Mutuum Finance (MUTM), a decentralized finance project on Ethereum, has successfully raised $17.9 million in its presale, attracting over 17,400 investors. The project is set to launch its V1 lending and borrowing protocol on the Sepolia Testnet in Q4 2025. The presale, which has advanced through six phases, saw the token price increase from $0.01 to $0.035, with the current phase more than 75% sold out. The upcoming testnet will feature liquidity pools, mtTokens, debt tokens, and a liquidator bot. Mutuum Finance has also rolled out community incentives, including a $100,000 giveaway and a 24-hour leaderboard. The project's smart contracts have been audited by CertiK, achieving a 90/100 TokenScan score, underscoring its commitment to security and transparency.