Mutuum Finance (MUTM) has successfully raised $17.4 million in its ongoing presale, with token prices set to increase by 20% in each phase. The project is gearing up to launch its V1 protocol on the Sepolia testnet in the fourth quarter of 2025. The DeFi platform aims to offer a utility-driven model featuring a lending platform with anticipated annual percentage yields (APY) of 10–15%, debt tokens, and a liquidation bot. With over 17,300 holders already participating, Mutuum Finance plans to incorporate Layer-2 solutions and stablecoins to minimize gas fees and enhance scalability.