fee no longer applies to spot trades. On a 0.1 SOL ticket a 0.002 SOL priority fee is already 2% before GMGN's 1%; the GMGN fees guide has the round-trip break-even math.
Risk notes
JELLYJELLY is a memecoin with a product attached, not a share in that product. It has printed an hours-long 10x, a long decline, and a documented manipulation event on a perps venue. Liquidity is far thinner than at launch, so size orders to the book rather than the chart. Named founders reduce anonymity risk but do nothing about volatility. This is an independent guide; GMGN AI App Guide is not affiliated with GMGN, and nothing here is investment advice.
Key takeaways
- JELLYJELLY launched on Solana via Pump.fun on 29 January 2025, from Venmo co-founder Iqram Magdon-Ismail and Sam Lessin, tied to the JellyJelly video-clip app.
- On GMGN, trade it on the Solana chain; jelly-named tokens elsewhere are unrelated.
- The March 2025 Hyperliquid squeeze was a perps event elsewhere, but shows how movable this float is.
- Cost per leg is a flat 1% plus your priority fee; keep 0.05 SOL in reserve.
- Verify the contract in the security panel and watch holder concentration on the GMGN AI app.
Frequently asked questions
Is JellyJelly on GMGN?
Yes. Switch GMGN's chain selector to Solana and search JELLYJELLY. The token page shows the candlestick chart, holder breakdown and security panel. Confirm the contract against the founders' official X posts first, because several tokens use jelly-themed names.
Who launched the JELLYJELLY token?
It was launched on Pump.fun on 29 January 2025 by Iqram Magdon-Ismail, a co-founder of Venmo, together with Sam Lessin, an early Venmo investor who posted the launch link on X. It is tied to their JellyJelly app for recording and clipping video chats.
Is JELLYJELLY the token involved in the Hyperliquid incident?
Yes. In March 2025 a trader used a leveraged short on JELLYJELLY perpetuals to squeeze Hyperliquid's HLP vault, and Hyperliquid's validators delisted the JELLY perp and closed positions. That was a derivatives event on another venue; the Solana spot token itself kept trading.
How much does GMGN charge to trade JELLYJELLY?
A flat 1% on every buy and every sell, according to GMGN's documentation (docs.gmgn.ai), plus a Solana priority fee you set between 0.0001 and 2 SOL and an optional tip. There is no subscription and no extra charge for automation.
Open the official terminal, install the iOS or Android app, or start with the Telegram bot. Keep only trading capital in the wallet.
Sources: GMGN documentation, DefiLlama, official app store listings and GMGN's public channels. See our methodology. Last reviewed 2026-09-22.