Mutuum Finance (MUTM) nears V1 Sepolia testnet as Phase 6 presale hits ~95% and Halborn audit begins
Mutuum Finance (MUTM) is advancing toward a Q4 2025 V1 deployment on the Sepolia testnet as it closes a strong presale and commissions an independent security audit. The presale has attracted over 18,000 participants and raised roughly $19 million, with Phase 6 reportedly about 95% sold at $0.035; Phase 7 will raise the price to $0.04. The upcoming V1 testnet will implement Mutuum’s decentralized lending features — mtTokens, reward mechanics, collateralization and borrowing terms, and an interest-rate formula — with initial token support for ETH and USDT. A Halborn audit (following earlier security checks referenced in prior reporting) aims to validate contract security, functionality and funds safety before a public testnet schedule is announced. For traders, the combination of high presale uptake, an imminent functional testnet and a professional audit are potential catalysts for increased demand and volatility in MUTM, especially as the token moves to a higher presale price tier. Key SEO keywords: Mutuum Finance, MUTM, Sepolia testnet, presale, Halborn audit, decentralized lending, mtToken.
Bullish
The news is likely bullish for MUTM. Strong presale metrics (18k+ participants, nearly $19M raised and Phase 6 ~95% sold) indicate robust initial demand and community interest, which can support price appreciation as liquidity and token distribution expand. The imminent V1 Sepolia testnet launch introduces functional product milestones — mtTokens, borrowing/collateral mechanics and an interest-rate model — that reduce product risk versus pure marketing narratives and can attract traders/speculators around technical releases. A Halborn security audit adds credibility and may lower perceived smart-contract risk, encouraging wider participation and listings. Short-term volatility is probable around audit results, testnet deployment and the transition to Phase 7 pricing ($0.04), offering trading opportunities. Longer-term impact depends on testnet performance, audit findings and actual on-chain usage; if the protocol proves secure and functional with real lending demand, demand for MUTM could remain elevated. Risks: reliance on presale momentum, broader crypto market conditions, and any negative audit findings or implementation delays, which could quickly reverse sentiment.