DeFi lending newcomer raises over $19.5 million, dual-market mechanism to go live for testing

ForkMonger · 2025-12-31T10:40:10+00:00

Mutuum Finance's token presale has entered the seventh phase, raising $19.5 million and selling 820 million tokens. The project is dedicated to a dual-market DeFi lending protocol, has completed a security audit, and established a $50,000 bug bounty. V1 version is being deployed on the testnet to test its functionality.

ForkMonger

2025-12-31 10:40:10

Abstract generation in progress

【Crypto World】Mutuum Finance’s token presale has reached its seventh stage, which is quite interesting — they have raised $19.5 million from nearly 20,000 holders, and the tokens sold have reached 820 million.

This project is quite ambitious. They are building a dual-market DeFi lending protocol, and the technical aspects are also solid; security audits have been completed. They also allocated $50,000 for a bug bounty program, which shows sincerity in the early stages of the project.

The next step is to deploy V1 on the Sepolia testnet, including liquidity pools and automation mechanisms. Whether this setup can run smoothly depends on actual performance, but based on the progress in fundraising and audits, the team is definitely making progress.

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HalfBuddhaMoney

· 5h ago

Wow, such fast fundraising speed. Let's see after the test net goes live. Since the funding is so quick now, I'll hold off and observe.

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LiquidationWatcher

· 5h ago

The dual-market mechanism sounds good, but I wonder if it will become the next exit scam project.

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GasWaster

· 5h ago

Peer-to-peer lending? Sounds good, but actually making it work is the key. --- 195 million in funding isn't small; let's see how the Sepolia testnet performs. --- Hey, a $50,000 bug bounty... that's decent, at least it doesn't feel like a pure scam. --- 820 million tokens... the circulating supply needs to be looked at carefully. --- Let's wait until the testnet is launched; no point in hyping it up now. --- Having 20,000 holders is interesting; it shows there's still some enthusiasm. --- Security audit completed? Who audited it? It depends on the organization, of course. --- Wait, this is another DeFi lending protocol... how serious is the homogeneity issue? --- With such rapid funding progress, is the team really working hard or just racing in speed?

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GateUser-2fce706c

· 5h ago

The dual-market mechanism has indeed addressed the pain points of the lending track. I've always said that for DeFi to stand out, it must have differentiated competition. Now, I finally see a team seriously working on this.

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NervousFingers

· 6h ago

1950 million dollars in funding is indeed impressive, but can the dual-market lending model truly take off? Let's wait and see. --- $50,000 bug bounty? These days, not many project teams are willing to spend that much on audits. --- Another new DeFi lending platform. There are already hundreds of such projects on the market. Standing out is the key. --- The audit is complete and funding is secured. Now it depends on whether the testnet can stay stable, as there have been too many crash cases. --- Running V1 on Sepolia, it's just a matter of saying so. Haven't even seen the product yet, and they're already hyping it up. --- Nearly 20,000 holders, the distribution seems pretty good. But how will the lock-up period be arranged later?

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