DUBAI, United Arab Emirates, December 9, 2025 (GLOBE NEWSWIRE) — Mutuum Finance (MUTM)an Ethereum-based lending project in the DeFi crypto sector, has released a new update on its progress as it continues to advance through Phase 2 of its roadmap. With funding now exceeding $19.2 million and the number of communities growing at a steady rate, the project is entering one of the most active periods in its development calendar. The update highlights functional improvements, user growth, and token supply tightening as the protocol prepares for its next stage.
Phase 2 development objective and milestones
Mutuum Finance is building a decentralized lending protocol centered on two connected lending marketplaces. The system is designed to support borrowing and lending with structured interest rules, predictable collateral behavior and transparent mechanisms.
During Phase 2, the team focused on perfecting the core components of the protocol. Contractual behavior has been adjusted to ensure predictable interest movement and lender protection. Internal testing continues on borrowing operations, liquidation controls, collateral behavior and repayment flows. Interface changes have also been made to prepare for public testing.
The team noted that the goal of Phase 2 is to prepare the system for the Q4 testnet by stabilizing the codebase and adjusting risk parameters. According to the last updateDevelopment is progressing as planned as each module is tested to ensure compatibility with current lending conditions.
Growth in pre-sales and increased user engagement
Mutuum Finance launched its token sale in early 2025 with a starting price of $0.01. Since then, interest has increased at a steady rate. The token is now trading at $0.035, reflecting a 250% rise during development. This first movement demonstrates growing attention from users who follow the progress of the project.
Funding now exceeds $19.2 million, marking a new milestone for the project. The number of holders has also increased, with over 19,000 users participating in the ecosystem. Mutuum Finance reports that this expansion is consistent with the growing visibility around its roadmap and the upcoming V1 release.
Over 810 million tokens were purchased in the process. This amount represents a large part of the tokens allocated to the first supporters. The project notes that participation has been strong across different regions, with commercial activity increasing as allocation approaches later stages.
Token Supply Structure and Remaining Allocation
The MUTM token supply totals 4 billion tokens. Of this supply, 1.82 billion tokens, or 45.5%, were intended for presale. This distribution ensures that a significant percentage of the token supply is placed in the hands of the community before the protocol launches.
Phase 6 of the pre-sale is now nearing completion. The allocation has soared above 97%, leaving only a small number of tokens available at the current price of $0.035. This has led to a faster pace during the final stretch, as users move into secure positions before the next price level activates.
The official listing price of MUTM is set at $0.06, which has contributed to an increase in buying activity. The difference between the current rate and the registration rate has created what many observers describe as one of the most active participation periods in the project’s history.
The project’s 24-hour filing continues to support community engagement. Every day, the top token buyer receives $500 in MUTM, helping to maintain high activity levels. Mutuum Finance also supports card payments, providing new users with a simple entry method and increasing presale accessibility.
Structure of the lending system and mechanisms of mtToken
Mutuum Finance aims to offer a lending system based on predictable mechanisms rather than speculation. Users can lend ETH or USDT to the protocol and receive mtTokens in return. These mtTokens increase in value when borrowers repay the interest. The team explains that this model links actual activity to yield, helping lenders track protocol performance.
Borrowing activity follows rules that adjust for liquidity. When the system has more assets available for lending, borrowing remains more affordable. When liquidity tightens, borrowing becomes more expensive. Loan-to-value limits help guide borrowing behavior by setting collateral requirements. If these conditions are not met, liquidation may take place. The liquidators repay part of the borrower’s debt and acquire the expected collateral. The team states that this process is designed to help protect both the protocol and its users as borrowing volume increases.
Security advancements with Halborn and CertiK
Security remains a major element of Mutuum Finance’s roadmap. The project completed a CertiK audit, obtaining a Token Scan score of 90/100. The audit examined the symbolic contract, risk points and behavior under different conditions.
Halborn Security is in the process of reviewing all loan contracts. This review includes borrowing flow, repayment logic, collateral controls and liquidation triggers. Mutuum Finance is also offering a $50,000 bug bounty, inviting developers to report potential vulnerabilities as the project moves toward testnet launch. These steps are intended to ensure that the protocol is ready for real-world use once the lending system goes live.
With the award of Phase 6 almost complete and development continuing on schedule, Mutuum Finance is entering a decisive stage. The combination of strong presale participation, ongoing security review, and steady progress in the roadmap has helped the project gain visibility in the upcoming crypto world.
As the Q4 V1 testnet approaches, additional updates are expected. Mutuum Finance plans to release more information about its user interface, analytical tools and network integrations as the system prepares to move into public altcoin testing.
For more information on Mutuum Finance (MUTM), visit the links below:
Website: https://www.mutuum.com
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