Pi Network Adds 3 Million Users, Activates 400,000 Nodes in 100 Days Mutuum Finance Presale Raises $11 Million, MUTM Token Up 200%

Pi Network, a cryptocurrency project, recently released an update on its achievements in the first 100 days following the launch of its mainnet in February 2025. The update highlighted several key milestones, including the introduction of Pi Domains, Pi Ventures, and the FurityPi game. Additionally, the team announced significant growth in its user base, with over 3 million new users joining the mainnet, bringing the total number of users to over 13 million. The network has also activated over 400,000 nodes, and the ecosystem interface has undergone upgrades, including the launch of the Pi Ad Network for Pi App developers and several new applications.

Despite these achievements, there are still concerns within the community. One of the main points of contention is the lack of a listing on a major exchange for the Pi coin. Additionally, there are no mainnet decentralized applications (dApps) yet, and the price of the Pi coin has been moving sideways, which has led to investor uncertainty. As a result, some investors are looking for growth opportunities elsewhere, with one of the options being Mutuum Finance (MUTM).

Mutuum Finance is a decentralized, non-custodial protocol that allows users to participate as lenders or borrowers. As lenders, users can deposit their assets into a pool on the protocol to earn interest. The interest rate is based on the pool utilization rate, which increases as more users borrow from the pool. This incentivizes lenders to deposit more liquidity, leading to optimal capital efficiency. To protect liquidity, the protocol requires that all loans be overcollateralized, meaning the value of the collateral must be worth more than the value of the loan. If a loan falls below the required level of collateralization, it becomes eligible for liquidation, where liquidators can purchase the debt at a discount to stabilize the ecosystem.

Mutuum Finance also plans to use liquidity rewards to boost liquidity on the protocol. These rewards will be offered to liquidators for high-quality assets in high demand, such as ETH and USDT. The team will also vet tokens to protect the long-term liquidity of the ecosystem, checking factors such as volatility, liquidity, centralization, and code complexity. Assets may be restricted to limited functionality or excluded from the protocol altogether if they pose a significant risk to the ecosystem's health.

The MUTM token presale has been a success, raising over $11 million from around 12,400 unique buyers. In the current phase of the presale, tokens are going for $0.03, a 200% increase from the phase 1 price of $0.01. 47% of the tokens set aside for phase 5 have already been sold, with investors rushing to take advantage of the massive 50% discount on the MUTM tokens based on the $0.06 listing price. A major driver for this presale has been the planned beta version release on the token listing day, making the MUTM token presale one of the most exciting growth opportunities of 2025.