Citing Chainwire, Dubai-based DeFi lending project Mutuum Finance (MUTM) announced that its presale has raised $19 million with over 18,200 participants, marking a 250% price increase from its initial $0.01 offering. The project is preparing for a Q4 2025 testnet launch of its lending and borrowing protocol on Sepolia, with Phase 6 of the presale nearing full allocation. The V1 release will include liquidity pools, mtTokens, and a liquidation bot, supporting ETH and USDT. Security audits by CertiK and Halborn are underway.
Mutuum Finance Presale Surpasses $19M, Eyes Q4 Testnet Launch
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