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Mutuum Finance Presale Tops $18 Million as Phase 2 Advances Toward Q4 Sepolia Testnet

Company materials highlight liquidity pools, mtTokens, debt tokens alongside a liquidation bot.

Overview

  • The team reports more than $18 million raised and about 17,800 holders, with Phase 6 over 85% allocated at a $0.035 token price after starting at $0.01 in Phase 1.
  • Developers say Phase 2 focuses on smart contracts, front- and back‑end work, and risk tooling, with Phase 3 planned for beta testing and external audits ahead of a 2026 mainnet goal.
  • The V1 release is slated for a public Sepolia testnet in Q4 2025, introducing liquidity pools, mtTokens, debt tokens, a liquidator bot, and initial support for ETH and USDT.
  • An oracle framework is expected to use Chainlink price feeds, according to the project, which also cites a buy‑and‑distribute fee model rewarding users who stake mtTokens.
  • Presale access includes card purchases and a 24‑hour leaderboard awarding $500 in MUTM daily; separate coverage mentions a CertiK score near 90/100 and a $50,000 bug bounty program.