Mutuum Finance (MUTM), a new decentralized lending protocol, is generating significant investor interest as its ongoing presale has raised over $20.6 million from more than 19,000 individual holders. The project, currently in Phase 7 of its presale, is selling tokens at $0.04, representing a 300% increase from its initial Phase 1 price of $0.01 and a 50% discount from its confirmed launch price of $0.06.
The core of Mutuum Finance is a non-custodial lending and borrowing hub designed to replace traditional banking intermediaries with automated smart contracts. The protocol features two primary models: a Peer-to-Contract (P2C) system with shared liquidity pools where users earn yield and receive yield-bearing mtTokens, and a developing Peer-to-Peer (P2P) marketplace for custom loan terms. An Automated Liquidator Bot monitors loan health factors to maintain system solvency.
Technical and security milestones are bolstering confidence. The project has launched its V1 protocol on the Ethereum Sepolia testnet, allowing users to test core functions with assets like ETH, WBTC, and USDT. Security has been a priority, with the protocol completing a full manual audit by top cybersecurity firm Halborn Security and achieving a high trust score from CertiK. A $50,000 bug bounty program is also in place.
The presale's Phase 7 is reportedly selling out rapidly, accelerated by "whale" purchases exceeding $100,000. Out of the 1.82 billion tokens allocated for the community presale (from a total fixed supply of 4 billion), over 850 million have already been sold. The upcoming Phase 8 will see the price increase to $0.045.
Analysts are projecting substantial growth for the MUTM token. Initial post-launch predictions suggest a potential 6x increase, pushing the token toward $0.35. Longer-term, some analysts model an 800% to 1,200% upside by 2027, with price targets between $0.60 and $0.80, contingent on the successful execution of its roadmap. This roadmap includes the launch of a native over-collateralized stablecoin and plans to migrate to Ethereum Layer-2 scaling solutions for lower fees and faster transactions.
Meanwhile, Ethereum (ETH) is experiencing a period of consolidation, trading around $1,957 and facing significant resistance at the $2,000 and $2,100 levels. With a market cap of approximately $239 billion, its size makes aggressive price movements more challenging, leading some investors to seek higher-growth potential in newer, lower-cap projects like Mutuum Finance.
