Mutuum Finance (MUTM) has successfully raised over $17 million in its ongoing presale, attracting more than 16,800 investors. Currently in Phase 6, the presale is 61% complete, with the token priced at $0.035. The presale operates on a fixed-price model, with each phase seeing a 20% price increase upon sellout. The project is set to launch its lending and borrowing protocol on the Sepolia testnet in the fourth quarter of 2025, marking a significant step in its development roadmap.