Mutuum Finance: A Closer Look at Its Rapid Growth and Upcoming Milestones
Close to $20 Million Funding Goal
Mutuum Finance, a decentralized finance (DeFi) protocol, is making waves in the crypto world. It's close to hitting a big funding goal: $20 million. This isn't just about the money, though. The project is also wrapping up key parts of its system and getting ready for a big test in the fourth quarter of 2025.
Token Sale Progress
Since early 2025, Mutuum Finance has been selling its MUTM token in phases. So far, it's raised about $19.30 million and has over 18,400 holders. The token started at $0.01 and is now at $0.035 in Phase 6, which is a 250% increase. This shows that the project is gaining traction and people are interested.
Token Distribution
Mutuum Finance has a total of 4 billion MUTM tokens. 45.5% of these are for the presale, and about 820 million have already been sold. This spread-out approach helps more people get involved early on. Plus, you can buy MUTM with a card, making it easy for newcomers to join.
Protocol Features
The protocol has two main parts:
- Pooled Lending: Users put their assets into shared pools and get mtTokens in return. These tokens grow in value as borrowers pay interest.
- Structured Borrowing: Users post collateral and follow set interest rates and Loan-to-Value rules. The system also has built-in risk management for when collateral values drop too low.
Security Measures
Mutuum Finance is also focusing on security. It's completed an audit with CertiK and has a $50,000 bug bounty program to find and fix any code vulnerabilities. Plus, it's planning to launch a stablecoin backed by system interest and expand to Layer-2 networks for faster and cheaper transactions.
Phase 6 and Beyond
Phase 6 is almost full, which means the token price will go up to the next level. This often draws more attention as the supply tightens. With all these developments, Mutuum Finance is in a strong position as it prepares for its next big step.
