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3h ago

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

The project pitches dual lending markets with a revenue-backed token model tied to on-chain usage.

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Overview

  • Mutuum reports more than $17 million raised with Phase 6 priced at $0.035 now roughly 60–65% sold and over 16,800 holders participating.
  • The team has confirmed a Version 1 launch on Ethereum’s Sepolia testnet in Q4 2025 featuring liquidity pools, mtTokens, debt tokens, a liquidator bot, and initial support for ETH and USDT.
  • The staged presale lists Phase 7 at $0.04 with a stated exchange listing target of $0.06 following earlier phases that began at $0.01.
  • Security measures include a completed CertiK review (Token Scan 90, Skynet 79), a $50,000 bug bounty, and a separate $100,000 giveaway to broaden participation.
  • Coverage compares MUTM’s upside to larger tokens like SOL and XRP, though such price projections are promotional and remain speculative rather than assured.