DUBAI, United Arab Emirates — Mutuum Finance (MUTM) said total funds raised have surpassed $18 million as it advances toward its V1 protocol launch on the Sepolia Testnet in Q4 2025. The project is progressing through Phase 2 of its roadmap, focused on technical development, risk management tools, and smart contract infrastructure. Since launch in early 2025, the presale has used a fixed-price, fixed-allocation model that moves up in stages after each sellout. Phase 6 is more than 85% allocated; from a 4 billion MUTM token supply, 45.5% is reserved for presale, with over 790 million tokens sold and more than 17,750 holders onboarded to date. Mutuum Finance is building a decentralized lending and borrowing protocol designed for transparency and long‑term sustainability. Depositors receive interest‑bearing mtTokens that accrue yield as borrowers utilize liquidity from the pool, while a buy‑and‑distribute model uses a portion of platform fees to purchase MUTM on the open market for redistribution to stakers. The upcoming V1 testnet will introduce liquidity pools, mtTokens for depositors, debt tokens for borrowers, and a liquidator bot to help maintain system stability. Initial supported assets will be ETH and USDT, with price oracles expected to ensure accurate real‑time valuations. The team describes 2025 as a milestone year, citing steady roadmap execution, growing community participation, and a near $20 million presale total ahead of the public test launch.
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