Mutuum Finance Raises $10.8 Million in Phase 5 Presale

In May, Toncoin (TON) experienced a significant surge in momentum, largely driven by its association with Telegram. This affiliation sparked considerable interest and curiosity among users, leading to a notable increase in its price. However, the sustainability of this growth remains a question, as it may be more a reflection of temporary enthusiasm rather than real utility.

In contrast, Mutuum Finance (MUTM) has been attracting investors by focusing on core DeFi innovations. Over 12,250 users have already joined during its presale phase, with nearly $10.8 million raised in Phase 5 at a token price of $0.03. Mutuum Finance is actively building a decentralized ecosystem centered around tangible financial tools, including lending, stablecoins, and automated income generation.

The project introduces two distinct lending mechanisms: Peer-to-Contract (P2C) and Peer-to-Peer (P2P). In the P2C model, users deposit crypto assets like USDC, ETH, BTC, or AVAX into shared liquidity pools. These deposits are then borrowed against by other users who must provide overcollateralized assets. As borrowing increases, the interest rate dynamically rises, rewarding depositors. The P2P model allows users to negotiate direct loan terms, even with non-traditional tokens like Dogecoin (DOGE), Shiba Inu (SHIB), or Pepe (PEPE).

Each deposit into Mutuum’s system is tokenized into mtTokens, which automatically accrue interest and reflect a user’s share of the pool. These mtTokens can be staked to earn passive dividends funded by protocol revenue. For those contributing long-term liquidity, Mutuum will initiate token buybacks and distribute MUTM tokens directly to stakers who stake mtTokens in designated contracts, creating a self-sustaining income stream.

Mutuum Finance is being developed with full Layer-2 integration to support speed and scalability. This design reduces transaction costs and increases transaction speeds, an essential improvement over existing high-fee DeFi solutions. With Layer-2 functionality, users can interact with lending pools and stake mtTokens without the friction of congested Layer-1 networks. The protocol is also preparing to introduce a decentralized, fully overcollateralized stablecoin to enable safer and more transparent borrowing. This stablecoin will be minted directly against on-chain collateral such as ETH and burned automatically upon loan repayment or liquidation. Each unit of the stablecoin will be backed by assets exceeding its value, helping to support a stable peg to $1 while maintaining solvency across the protocol.

Mutuum Finance has already initiated a comprehensive smart contract audit by CertiK, receiving a Token Scan Score of 80.00 after both static analysis and manual review. The audit request was made in February 2025 and revised in May, reinforcing the team’s commitment to transparency and regulatory-grade infrastructure. This trust factor continues to attract new investors, particularly in a DeFi environment still recovering from years of exploit concerns. As part of its roadmap, Mutuum Finance is preparing to launch its beta platform by the time the token goes live. This beta will showcase the lending systems, user interface, and revenue mechanisms. Combined with the $100,000 giveaway for early participants, the project is actively building both community and functionality, prioritizing long-term engagement over short-term promotion.

Mutuum Finance is not just riding waves—it’s building the rails. For those joining at $0.03, the upside speaks for itself. The project’s focus on utility, transparency, and scalability positions it as a sustainable player in the fast-paced crypto space.