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

New updates have been reported about Mutuum Finance.

Mutuum Finance is emerging as a notable new entrant in decentralized lending, with its MUTM token presale surpassing $19.9 million raised from approximately 18,900 holders as it advances through its early funding phases. The project is building a collateralized lending and borrowing protocol with clearly defined loan-to-value and liquidation rules, offering both a pooled environment—where liquidity providers earn yield via mtTokens tracking deposits and interest—and a peer-matching environment that directly connects lenders and borrowers under the same risk framework. The presale, which began in early 2025 at $0.01 per token, is now in Phase 7 at $0.04, implying a 300% price increase from inception and signaling tightening token availability as allocation in this band crosses 6%. Mutuum has set a planned launch price of $0.06, implying up to 500% paper gains for the earliest participants if the token lists at the stated level, and it is using a daily leaderboard that awards $500 in MUTM to the top 24-hour contributor to sustain engagement in later presale stages.

On the technical and strategic front, Mutuum has confirmed that its V1 protocol release is slated for deployment on the Sepolia testnet in Q1 2026, a key inflection point as it moves from concept to operational candidate. V1 will introduce core mechanics including collateral handling, loan-to-value enforcement, liquidation execution, borrowed asset accounting, and mtToken issuance, establishing the base infrastructure for the lending platform. The roadmap’s subsequent Phase 2 targets stablecoin issuance against collateral, oracle integrations for real-time pricing, and broader multi-asset collateral support—features that are generally viewed as prerequisites for sustainable DeFi lending and risk management. Analysts tracking early-stage crypto protocols note that Mutuum’s combination of gradual, widely distributed fundraising, defined token economics, and visible technical milestones differentiates it from purely narrative-driven altcoins, and positions it as a potential contender in the next DeFi lending cycle, contingent on timely delivery of V1 and continued progress on its infrastructure roadmap.