Ethereum News Today: Mutuum Finance Builds DeFi Fortress, Nears $19M Presale as Launch Looms

Mutuum Finance (MUTM), a decentralized finance (DeFi) protocol built on the Ethereum blockchain, is rapidly approaching $19 million in presale funding as it prepares for its V1 protocol launch on the Sepolia Testnet in Q4 2025. With Phase 6 of its token sale nearing completion and over 17,500 holders, the project has emerged as one of the most closely watched DeFi initiatives this year, drawing attention for its structured development, transparent funding model, and institutional-grade security measures, according to a Globe Newswire report.

The presale, which began with a token price of $0.01 in Phase 1, has seen consistent demand, with the current Phase 6 priced at $0.035. Over 75% of Phase 6's allocation is already sold, and once it completes, the price will rise to $0.04-a 20% increase-before reaching the confirmed launch price of $0.06, according to a Bitcoin.com post. Early investors who participated in Phase 1 have already seen nearly 300% growth in token value, while the project has raised over $18.1 million to date, according to CryptoDaily. This momentum has been fueled by a fixed-price, fixed-allocation model that prioritizes fairness, with each phase selling out faster than the last, as reported in a Bitcoin.com update.

At its core, Mutuum Finance aims to streamline crypto lending and borrowing through two complementary models: Peer-to-Contract (P2C) liquidity pools and Peer-to-Peer (P2P) isolated markets. The P2C model allows users to deposit assets like ETH or USDT into shared pools, earning interest via mtTokens-interest-bearing tokens that accrue value as loans are repaid. The P2P model, meanwhile, enables direct lending agreements between users, offering flexibility for niche assets or custom terms, according to a Globe Newswire article. Borrowers can access over-collateralized loans through smart contracts, while a Liquidator Bot automates the liquidation of undercollateralized positions, ensuring protocol stability.

Security has been a cornerstone of Mutuum Finance's strategy. The project recently completed an audit by CertiK, earning a 90/100 Token Scan score, according to Bitcoin.com. Additional safeguards include a $50,000 bug bounty program and integration with oracle networks like Chainlink to ensure accurate asset pricing and liquidation thresholds, as noted by CryptoDaily. These measures have bolstered investor confidence, particularly as the protocol transitions from development to a live testnet environment.

Community engagement has also played a key role in Mutuum Finance's growth. A 24-hour leaderboard rewards the top daily presale contributor with $500 worth of MUTM tokens, while a $100,000 giveaway offers ten winners $10,000 in tokens each, according to a Globe Newswire release. These initiatives, combined with a public dashboard tracking real-time presale progress, have fostered a transparent and active investor base, according to Bitcoin.com. Whale participation has further accelerated momentum, with multiple six-figure purchases reported in recent weeks, according to CryptoDaily.

Looking ahead, Mutuum Finance plans to introduce a USD-pegged stablecoin and explore Layer-2 integrations to reduce transaction costs and enhance scalability, according to Bitcoin.com. The stablecoin will be minted and burned through the lending protocol, generating continuous revenue for the treasury. Analysts have highlighted the project's potential for 15–20x returns within 12–18 months, drawing parallels to early-stage DeFi protocols like Aave, according to CryptoDaily.

The V1 launch on Sepolia Testnet marks a critical milestone, transitioning Mutuum Finance from a presale project to a functional protocol. Initial support for ETH and USDT will allow the team to test performance parameters before expanding to other assets, as noted in a Bitcoin.com update. If successful, the project could attract broader institutional interest and secure exchange listings, further amplifying its growth trajectory, according to the Globe Newswire report.