Mutuum Finance has reached a major milestone in its ongoing token presale, surpassing $19.2 million as demand accelerates and its current funding phase approaches full allocation.
The project is entering one of its busiest stages yet, with development updates continuing to roll out as Phase 6 fills rapidly.
The presale, which began at just $0.01 in Phase 1, has progressed through several structured price increases to reach $0.035 in the current phase. This marks a 250% rise from the earliest stage, reflecting climbing interest from a global investor base.
Phase 6 is now more than 95% filled, placing the sale on the verge of automatically advancing to Phase 7.
Once triggered, the price will climb an additional 20% to $0.04, further tightening the window for buyers at the current rate.
Token Allocation Narrows as Participation Rises
From the full 4 billion MUTM token supply, 1.82 billion were designated for presale distribution.
More than 800 million tokens have already been sold, underscoring the heavy demand driving the sale forward.
The project also reports over 18,400 holders to date, signaling consistent participation throughout 2025.
As available supply at the current price shrinks, attention has intensified on the final stretch of the phase, especially as new development updates highlight the steady expansion of the protocol.
How the Mutuum Finance Protocol Operates
Mutuum Finance is building a decentralized lending system using two interconnected models designed to meet different user needs and asset categories.
The first system, Peer-to-Contract (P2C), gives users access to simplified, traditional DeFi lending.
Users deposit assets such as ETH or USDT into shared liquidity pools, receiving mtTokens in return.
These mtTokens serve as interest-bearing receipts, increasing in redeemable value over time as borrowers repay loans with interest.
For example, a user who deposits 20 ETH receives 20 mtETH, which gradually becomes redeemable for more than the original amount, generating passive yield.
The second lending approach, Peer-to-Peer (P2P), allows users to create isolated lending agreements for assets that don’t fit well into pooled liquidity structures.
This is especially useful for tokens such as SHIB, DOGE or highly volatile assets that require tailored terms.
A trader might borrow SHIB directly through a P2P agreement to open a short position without affecting wider lending pools.
This gives lenders more control while helping borrowers target specific trading strategies.
Together, the P2C and P2P models support a broad range of digital assets while reducing system-wide risk exposure.
Using Borrowing to Access Liquidity
One of the main use cases of Mutuum Finance is enabling users to unlock liquidity without selling their holdings.
A user with $5,000 of ETH may choose to deposit it into the protocol to receive mtTokens, which accumulate yield.
The user can then borrow USDT against the ETH collateral, using those funds for trading or spending while maintaining exposure to potential ETH gains.
If ETH rises in value, the user benefits from the increased asset price and still recovers the full original ETH amount after repaying the loan.
This mirrors a long-established strategy in DeFi lending and is being refined through Mutuum Finance’s expanded asset support and updated logic.
Development Progress as Phase 2 Continues
Following the completion of Phase 1, the project is now advancing through Phase 2 of its roadmap.
Current work includes refining lending and borrowing smart contracts, improving liquidation mechanics, expanding oracle integrations, and updating both the front-end and back-end platform components.
The analytics framework is also being prepared ahead of wider testing.
These efforts serve as the foundation for the V1 testnet planned for Q4 2025, which will offer the first public preview of the protocol’s lending features.
The team has additionally confirmed that Halborn Security is conducting a review of the core lending and borrowing contracts as part of a multi-layer audit.
A finalized testnet launch window will be announced after the audit enters its later stages.
Momentum Builds as Presale Approaches Next Stage
Growing financial traction combined with continued technical progress has intensified interest in the project as Phase 6 nears completion.
With more than 95% of available tokens in this phase already allocated, the remaining supply at $0.035 is becoming increasingly scarce.
The upcoming 20% price jump is prompting investors to monitor the closing period closely.
As the V1 launch draws nearer, Mutuum Finance is establishing itself as one of the more notable early-stage DeFi projects transitioning from concept to operational protocol.
This is a sponsored press release.
