Mutuum Finance (MUTM) Nears Final Presale Phase Ahead of Q4 2025 V1 Testnet Launch

Mutuum Finance (MUTM), a new decentralized lending protocol, is entering the final 3% of its Phase 6 token allocation, creating urgency among investors ahead of its planned V1 testnet launch in Q4 2025. The project has raised over $19.25 million from more than 18,500 investors during its presale phases.

The MUTM token, initially offered at $0.01 in early 2025, is currently priced at $0.035 in the presale, representing a 250% increase. The price is scheduled to rise to $0.04 upon the completion of Phase 6, with an official launch target price of $0.06. The project reports recent "whale" allocations exceeding $100,000, further accelerating the sell-out of the current phase.

Mutuum Finance is building a dual-model lending system. The primary model is a Peer-to-Contract structure where users can deposit assets like Ethereum (ETH) and Tether (USDT) into audited smart contracts to receive interest-bearing mtTokens. Interest rates will dynamically adjust based on pool liquidity and loan demand. The protocol will feature loan-to-value (LTV) restrictions and a liquidation engine to manage risk during market volatility, with LTV ratios for highly liquid assets reaching up to 97%.

A secondary Peer-to-Peer lending model will cater to riskier assets, including meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), allowing lenders and borrowers to set custom terms without a central liquidity pool.

The upcoming V1 release on the Sepolia testnet will include the core lending pool mechanics, mtToken system, debt engine, and liquidation logic, initially supporting ETH and USDT. Future development plans include launching an overcollateralized, USD-pegged stablecoin backed by assets like ETH, Solana (SOL), and Avalanche (AVAX).

On the security front, Mutuum Finance has undergone a CertiK audit, scoring 90/100 on Token Scan, and is undergoing a final code review by Halborn Security. The team also maintains a $50,000 bug bounty program. The total supply of MUTM is 4 billion tokens, with 45.5% (1.82 billion) allocated for initial distribution phases, of which 815 million have reportedly been sold.