Mutuum Finance (MUTM) presale surges as lending protocol nears testnet launch

Mutuum Finance (MUTM), a decentralized lending protocol, has made notable presale progress and is preparing a coordinated testnet and token launch. The presale has raised about $19.45 million from a fixed 4 billion MUTM supply; the current phase price is $0.035 and early-phase allocations are nearly fully sold (current phase ~98% sold, 825M tokens sold across presale stages). Over 18,600 holders have joined and card payments with no purchase limits were recently enabled to broaden access. The project implements two lending models: Peer-to-Contract (P2C) for liquid, well-known assets (initial launch assets ETH and USDT) that mint mtTokens for depositors, and Peer-to-Peer (P2P) for higher-volatility tokens allowing direct lender–borrower terms. Features include variable and stable-rate options, a Stability Factor for overcollateralization, automated liquidations and a liquidator bot. Security checks reported include a CertiK token scan and an independent Halborn Security audit (reported complete in the later update). V1 is scheduled for Sepolia testnet in Q4 2025 with coordinated token listing and platform launch planned to provide immediate utility. Analysts cite tight early allocations and whale interest as scarcity drivers; some bullish scenarios project significant upside (conditional on execution and adoption). For traders, key takeaways are rapid presale uptake, limited remaining supply at early pricing, planned testnet timeline that may influence listing and liquidity, and mandatory overcollateralization which affects use-case risk. This is a sponsored press release and not investment advice — perform your own due diligence.