Mutuum Finance Hits 250% Price Surge as Presale Nears $20M Raise

Mutuum Finance (MUTM), a decentralized lending protocol in the DeFi sector, has officially completed all milestones in Phase 1 of its roadmap and transitioned into Phase 2, which is now more than halfway completed. This announcement marks a significant step forward for the project as it continues to build momentum ahead of its testnet launch in Q4 2025. With rapid development and growing community engagement, Mutuum Finance is positioning itself as a key player in the evolving DeFi landscape.

The presale for MUTM has also reached new milestones, with the token price rising from $0.01 in Phase 1 to $0.035 in the current Phase 6. This represents a 250% increase since the presale began in early 2025. Over $19.2 million has been raised to date, with more than 18,400 holders participating in the token offering.

Phase 6 is nearing full allocation, with more than 95% of its tokens already sold. This has created urgency among investors, as the price is set to increase by 20% to $0.04 once Phase 7 begins. The project has also expanded accessibility by enabling direct card purchases, making it easier for newcomers to participate.

Protocol Development and Lending Models

Mutuum Finance is developing a dual lending model that supports both traditional and flexible borrowing strategies. The Peer-to-Contract (P2C) model functions like traditional DeFi lending, where users deposit assets such as ETH or USDT into liquidity pools and receive mtTokens as interest-bearing receipts. As borrowers repay loans, these mtTokens grow in value, allowing lenders to earn yield without additional effort.

Alongside P2C, the Peer-to-Peer (P2P) model is designed to support more volatile assets such as DOGE and SHIB. This allows users to create isolated lending agreements that are not tied to traditional liquidity pools. For example, a trader could borrow SHIB to open a short position without affecting the broader market according to the latest report.

The dual structure aims to provide a balanced lending environment while ensuring flexibility for different types of users. The protocol also features dynamic interest rates that adjust based on liquidity levels. When liquidity is high, borrowing costs remain low, while tighter liquidity increases borrowing expenses. Loan-to-value limits are in place to manage risk, and liquidation mechanisms kick in when collateral falls below safe levels.

Presale Momentum and Roadmap Progress

Mutuum Finance's presale has seen steady growth since its launch in early 2025, with the current price at $0.035 and the official listing price set at $0.06. This 250% increase reflects growing confidence in the project as it moves closer to its V1 testnet release. The project has already sold over 810 million MUTM tokens, representing a large portion of the 1.82 billion allocated for the presale according to the latest financial data.

Development in Phase 2 has focused on refining smart contracts, improving user interface elements, and preparing for broader protocol testing. The team reports that more than half of Phase 2 deliverables are complete, with work continuing on back-end systems and internal validation. These updates are expected to support a smooth transition to Phase 3, which will focus on intensive testing and mainnet readiness.

Security has also remained a priority, with the project recently completing a Halborn Security audit. This review adds to the project's growing credibility and helps build trust with participants as the protocol moves closer to launch. Additionally, a $50,000 bug bounty program is in place to identify and resolve any vulnerabilities before the testnet goes live according to the official announcement.

What This Means for Investors

For investors, the rapid progress of Mutuum Finance presents an opportunity to participate in a DeFi project that is demonstrating strong fundamentals and clear development direction. The structured pricing model in the presale has encouraged steady participation, with the token now trading at a 250% premium from its initial price. This trend has continued as Phase 6 nears full allocation, with demand increasing as the next price tier approaches.

The project's token distribution strategy also supports long-term stability. With 45.5% of the total supply allocated to the presale and a significant portion already purchased, the token is being distributed broadly among holders rather than concentrated among a few large investors. This decentralized ownership model is seen as a positive indicator for future price resilience.

Looking ahead, the V1 testnet is expected to launch in Q4 2025, offering a live environment for users to interact with the protocol's core features. The testnet will include liquidity pools, mtTokens, and a liquidator bot, with support for ETH and USDT as initial assets. As the project moves closer to this milestone, continued updates on development and community engagement are expected to drive further interest and participation.