Mutuum Finance Nears $20M Presale as Halborn Audit Clears Path to V1 Launch

New updates have been reported about Mutuum Finance.

Mutuum Finance has accelerated toward launch, reporting $19.8 million raised in its MUTM token presale while finalizing its V1 lending and borrowing protocol. The company confirmed that Halborn Security has completed an independent audit of its V1 smart contracts, a key technical de-risking step before broader user testing. V1 is now being readied for deployment on the Sepolia testnet, with a comprehensive protocol update promised next week that is expected to clarify feature readiness, rollout timing, and mainnet launch expectations. The initial V1 environment is planned to support ETH and USDT for lending, borrowing, and collateral, positioning Mutuum’s first live release as a focused, core-functionality launch rather than an expanded multi-asset offering. Mutuum also points to a CertiK Token Scan score of 90/100 as an additional security signal for investors ahead of mainnet activation.

On the capital formation side, the presale remains central to Mutuum Finance’s go-to-market strategy. The project says it has surpassed 18,800 holders, selling more than 830 million MUTM tokens out of a 1.82 billion-token presale allocation, with the current Phase 7 price at $0.04 versus a confirmed launch price of $0.06. That pricing path reflects a 300% increase from the $0.01 Phase 1 level and implies a 500% uplift by launch, while the remaining allocation continues to tighten as phases advance. The company reports that Phase 1 of its roadmap is complete and Phase 2 is nearing completion, with Phase 3 centered on testnet preparation and Phase 4 designed to align platform launch with token listing to ensure immediate, utility-backed demand. To sustain presale momentum, Mutuum has layered in incentives, including a $100,000 giveaway to 10 winners and a rotating 24-hour leaderboard offering a $500 MUTM bonus to the top contributor each day. Collectively, the completed Halborn audit, imminent V1 testnet release, advancing roadmap, and near-$20 million presale raise underscore that Mutuum Finance is approaching a critical launch phase where execution against these milestones will determine its competitive position in the lending protocol market.