Mutuum Finance has successfully raised $19 million through its token offering, with Phase 6 achieving 95% allocation. The token price in this phase is set at $0.035, with an anticipated increase to $0.040 in Phase 7. The project is gearing up for a Q4 2025 testnet launch on the Sepolia network.
The platform, which integrates Peer-to-Contract and Peer-to-Peer lending models, is also developing an over-collateralized stablecoin. Mutuum Finance has engaged Halborn Security for a contract review, following a prior audit by CertiK. Additionally, the project plans to implement revenue-driven buybacks and community incentive programs to enhance its ecosystem.
Mutuum Finance Secures $19M in Token Offering, Plans Q4 Testnet Launch
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
