Crypto Lending Project Mutuum Finance Nears $20M Milestone

Mutuum Finance (MUTM), a decentralized finance (DeFi) lending protocol, is making waves in the crypto world. The project is on the brink of a significant milestone, with funding approaching $20 million. This surge in interest comes as the team wraps up Roadmap Phase 2, setting the stage for the project's first major product release. Mutuum Finance aims to provide a secure and transparent platform for users to lend and borrow assets. Built on Ethereum, the protocol leverages smart contracts to automate processes, ensuring stability and long-term sustainability. This approach has resonated with DeFi enthusiasts, who appreciate the project's clear development roadmap and tangible results. Since its launch in early 2025, Mutuum Finance has seen steady growth. The project has raised $18. 7 million and garnered 18, 000 holders, demonstrating consistent activity and rising demand. The presale, a crucial part of the project's early traction, began at $0. 01 in Phase 1 and has since increased to $0. 035 in the current Phase 6. This 250% increase has piqued the interest of many buyers. Phase 6 has seen rapid progress, with allocation exceeding 88%. This indicates strong demand as the project moves toward the next price level. Buyers are closely monitoring the remaining supply, as each stage has a fixed rate. Once Phase 6 sells out, the price will not return to current levels, adding a sense of urgency within the community. Mutuum Finance has a total supply of 4 billion MUTM tokens, with 45. 5% allocated for the presale. This distribution ensures broad early access while allowing the ecosystem to grow post-launch. To date, the presale has sold 800 million tokens, showing stable progress across all phases. With Phase 6 nearing completion, the project is entering a critical stage as it prepares for Roadmap Phase 3. Roadmap Phase 2 has focused on developing and refining the core systems of the lending protocol. The team has been working on liquidity pool mechanics, mtToken logic, interest rate models, debt tracking, and liquidation functions. These components form the foundation of the upcoming V1 release. Phase 2 has also included internal testing, risk checks, and preparation for the first public version, emphasizing stability and clear design. The first version of the protocol is set to launch in Q4 2025 on the Sepolia testnet. This version will include the liquidity pool, mtTokens, debt tokens, and the liquidator bot. Having a confirmed release window has boosted community confidence, as it demonstrates the project's commitment to its timeline. Security is a top priority for Mutuum Finance. The project has completed a CertiK review and achieved a 90 out of 100 Token Scan score. Additionally, the team runs a $50, 000 bug bounty to encourage early discovery of code issues. These measures have helped build trust within the community as the project advances. With Phase 6 over 88% allocated, funding at $18. 7 million, a growing user base, and V1 confirmed for Q4 2025, Mutuum Finance is entering one of its strongest periods yet. As the DeFi sector continues to evolve, Mutuum Finance is positioning itself as a promising new crypto project with clear progress and a committed community.