Core Insights - Mutuum Finance (MUTM) has raised over $20.6 million in total funds and has more than 19,000 token holders, indicating strong presale momentum and active protocol development [1][3][12] Funding Milestone and Community Growth - The presale has accumulated $20.6 million in contributions, with over 19,000 participants and more than 850 million of the 1.82 billion allocated MUTM tokens already secured [3][4] - Approximately half of the total presale allocation remains available, tightening supply as the project progresses [4] - Currently in Phase 7 of the presale, MUTM is priced at $0.04, reflecting a 300% increase from the initial offering price of $0.01, with a confirmed launch price of $0.06 representing a 500% increase [5][6] Protocol Development and Infrastructure Progress - Mutuum Finance is developing a decentralized lending and borrowing infrastructure based on overcollateralized lending mechanisms [7] - The V1 protocol is live on the Sepolia testnet, allowing users to interact with core components and supported markets like USDT, ETH, LINK, and WBTC [8][9] - The testnet deployment enables participants to explore liquidity provisioning, borrowing, and risk management mechanics ahead of the mainnet transition [9] Security and Roadmap Outlook - The V1 protocol has completed a security audit by Halborn, enhancing confidence in its smart contract framework, while the MUTM token contract has been reviewed by CertiK's Token Scan [10] - Future roadmap objectives include the development of a native overcollateralized stablecoin and plans for multichain expansion [11]