A New Crypto Project Approaches $21M Raised as V1 Protocol Adoption Boosts

Momentum often builds quietly before it becomes obvious to the wider market. Mutuum Finance (MUTM) is currently moving through that early acceleration phase. With more than $20.52 million already raised and nearly 18,980 holders to date, the project is steadily approaching the $21M milestone.

At the same time, the launch of its V1 protocol on the Sepolia testnet is strengthening real user engagement, giving this emerging platform a practical foundation rather than just presale hype.

Presale Growth and Investor Momentum

Currently valued at $0.04, the MUTM token is advancing through Phase 7 of its presale. Since its initial launch price of $0.01, the token has already delivered a 300% increase. It means that if someone has invested $3,000 that time, the investment is valued now around $12,000, a whopping 4x gain with just smart decision making.

This rise has not been random. It is built into a staggered pricing structure that increases the token price by nearly 20% with each new presale phase. The total token supply is capped at 4 billion, and only 45.5% of that supply - 1.82 billion tokens - is allocated to presale.

This controlled distribution supports long-term appreciation by preventing uncontrolled token inflation. The combination of controlled supply, phased pricing, and rising participation explains why many see MUTM as a strategic crypto investment opportunity rather than a short-term speculation.

But funding progress alone is not enough to sustain long-term confidence. What makes Mutuum Finance (MUTM) particularly compelling is that real protocol functionality is already live in testing.

V1 Testnet Launch Strengthens Adoption and Utility

Mutuum Finance (MUTM) is a decentralized, non-custodial liquidity protocol designed to allow users to act as lenders, borrowers, or liquidators. Unlike centralized platforms, users maintain control of their assets while interacting directly with smart contracts.

The recent V1 launch on Ethereum (ETH)'s Sepolia testnet represents an important milestone. Sepolia is a sandbox environment where real smart contracts can be tested safely before mainnet deployment. Users can now interact with Mutuum's actual code in a live setting without risking real funds.

Core features currently active on testnet include:

Liquidity pools supporting ETH, USDT, WBTC, and LINK testnet tokens
mtTokens, which represent a lender's share in the pool and increase in value as interest accrues
Debt tokens that track borrower obligations transparently on-chain
A liquidator bot designed to maintain solvency and manage risk

This early hands-on access lowers the barrier for new participants. Instead of waiting for a future release, users can explore how the protocol works today. This practical exposure builds familiarity and trust, which in turn supports organic adoption.

More users interacting with lending and borrowing features will generate more activity within the system. As adoption increases, protocol usage expands, strengthening the foundation that supports MUTM's long-term demand.

Mutuum Finance (MUTM): Dual Lending Models Explained

Upon full launch, the platform will operate through two distinct lending models: Peer-to-Contract (P2C) and Peer-to-Peer (P2P). The P2C model connects lenders and borrowers through a shared liquidity pool. Lenders deposit crypto assets into pooled smart contracts and earn interest from borrowers who take overcollateralized loans.

Instead of matching individual lenders with individual borrowers, the system relies on collective liquidity. Interest rates adjust dynamically depending on utilization, helping maintain balance and efficiency within the ecosystem.

The P2P model, which will be introduced after mainnet launch, will allow users to directly negotiate lending terms for more speculative assets such as Dogecoin (DOGE). These higher-risk tokens will be isolated within a separate marketplace to preserve overall protocol security.

By separating volatile assets from the core liquidity pools, Mutuum Finance (MUTM) creates flexibility without compromising stability. This dual-lending architecture expands the platform's reach while maintaining risk control.

Ultimate Security Standard

Security has also been addressed proactively. Mutuum Finance (MUTM) underwent a formal audit conducted by Halborn, confirming that all of the reported findings were remediated. This completed audit adds another layer of credibility, reinforcing confidence in the protocol's smart contract integrity as it moves closer to full deployment.

When combined, these elements create a different type of narrative. Mutuum Finance (MUTM) is not simply raising funds during presale. It is simultaneously building infrastructure, testing live smart contracts, refining security, and expanding its user base.

As adoption of the V1 protocol continues to expand and the funding milestone draws closer, momentum appears to be building on multiple fronts. For early participants, this phase may represent the most strategic positioning before the next stage of development begins.

For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://www.mutuum.com
Linktree: https://linktr.ee/mutuumfinance

About Mutuum Finance

Mutuum Finance (MUTM) is an Ethereum-based, non-custodial decentralized finance (DeFi) protocol designed for lending and borrowing digital assets without intermediaries.

J. Weir
Contact@mutuum.com

This release was published on openPR.