Mutuum Finance raised $20.5M in presale, with its protocol live on testnet and audited for security.

Mutuum Finance (MUTM), a decentralized finance project in presale phase 7, has raised $20.52 million with 18,980 holders, trading at $0.04. Its V1 protocol is live on the Sepolia testnet, featuring liquidity pools, mtTokens, debt tokens, and automated liquidations. The platform uses a dual lending system—Peer-to-Contract for stablecoins and a future Peer-to-Peer model for volatile assets—offering dynamic yields and risk-adjusted returns. Audited by Halborn and CertiK, with a $50,000 bug bounty, it emphasizes security and real-world utility. Early investors have seen up to fourfold gains, and analysts see potential for growth if listed on major exchanges.