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Mutuum Finance Presale Nears Full Allocation as Halborn Audit Precedes Sepolia V1 Testnet

The project shifts from fundraising into security review ahead of public testing to validate its lending protocol.

Overview

  • Phase 6 is about 99% sold at $0.035 with roughly $19.4 million raised and more than 18,600 holders reported.
  • The team says the lending and borrowing codebase is complete, with a V1 rollout targeted on Ethereum’s Sepolia testnet in Q4 2025.
  • Halborn is conducting an independent audit of the smart contracts, complemented by a $50,000 bug bounty and a reported 90/100 CertiK TokenScan score.
  • Mutuum is building dual lending markets (pooled P2C and negotiated P2P) that issue mtTokens to represent deposits and yield with defined LTVs and liquidation mechanics.
  • Plans include a buy-and-distribute model that uses platform revenue to purchase MUTM for mtToken stakers, plus presale incentives such as a daily $500 leaderboard and card payment support.