Mutuum Finance Nears $20M in Presale as DeFi Lending Protocol Approaches Testnet Launch

New updates have been reported about Mutuum Finance.

Mutuum Finance is entering a critical pre-launch phase, combining rapid presale momentum with clearer technical milestones for its decentralized lending platform. The project’s Phase 7 token sale, priced at $0.04 versus an initial $0.01 in early 2025, reflects a 300% step-up ahead of a planned $0.06 launch price and has already exceeded $19.9 million raised from around 18,900 holders, with roughly 830 million MUTM tokens distributed. Out of a 4 billion total token supply, approximately 45.5% (about 1.82 billion tokens) is earmarked for presale, with the remainder reserved for development, future ecosystem incentives, liquidity provisioning, and partnerships—an allocation model aimed at wider distribution and reduced concentration risk among early stakeholders. Management is using this broad float to support price discovery and mitigate dominance by a small group of private investors once secondary trading begins.

Phase 7 is progressing faster than earlier rounds, supported by features designed to sustain daily engagement and lower entry barriers, including a 24-hour contribution leaderboard that rewards the top daily participant with $500 in MUTM and the option to participate via card payments instead of only crypto. The current acceleration coincides with increased visibility on the product roadmap: Mutuum Finance plans to launch its V1 protocol on the Sepolia testnet in Q1 2026, with capabilities for collateral handling, mtToken accounting, liquidation logic, and debt tracking, followed by mainnet deployment after successful testing. A subsequent Phase 2 is expected to introduce an over-collateralized stablecoin and integrated oracle networks for price feeds, enabling users to borrow against collateral and strengthening liquidation precision during market volatility. Taken together, the advancing presale, diversified holder base, and approaching technical milestones position Mutuum Finance at the inflection point between capital formation and operational rollout ahead of an anticipated Q2 2026 go-live window, with clear implications for early investors, prospective partners, and DeFi market participants monitoring new lending protocols.