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8h ago

Mutuum Finance Presale Tops $17 Million as Phase 6 Advances at $0.035, Q4 Sepolia Testnet Confirmed

The project says its V1 lending protocol will debut on Ethereum’s Sepolia testnet with ETH and USDT support.

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Overview

  • Mutuum reports roughly $17.0–$17.25 million raised with more than 16,800 holders and over 740–750 million tokens allocated across staged presale rounds.
  • Phase 6 is priced at $0.035 and is over 60% sold, with the next phase slated at $0.04 and a stated listing price of $0.06.
  • V1 is planned for Q4 2025 on Sepolia and will include a liquidity pool, mtTokens, a debt token system, and a liquidator bot, starting with ETH and USDT markets.
  • Security and community measures include a completed CertiK review (TokenScan score around 90, Skynet about 79), a $50,000 bug bounty, and a $100,000 giveaway.
  • Mutuum outlines dual lending markets (P2C and P2P), interest-bearing mtTokens, a buy-and-distribute revenue model for MUTM, and an overcollateralized borrow-minted stablecoin, while promotional coverage touting outsized returns remains speculative.