Ethereum News Today: Mutuum Finance Raises $12.35 Million in Presale Phase 5

Mutuum Finance (MUTM), a decentralized lending platform, has emerged as a notable player in the cryptocurrency market, particularly in July. Despite the market's focus on Bitcoin ETF headlines and Solana's ecosystem upgrades, Mutuum Finance has been quietly gaining traction. The project is currently in the final stages of its Phase 5 presale, with over 74% of tokens sold and more than $12.35 million raised across 13,300+ wallets. The current entry price of $0.03 is set to increase to $0.035 as Phase 6 begins, making this a critical moment for early investors.

Mutuum Finance stands out from inflated altcoins with little on-chain activity by offering real utility, dual lending models, and passive income mechanics available at launch. The platform is designed to provide users with two distinct lending options: the P2C (Pool-to-Contract) model and the P2P (Peer-to-Peer) feature. The P2C model allows users to deposit assets like BTC, ETH, or LINK into decentralized smart contract pools and earn variable interest based on borrowing demand. This model is ideal for those seeking passive income without the hassle of managing repayment schedules or interacting with borrowers. For instance, depositing $10,000 in ETH into a pool projected to yield 5% annually could generate $500 in hands-free income over the year.

The P2P feature, on the other hand, enables custom lending agreements directly between individuals. Borrowers can post assets such as Dogecoin (DOGE), SHIB, or PEPE as collateral to borrow stablecoins like DAI or USDC. Lenders will define the loan-to-value ratio, repayment period, and interest rate, offering a level of control rarely seen in existing DeFi platforms. This opens up entirely new strategies for both retail investors and institutional players looking for high-yield, personalized loan structures.

Every time a user lends assets on Mutuum Finance, they’ll receive mtTokens—ERC-20 tokens that represent the deposited value and grow in worth as interest accrues. These tokens will be tradable, transferable, and stakable. Users who lock their mtTokens into Mutuum Finance’s designated contracts will be eligible to receive a portion of protocol revenue, paid out in the native MUTM token. This creates a dual-incentive structure that blends passive income with long-term holding rewards—a powerful feature not commonly found in traditional DeFi systems.

Mutuum Finance’s roadmap is comprehensive and multi-phased. A major portion of Phase 1 has already been completed, including the launch of the presale, marketing campaigns, the CertiK-audited smart contract, a $50,000 bug bounty program, and tracking platform listings. Phase 2 focuses on the development of Mutuum Finance’s core smart contracts, DApp front-end, backend infrastructure, and risk controls—supported by ongoing internal and external code reviews. Phase 3 will introduce the bug reporting system, a testnet beta version, finalization of platform components, and extensive third-party audits. Phase 4 is set to deliver the live beta launch of Mutuum Finance in tandem with the public token listing. Future stages of the roadmap will expand Mutuum Finance’s functionality with Layer-2 scaling enhancements, a decentralized overcollateralized stablecoin system, cross-chain deployment, and features like whale-tracking analytics—making the protocol smarter, faster, and more transparent over time.

Mutuum Finance has also scored a 95/100 in its CertiK audit and has a $50,000 USDT bug bounty program in place, signaling a strong commitment to transparency and smart contract security. The project’s unique tokenomics, yield mechanics, and evolving stablecoin system are designed to enhance liquidity across the ecosystem, making it a compelling investment opportunity. Veteran analysts have spotlighted Mutuum Finance as a top mid-cap pick for 2025, projecting a 12x surge by the end of next year, with the listing price of $0.06 potentially rising to $0.36 or beyond as adoption and treasury inflows grow.

In the short term, excitement is also building thanks to the $100,000 MUTM giveaway, where 10 winners will each receive $10,000 worth of tokens. Combine that with increasing buzz around the project’s beta launch and the fact that only 26% of tokens remain in Phase 5, and the urgency becomes clear. For those who missed early access to Ethereum (ETH) or Solana (SOL), this may be the most underrated gem of the month. Mutuum Finance has combined early-mover pricing, institutional-grade tech, and real DeFi utility into a package that’s still available for $0.03—but not for much longer.