Catenaa, Wednesday, October 01, 2025- Mutuum Finance (MUTM), a decentralized lending and borrowing platform on Ethereum, raised $15.8 million with over 16,300 token holders as Phase 6 of its presale reached 40%.
The platform enables users to earn yield on idle crypto or borrow against holdings without losing custody. MUTM, an ERC-20 token with a 4 billion fixed supply, is sold in multi-phase tiers with discounted pricing.
Early participants in Phase 1 at $0.01 have seen roughly 250% gains. Phase 6 tokens are available at $0.035 ahead of the planned $0.06 listing.
The protocol operates dual markets for lending and borrowing.
The Peer-to-Contract (P2C) market pools assets for instant liquidity with dynamic rates, while Peer-to-Peer (P2P) allows fully customized loans with isolated vaults.
This design serves both casual lenders seeking simple yield and advanced users requiring precise control over collateral, rates, and durations.
Lenders deposit assets like USDC to receive interest-bearing mtTokens redeemable 1:1 for the original asset plus yield. Borrowers post over-collateralized funds, earning real-time liquidity without relinquishing ownership or personal information.
All transactions occur on-chain, ensuring transparency and security.
Mutuum Finance is advancing its roadmap, including public testnet trials, a Layer-2 expansion, and an over-collateralized USD-pegged stablecoin. A buy-and-distribute program will allocate protocol revenue to MUTM stakers, supporting long-term platform adoption.
