New Crypto Mutuum Finance (MUTM) Surpasses $20.9M Raised as V1 Protocol Adoption Accelerates

Mutuum Finance (MUTM), a new Ethereum-based DeFi crypto protocol, continues to expand its presence as both participation and development progress in parallel. As the broader crypto market stabilizes, attention is increasingly shifting toward emerging projects that are actively building functional systems rather than remaining at the concept stage.

With more than $20.9 million raised and a growing user base, Mutuum Finance is entering a phase where its infrastructure rollout and user interaction are developing at the same time. This combination is shaping how the protocol is being observed within the DeFi sector in 2026.

Presale Growth and Participation Metrics

Mutuum Finance is currently in Phase 7 of its presale, with the token priced at $0.04. Since its initial phase at $0.01, the project has followed a structured pricing model, reflecting a 300% increase as each stage has progressed. The official launch price is set at $0.06, marking the final step of the current presale cycle.

The protocol has attracted more than 19,100 participants, with steady growth in user involvement as the presale advances. Out of the total 4 billion token supply, 45.5% has been allocated to the presale, which equals 1.82 billion tokens.

Approximately 855 million tokens have already been distributed, indicating consistent participation as allocation continues to move forward.

The platform also features a 24 hour leaderboard that tracks activity across participants. Every 24 hours, the top depositor receives $500 in MUTM, providing a transparent view of engagement and highlighting larger contributions over short periods. Card payment support further expands accessibility, allowing a broader range of users to participate.

Protocol Design and Lending Structure

Mutuum Finance is focused on building a lending system that combines structured liquidity with flexible interaction models. Instead of relying on a single approach, the protocol separates its system into different environments to support varying types of assets and borrowing strategies.

In its pooled structure, users can supply assets such as USDT, ETH, WBTC, and LINK into shared liquidity pools. These pools are designed for assets with consistent borrowing demand, where interest generated from borrowers is distributed back to suppliers. When users deposit funds, they receive mtTokens that represent their position and gradually increase in value over time.

For example, supplying 4,200 USDT into a pool would return 4,200 mtUSDT. As borrowing activity increases, the value of mtUSDT grows, reflecting accumulated interest. This allows users to earn yield passively while maintaining their position within the protocol.

Alongside pooled liquidity, the protocol is preparing a more flexible layer where lending terms can be structured directly between participants. In this model, users can define parameters such as collateral type, duration, and borrowing limits. A borrower could deposit $20,000 worth of ETH and access up to $15,000 in USDT based on a 75% Loan-to-Value ratio, allowing them to unlock liquidity without selling their assets.

V1 Protocol and Testnet Activity

A major milestone for Mutuum Finance is the activation of its V1 protocol, which has been deployed on the Sepolia testnet and announced by the official team on X. This version allows users to move beyond theoretical features and interact directly with the system in a live environment.

Within V1, users can supply assets into liquidity pools, open borrowing positions, and observe how interest accrues across both sides of the system. Deposits are represented by mtTokens that increase in value over time, while borrowing positions are tracked using debt tokens.

For example, borrowing 3,100 USDT would generate 3,100 USDT debt tokens, with the repayment amount gradually increasing as interest accrues. Loan-to-Value parameters define borrowing limits, ensuring that users remain within predefined thresholds.

The protocol also includes an automated liquidation bot, which monitors collateral levels using oracle price feeds. If a position approaches its liquidation threshold, the system can partially or fully close it to maintain stability and protect liquidity providers.

This testnet phase allows more than 19,000 participants, along with new users, to explore how deposits, borrowing, repayment, and liquidation interact in real time. It represents a shift from development to active usage, where system behavior can be observed under live conditions.

Adoption Trends and Market Positioning

Mutuum Finance is currently positioned at a stage where development, participation, and product rollout are progressing simultaneously. With Phase 7 underway, over $20.9 million raised, and more than 19,100 participants, the protocol reflects steady growth alongside its technical advancement.

The activation of the V1 protocol on the Sepolia testnet introduces a functional environment where users can interact with liquidity pools, mtTokens, debt tokens, and risk management systems. Combined with visible participation through features such as the 24 hour leaderboard, the project is continuing to build engagement within the DeFi crypto segment.

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.

Contact Information
J. Weir
Contact@mutuum.com

This release was published on openPR.