Mutuum's Presale Surge and Testnet Push Signal DeFi's Functional Evolution

Mutuum Finance (MUTM) is accelerating toward a pivotal stage in its development as its Phase 6 presale surpasses 90% allocation, with the project nearing $19 million in total funds raised. The decentralized lending and borrowing protocol, which aims to automate on-chain credit systems through smart contracts, has attracted over 18,500 holders since its presale launch in early 2025. The token price in Phase 6 currently stands at $0.035, reflecting a 250% increase from the initial $0.01 offering in Phase 1. With each presale stage selling out faster than the previous, the project is now deep into its sixth round, leaving only a limited supply of tokens at this price tier according to project updates.

The rapid progress has been bolstered by a structured tokenomics model, allocating 45.5% of the 4-billion-token supply - 1.82 billion tokens - to the presale according to official reports. Over 800 million tokens have already been sold, with Phase 6 now exceeding 95% allocation in some reports. The project has also introduced card payment support, enabling fiat-based purchases and broadening accessibility for new participants. This, combined with a daily leaderboard reward system that awards $500 worth of MUTM to top contributors, has sustained high engagement and community growth.

Security remains a focal point as the protocol undergoes independent audits. Halborn Security has initiated a full review of Mutuum's lending and borrowing contracts, following an earlier audit by CertiK. The codebase, now finalized, is under scrutiny to ensure resilience and accuracy ahead of the public testnet launch. Project timelines indicate the Sepolia testnet will debut in Q4 2025, supporting ETH, USDT, and automated liquidation features. This testnet phase is critical for validating the platform's utility beyond the presale, positioning MUTM as a functional DeFi ecosystem rather than a speculative token.

Market analysts highlight the project's potential for multi-fold returns, given its low entry price relative to the planned $0.06 launch valuation. With Phase 6 nearing exhaustion, the next price tier - $0.04 in Phase 7 looms as a key inflection point for early buyers. The buy-and-distribute model further enhances value retention, channeling platform fees into token buybacks and staking rewards.

As Mutuum Finance approaches its first major technical milestone, the convergence of strong presale performance, robust security measures, and a clear roadmap underscores its emergence as one of 2025's most active DeFi projects. The final stages of Phase 6 will likely determine the trajectory of its broader adoption, with investors closely monitoring the testnet launch and subsequent market dynamics.