Mutuum Finance (MUTM), a DeFi crypto project that aims to reshape how crypto lending and borrowing work, is providing a non-custodial system that is powered by smart contracts. Mutuum Finance is currently in Phase 6 of its presale, where each MUTM token is “priced at $0.035.”
The next phase will raise the price “to $0.04, and the launch price is $0.06, a 500% token appreciation for phase 1 participants.” Out of the 4 billion total tokens, “45.5% (1.82 billion) are reserved for the presale.”
This structured allocation has helped create a fundraising model that appeals to retail and institutional buyers. According to an update shared with CI, the project has raised over $18.2 million, with more than 17,600 investors participating.
Mutuum Finance further noted that it has focused on steady progress. At its foundation, they are offering what is described as a decentralized lending and borrowing protocol. The platform enables users to lend or borrow crypto assets without intermediaries, “relying on smart contracts for automation.”
The system operates via a model designed to serve various user needs. In the Peer-to-Contract (P2C) model, users deposit tokens into a shared liquidity pool and receive mtTokens.
These mtTokens earn yield as borrowers repay interest. For example, a user depositing 1 ETH might “receive 1 mtETH, which grows in value over time as lending activity increases.”
The second model is P2P, which allows users “to create direct lending agreements for less common assets.” It gives parties control over loan terms while “maintaining on-chain transparency and security.”
Every asset supported on Mutuum Finance is “managed with preset Loan-to-Value (LTV) ratios, liquidation thresholds, and borrow caps to maintain protocol health.” ETH and USDT can reach up “to 75% LTV, while more volatile tokens have lower ratios to reduce risk.”
If a user’s collateral drops “too far in value, the system automatically triggers a liquidation event, protecting lenders and preserving liquidity.”
These liquidations are handled through Mutuum’s “upcoming Liquidator Bot, a built-in automation feature that ensures quick responses to market changes.”
The platform plans to rely on decentralized oracle networks such as Chainlink to track real-time asset prices.
This integration helps ensure accurate pricing and “protects users from manipulation or delayed updates.”
The project underwent a CertiK audit, earning a “90/100 Token Score.”
This audit helps confirm the “quality and safety of the project’s code — a major reassurance for investors.”
Additionally, the team introduced a bug bounty program, incentivizing security researchers for “responsibly identifying and reporting code vulnerabilities.”
The presale is structured so that each stage has “a fixed price and token allocation, meaning that as demand increases, the remaining supply sells out faster and the next stage opens at a higher price.”
This clear system encourages early participation “without artificial inflation.”
The V1 protocol is scheduled to go live on the Sepolia Testnet in Q4 2025.
This version will introduce the project’s key components, “including the Liquidity Pool, mtTokens, Debt Tokens, and the automated Liquidator Bot. Initially, it will support ETH and USDT for lending, borrowing, and collateral.”
After testing, Mutuum Finance plans to expand “to more assets and explore multi-chain deployment.”