Security Audits Drive Mutuum's $18.9M Presale Momentum

Mutuum Finance (MUTM), a decentralized lending and borrowing protocol, has surged to prominence in 2025 as its presale enters a critical phase. Phase 6 of the token sale, which began at $0.035 per token, is now over 90% allocated, with the remaining supply dwindling ahead of a 20% price increase in Phase 7. The project has raised $18.9 million from 18,200+ holders, selling 800 million of its 1.82 billion presale-allocated tokens. The token's price has risen 250% from its Phase 1 debut at $0.01, with the confirmed listing price of $0.06 suggesting a 600% appreciation from the earliest entry point.

The momentum has been fueled by a combination of structured price increases, community incentives, and technical progress. A daily leaderboard rewards the top contributor with $500 in MUTM, while card payments have expanded accessibility for buyers unfamiliar with crypto. The project's roadmap includes a Sepolia testnet launch in Q4 2025, featuring liquidity pools, mtTokens, and automated liquidation systems. This phase will support ETH and USDT as initial assets, with plans to expand to other tokens later.

A key milestone for investor confidence is the ongoing Halborn Security audit of Mutuum's smart contracts, initiated as Phase 6 nears completion. Halborn, a firm known for auditing major blockchain platforms like Solana and Polygon, is reviewing the lending and borrowing codebase to validate its accuracy and resilience. This follows a prior CertiK audit, adding a second layer of security assurance according to reports. The audit's completion is a prerequisite for the testnet release, reinforcing the project's credibility in a market where security remains a top concern.

Mutuum's dual-model protocol combines pooled liquidity markets with isolated peer-to-peer lending, allowing users to interact with both stable and volatile assets without compromising core liquidity. The platform's mtTokens, which represent interest-bearing positions, will also serve as staking assets in a safety module designed to distribute protocol-generated rewards. This structure aims to create a self-sustaining ecosystem where lending, borrowing, and staking activities drive long-term demand for MUTM.

Analysts highlight the project's clear milestones and utility-driven model as differentiators. With Phase 6's rapid sellout and the testnet approaching, early buyers are positioned to benefit from a potential price surge ahead of the Q4 launch. The team has emphasized a beta version's release concurrent with the token listing, which could accelerate exchange adoption and liquidity.

As Mutuum Finance advances through its roadmap, the alignment of presale momentum, security validation, and protocol development underscores its position as one of 2025's most active DeFi projects. With Phase 6 nearing exhaustion and the testnet on the horizon, the platform is poised to transition from a presale-driven narrative to a functional on-chain ecosystem.