Abstract: An inflatable jumping toy typically employed in a play area by children performing jumping exercises is disclosed. The inflatable jumping toy comprises a construction incorporating a large torodial-shaped tube utilized as a base element and a vertical retainer wall mounted upon the top of the torodial-shaped tube. The retainer wall functions to absorb the lateral impact of a child against the jumping toy and to prevent a child from falling out of or being accidentally ejected from the jumping toy. A multi-layer bouncing mattress which is surrounded by and in communication with the torodial-shaped tube serves as a cushioned floor to absorb the vertical impact of the children during the jumping exercises. In a preferred embodiment, the multi-layer bouncing mattress includes an upper floor layer having an I-beam construction for providing maximum impact absorption of the vertical forces associated with jumping.