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4h ago

Mutuum Finance Presale Passes $17 Million as Phase 6 Sells Through and Next Price Step Approaches

The Ethereum-based lending protocol plans a Q4 Sepolia testnet with ETH and USDT support.

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Overview

  • Mutuum Finance has raised roughly $17.1–$17.2 million with more than 16,800 investors and over 750 million tokens allocated in its staged sale.
  • Phase 6 is priced at $0.035 and reported as more than 60% sold, with Phase 7 set at $0.04 and a planned token listing price of $0.06.
  • Version 1 is slated for Sepolia testnet deployment in Q4 2025, introducing liquidity pools, mtTokens, debt tokens, and a liquidator bot with initial support for ETH and USDT.
  • The project reports a CertiK TokenScan score of 90/100 and has launched a $50,000 bug bounty alongside a live presale dashboard, a Top 50 leaderboard, and a $100,000 giveaway.
  • The protocol design combines Peer-to-Contract pools with Peer-to-Peer markets, uses mtTokens that accrue interest for depositors, and outlines buybacks for stakers plus a layered Chainlink-based oracle and a planned overcollateralized stablecoin.