vpn tu mstats refers to the distribution of SPI processing among multiple Firewall Worker Instance cores, and was introduced in R80.10 as "Multicore VPN": sk118097: MultiCore Support for IPsec VPN
Prior to R80.10 a connection's handling and inspection could be performed by any one of the worker cores for that single connection, however any VPN encryption/decryption operations could only be handled by worker instance 0 which was normally the highest-numbered core in the system. Needless to say this caused a huge bottleneck for IPSec VPN performance.
Starting in R80.10 while a single worker core still handles the inspection of all the packets of a single connection (connection instance), for balancing purposes the IPSec VPN encryption/decryption can be handled by a different worker instance core (not necessarily instance 0) which is referred to a the as the "tunnel instance" (cite: sk104760: ATRG: VPN Core (Site to Site)). This "outsourcing" of encryption/decryption operations off the connection instance is indicated by the vpn tu mstats command, and also appears as the "e" and "E" capture points in fw monitor as discussed here: fw monitor inspection point e or E
What we would consider a "tunnel" (whether the initial IKE tunnel or the IPSec tunnel) actually consists of two SPIs. SPI's are unidirectional, so for an IKE SA tunnel there is an inbound SPI and an outbound SPI. For the IPSec SA tunnel there is also a separate inbound SPI and an outbound SPI.
I'm not sure where you are getting 600 for the maximum number of concurrent VPN tunnels (unless you are on SMB/Spark) as the default is 10,000 on regular gateways. I would assume a max of 10,000 tunnels would mean a maximum of 20,000 SPIs. If you are indeed bumping against some kind of tunnel limit make sure you are not using "pair of hosts" in the VPN tunnel sharing section of your VPN communities, as this will create a crapload of individual tunnels.
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