Mutuum Finance: A Closer Look at Its Rapid Rise

Mutuum Finance (MUTM) is making waves in the crypto world, with its funding reaching $19. 4 million and Phase 6 of its token distribution almost fully allocated. This Ethereum-based DeFi project is gaining traction as it prepares for its V1 launch. The interest in MUTM is growing, and with each phase, the token's price has been increasing, reflecting strong demand. The token presale began in early 2025, and since then, the price has risen from $0. 01 to $0. 035 in Phase 6. This marks a 250% increase from the initial price. Phase 6 is now over 99% allocated, with more than 820 million MUTM tokens sold. The next phase is expected to bring a nearly 20% price increase. The official launch price is set at $0. 06, and participants from Phase 1 could see up to 500% growth if that price is reached. Mutuum Finance has attracted a wide range of participants, with over 18, 600 holders. The total supply of MUTM is fixed at 4 billion tokens, with 45. 5% allocated for the presale. More than half of that allocation has already been distributed, and as Phase 6 closes, the remaining supply is becoming increasingly limited. Mutuum Finance is building a decentralized lending and borrowing protocol on Ethereum. The platform allows users to supply assets and earn yield while enabling borrowers to access liquidity using collateral instead of selling their holdings. Users receive mtTokens when they supply assets, which increase in value as interest accrues. Borrowers pay interest based on utilization rates, which adjust depending on supply and demand within the protocol.The protocol's revenue flow is designed to redistribute MUTM purchased on the open market to users who stake mtTokens in the safety module. This structure links platform activity directly to token demand and rewards, aligning usage with long-term participation. According to official updates, Mutuum Finance plans to launch its V1 protocol on the Sepolia testnet in Q4 2025. The upcoming release includes core components such as liquidity pools, mtTokens, debt tokens, and an automated liquidator bot. ETH and USDT are planned as the first supported assets for lending, borrowing, and collateral. The protocol is still under development, and V1 will represent a beta phase rather than a full mainnet launch. Security has been a visible focus throughout Mutuum Finance’s development. The MUTM token holds a 90/100 score on the CertiK token scan, offering an external assessment of contract design and structure. In addition, Halborn Security is conducting an independent audit of the finalized lending and borrowing contracts. A $50k bug bounty focused on code vulnerabilities is also active, encouraging external researchers to test the system before broader deployment. Mutuum Finance has emphasized ongoing engagement, running a 24-hour leaderboard that rewards the top daily contributor with $500 in MUTM. Payment access has also expanded, with card payments available for participants. These signals often appear when a project moves from early discovery toward broader visibility. With Phase 6 nearing full allocation, attention is shifting toward what comes next. The upcoming phase will introduce a higher price, and the V1 testnet launch remains scheduled for later in the year. Together, these factors place Mutuum Finance in a narrow window between early development and active testing.