Mutuum Finance (MUTM), a new decentralized lending platform, is generating significant investor interest during its presale, having raised nearly $20 million and attracted over 18,550 holders. The project is currently in Phase 6 of its presale, with tokens priced at $0.035 and the phase being over 99% sold out. The upcoming Phase 7 will see the price increase to $0.040, representing a 15% rise from the current level.
The platform's core offering is a dual-lending model designed to provide practical utility from launch. The Peer-to-Contract (P2C) model will allow users to lend major assets like USDT, ETH, BTC, and SOL into audited smart contracts, receiving mtTokens that represent their share in the liquidity pool and accrue interest in real-time. The platform projects an average APY near 15% for stablecoin lenders. The Peer-to-Peer (P2P) model will facilitate lending for more volatile or niche assets, such as DOGE or PEPE, operating outside the main pools to protect core system stability.
Mutuum Finance has secured an independent security audit with Halborn Security and plans to launch its V1 protocol on the Sepolia Testnet in Q4 2025. The initial mainnet launch will support ETH and USDT for lending, borrowing, and collateral. A key feature of the tokenomics is a buy-and-distribute system where a portion of platform revenue is used to buy MUTM tokens from the open market and distribute them to users who stake their mtTokens, aiming to create constant buy pressure.
The news contrasts Mutuum's utility-focused approach with the speculative nature of assets like Dogecoin (DOGE), which is described as relying on social media trends and momentum cycles. The article positions MUTM as a high-growth opportunity for early adopters, highlighting that an investor who entered during Phase 1 at $0.01 would already see a 3.5x gain, with a potential 6x gain projected upon listing at a target price of $0.06.
