Mutuum Finance Nears V1 Launch as $19.9M Raised and Token Presale Advances

New updates have been reported about Mutuum Finance.

Mutuum Finance is approaching a critical inflection point as it prepares to move from development into live protocol testing, positioning its MUTM token as a utility-focused DeFi asset rather than a speculative meme play. The company is building a decentralized lending platform that will support borrowing, collateral management and yield generation through two markets: a pooled lending market where depositors earn APY via mtTokens, and a direct matching market where borrowers can access liquidity under the same risk parameters without selling their original assets. Its V1 release, slated for deployment on the Sepolia testnet in Q1 2026, will introduce the core mechanics—collateral rules, liquidation processes, debt accounting and initial lending markets—marking the first major utility phase for the token. To date, Mutuum Finance has raised $19.9 million and attracted 18,900 token holders in early access, with analysts interpreting this as accumulation-driven participation indicative of longer-term positioning rather than short-term speculation.

The MUTM token is currently priced at $0.04 in Phase 7 of its presale, up 300% from the $0.01 launch price in early 2025, with phase progression tied to higher pricing as allocations are filled; Phase 7 has already surpassed 6% completion and is moving faster than earlier stages. Out of a total 4 billion MUTM supply, 1.82 billion tokens (45.5%) are allocated to early access, and 830 million have been sold so far, giving the project a comparatively broad initial distribution footprint that may help mitigate post-launch selling pressure and deepen community participation. Mutuum has also added two onboarding mechanisms designed to sustain capital inflows and widen its investor base: card payment support to remove frictions for non-crypto-native buyers, and a rolling 24-hour leaderboard that rewards the largest daily contributor with $500 in MUTM, which analysts say has helped keep presale allocations steady during the later stages of Phase 2. Looking forward, the roadmap includes a planned overcollateralized stablecoin that will let users mint against existing assets, a feature expected to extend user retention, stabilize protocol fee flows and support lender yields. With Roadmap Phase 2 nearing completion, the upcoming V1 testnet window and continued presale compression, Mutuum Finance is entering the stage where its lending infrastructure and revenue model become visible to a broader base of capital and users, aligning investor attention with usage-driven, utility-based DeFi exposure.