Mutuum Finance Nears $20M Presale as DeFi Lending Protocol Prepares V1 Launch

New updates have been reported about Mutuum Finance.

Mutuum Finance is accelerating its emergence as a new decentralized lending player, with its MUTM token presale approaching the $20 million mark and Phase 7 of its structured sale nearing completion. The protocol, designed to serve traders seeking leverage and liquidity in bullish markets, has already attracted more than $19.8 million in early access commitments and over 18,800 token holders, indicating a broad and diversified base of initial participants. The current Phase 7 price is $0.04 per token, with a confirmed launch price of $0.06, following a stepped structure that began at $0.01 in Phase 1, effectively delivering a 300% increase for earliest buyers and creating clear price momentum as the sale progresses toward Phase 8. Recent on-chain data shows multiple six-figure ticket sizes entering the sale, underscoring growing institutional or high-net-worth interest and reinforcing urgency among smaller buyers as the remaining allocation tightens.

At the product level, Mutuum Finance is building a dual-structure lending protocol that combines peer-to-contract and peer-to-peer environments under a single system. In the peer-to-contract model, users deposit assets into the protocol to earn yield and receive mtTokens representing their positions and accrued interest, while borrowers tap predefined loan terms backed by collateral; example returns of 4–6% APY on mtETH are referenced, subject to market demand. The peer-to-peer environment supports negotiated loans within fixed loan-to-value parameters, enabling users to unlock liquidity—such as drawing $5,600 against $8,000 in ETH at 70% LTV—without liquidating core holdings, with liquidation rules designed to maintain solvency during volatility. Ahead of its V1 mainnet release, Mutuum has completed key security steps, including a full code audit by Halborn Security, a CertiK token scan score of 90/100, and a $50,000 bug bounty program targeting potential vulnerabilities in liquidation, collateral, and oracle mechanisms. Presale infrastructure has been optimized to widen participation through card payments and a daily leaderboard that rewards the top buyer with MUTM, supporting steady inflows and visibility as the project positions itself among the more heavily funded DeFi launches prior to going live on testnet and mainnet.