The cryptocurrency market is witnessing significant investor interest in Mutuum Finance (MUTM), a new DeFi project currently in its presale phase. Drawing comparisons to Ethereum's early growth trajectory, MUTM is positioned as a low-cost contender with a focus on solving real problems in decentralized finance.
Mutuum Finance's presale has raised approximately $19.5 million to date, with over 18,580 token holders already participating. The project is currently in Phase 6 of its presale, with tokens priced at $0.035. This phase is reported to be 98-99% sold out, indicating strong demand. Once Phase 6 concludes, the token price is scheduled to increase by 15% to $0.040 in the next phase. The presale began in early 2025 with tokens priced around $0.01, representing a 250% increase from its initial offering.
The project's core innovation is its dual-model lending architecture. It features a Peer-to-Contract (P2C) model, where users deposit assets into shared liquidity pools governed by smart contracts that automatically set interest rates. Depositors receive mtTokens representing their pool share and interest, which can later be used as collateral. The second model is Peer-to-Peer (P2P), which connects lenders and borrowers directly, offering more flexibility for negotiating terms and supporting assets often excluded from traditional platforms.
A key growth driver is the platform's integrated buy-and-distribute mechanism. A portion of the revenue generated from lending and borrowing activities will be used to repurchase MUTM tokens from the open market. These repurchased tokens will then be distributed to users who stake their mtTokens, creating continuous buy pressure directly tied to platform usage.
Development is reportedly on track, with Phase 1 of the roadmap fully completed and more than half of Phase 2 finished. The team plans to launch the V1 protocol on the Sepolia testnet in Q4 2025. To boost community engagement, Mutuum Finance is running a $100,000 giveaway, with ten participants set to receive $10,000 each, alongside a daily leaderboard reward system.
