Particle.news

Download on the App Store

Mutuum Finance Presale Passes $15.8 Million With Phase 6 40% Sold

Fresh figures precede a $0.04 next phase, a planned $0.06 listing, a live beta at debut.

Overview

  • Phase 6 continues at $0.035 with roughly 40% of the tranche sold, totaling about $15.8 million raised from approximately 16.3 thousand holders.
  • The next presale stage is set at $0.04, and the team outlines a $0.06 listing with the beta platform slated to be live when trading begins.
  • The DeFi protocol combines peer-to-contract pools for stablecoins with peer-to-peer lending for riskier assets, issues mtTokens as interest-bearing deposits, and designs an overcollateralized $1‑pegged stablecoin.
  • The project reports completion of a CertiK review; outlets cite differing score figures, while a $50,000 bug bounty and a $100,000 giveaway are underway to drive testing and engagement.
  • Coverage features bullish projections of roughly 20x to 25x by 2026, which are presented as analyst opinions rather than verified outcomes.