Mutuum Finance (MUTM), a decentralized finance (DeFi) project currently in presale, has raised over $16 million, signaling strong investor interest as the platform nears its official launch. With more than 16,400 token holders participating, the project is advancing toward its next milestone: the debut of its lending and borrowing platform.

Presale Progress and Token Pricing
The MUTM token has completed five presale phases, with Phase 6 nearly 50% sold. Currently priced at $0.035, the token is scheduled to increase roughly 20% in the next phase, targeting a launch price of $0.06. The presale’s momentum reflects growing confidence in the protocol’s roadmap and platform utility.

DeFi Lending and Borrowing Platform
Mutuum Finance’s upcoming platform aims to facilitate decentralized lending and borrowing. Participants can supply digital assets to earn interest, while borrowers can unlock liquidity without selling their holdings by using crypto as collateral. Loan-to-value (LTV) ratios ensure balanced borrowing capacity and risk management.

Depositors receive transferable mtTokens on a 1:1 basis with the deposited asset—for example, 10,000 USDT generates 10,000 mtUSDT. Borrowers can secure loans while maintaining exposure to underlying assets; for instance, two ETH valued at $9,000 can provide $6,750 in liquidity while keeping ETH positions intact.

The protocol combines a peer-to-contract (P2C) model for mainstream tokens like ETH and USDT with a peer-to-peer (P2P) marketplace, allowing direct negotiation for alternative assets such as SHIB or DOGE. Additionally, staking of mtTokens enables participants to earn MUTM token dividends, with platform fees partially allocated to buying MUTM from the open market and distributing it to stakers.

Testnet Beta and Roadmap
Mutuum Finance is moving into beta testing on testnet, offering a controlled environment to interact with core platform functions including lending, borrowing, and staking. This phase will help refine the protocol ahead of the official launch, which aligns with the token debut to support potential listings on major exchanges.

With strong presale momentum, innovative DeFi functionality, and a clear roadmap, Mutuum Finance is positioning itself as a promising new entrant in the decentralized lending and borrowing sector.