Mutuum Finance Raises $10.85 Million, Aims to Redefine DeFi

Bitcoin Cash (BCH) has once again drawn attention in late June, but for reasons that highlight its struggles to remain relevant in the rapidly evolving cryptocurrency landscape. Originally a hard fork of Bitcoin, BCH was designed as a low-fee transactional coin. However, it has failed to develop into a comprehensive ecosystem, especially in a crypto world now dominated by decentralized finance (DeFi), staking, stablecoins, and Layer-2 infrastructure. With limited developer activity and shrinking use cases, BCH is increasingly seen as a legacy asset rather than a future-ready solution.

Pragmatic investors are now shifting their focus towards utility-first projects that address the needs of modern decentralized finance. One such project is Mutuum Finance (MUTM), which is quickly gaining traction as a standout among low-cap projects. Designed not just to survive but to scale across real-world financial use cases, Mutuum Finance is proving its worth with a beta launch on the horizon, a full CertiK audit complete, and over $10.85 million already raised. This new entrant is positioning itself as a must-watch project for serious investors before the third quarter begins.

What sets Mutuum Finance apart is its foundation and roadmap. The protocol is positioning itself as a Layer-2 enabled, regulatory-aligned DeFi platform that solves real liquidity problems in crypto. The launch roadmap is fully transparent, with Phase 3 finalizing key platform components like the DApp interface and smart contract integration. Beta testing will take place on testnet before the full live version is rolled out. Later stages will include multichain expansion, institutional partnerships, and MUTM’s official exchange listing—all built to scale.

The platform will also introduce a fully overcollateralized stablecoin, designed to be minted and burned directly through smart contracts, backed by on-chain assets already in the system. Unlike fiat-backed alternatives, Mutuum’s stablecoin will be governed algorithmically and transparently, giving users a safer, decentralized borrowing option tied to real protocol activity.

Mutuum Finance will be a decentralized, non-custodial liquidity protocol designed for today’s evolving DeFi market. Unlike traditional projects, it will support both Peer-to-Contract (P2C) and Peer-to-Peer (P2P) lending models, creating room for a wide variety of users and assets, including less common ones. In the P2C model, users will deposit assets into smart contract-based pools and receive mtTokens—interest-bearing, tokenized receipts that represent their share in the pool. These mtTokens will provide users with real-time access to liquidity and composability across the DeFi space. For instance, depositing SOL will mint mtSOL in 1:1, which can later be traded, reused, or redeemed, offering much more flexibility than static deposit positions on older platforms.

Meanwhile, P2P lending will allow users to directly create loan agreements with customizable terms. This dual lending system is part of Mutuum’s concrete development roadmap. Platform development is already underway, with an AI-powered helpdesk implemented, smart contracts having passed their CertiK audit with a Skynet Score, and both the front-end and back-end infrastructure builds in motion. A legal and compliance team is under formation to ensure the protocol aligns with regulatory guidelines, another move that makes Mutuum stand out from earlier-generation crypto projects with no formal approach to compliance. All platform profits are planned to be used for MUTM token buybacks, which will then be redistributed to mtToken stakers. This model promotes both supply pressure and long-term holder value. For users looking to earn passively, mtToken users will be able to stake and receive a share of protocol revenue, making this ecosystem a real income generator once launched.

Community traction reflects this momentum. Mutuum Finance now has over 12,300 holders, more than 10,000 active followers, and it continues to raise capital steadily in its Phase 5 presale at $0.03 per token. With the listing price set at $0.06, investors buying at the current stage are looking at a 2x return even before the token hits the exchange—and that’s without accounting for platform usage or future price discovery once the protocol goes live. Above all, this is not a project waiting to find product-market fit—it’s one that’s actively building toward launch. As the DeFi ecosystem matures, projects like Mutuum Finance will not just compete—they will redefine what it means to be a valuable crypto asset in 2025.