Solana News Today: Mutuum Finance Presale Gains Momentum as TVL Surpasses Solana

Investor sentiment is shifting in the DeFi space as early-stage interest in Mutuum Finance (MUTM) grows, with speculation mounting that it could outpace Solana (SOL) in total value locked (TVL). Over 14,800 holders have already joined MUTM’s presale, with 7% of the total 170 million token supply sold so far. The token’s listing price is locked at $0.06, but a 15% increase is expected as the platform moves into Phase 7, offering a limited window for strategic entry [1].

Solana’s DeFi TVL had surged to $14 billion in recent weeks, driven by a 14.14% weekly price increase and strong ecosystem growth. Protocols like Jito, Jupiter Exchange, and Kamino Finance have played a central role, with Raydium’s 86% quarterly TVL growth highlighting the momentum in decentralized exchange (DEX) activity. However, a recent 2.23% daily decline in SOL’s price and a temporary drop in TVL to $8.5 billion underscore the sector’s volatility [1].

Mutuum Finance is distinguishing itself with a practical, real-world DeFi infrastructure. Investors who entered early in the MUTM presale, such as those who allocated $10,000 in ADA during Phase 1 when MUTM was priced at $0.01, have already seen significant returns. With MUTM trading at $0.035 in Phase 6, these early investors are now sitting on a $35,000 return. Analysts project the token could reach $1 post-launch, driven by its expanding DeFi integrations and multifaceted utility [1].

A key component of MUTM’s strategy is its dual lending model, which combines Peer-to-Contract (P2C) and Peer-to-Peer (P2P) mechanisms. This allows users to earn passive income by either depositing assets into smart contracts or engaging in custom lending agreements. For example, a $7,500 XRP deposit at a 70% Loan-to-Value (LTV) ratio would yield a 7.2% annual percentage yield (APY), translating to $540 in passive income per year [1].

Beyond lending, MUTM is developing a full-stack DeFi ecosystem, including a decentralized stablecoin designed to maintain a $1 peg through controlled minting and burning mechanisms. The stablecoin is minted only when a loan is initiated and burned upon repayment, ensuring precise supply control. The platform’s integration with a Layer-2 blockchain is expected to reduce gas fees and increase transaction throughput, enhancing usability and scalability [1].

Security is a core pillar of MUTM’s value proposition. The protocol has been manually reviewed and subjected to static analysis by CertiK, achieving a Token Scan Score of 95 and a Skynet security rating of 78. These results provide a level of confidence not often seen in emerging DeFi projects. Additionally, MUTM has launched a $50,000 bug bounty program and a $100,000 giveaway, rewarding ten users with $10,000 in MUTM each to further build community trust [1].

As the next presale phase approaches with a 15% price increase, MUTM is being viewed as a high-utility, security-audited alternative to DeFi projects driven largely by social media hype. With early gains already realized and a robust ecosystem in development, investors are increasingly considering MUTM as a potential long-term DeFi contender [1].

Source: [1] Invezz - [https://invezz.com/news/2025/08/04/investors-believe-that-mutm-could-outpace-solana-as-defi-tvl-soars/](https://invezz.com/news/2025/08/04/investors-believe-that-mutm-could-outpace-solana-as-defi-tvl-soars/)