Investors Drive Mutuum's $17.8 Million Growth Amid DeFi Lending Boom

Mutuum Finance (MUTM), a decentralized finance (DeFi) initiative based in Dubai, has raised significant community attention, with nearly 17,500 holders, as reported by a

. The token, now in Phase 6 at $0.035, has climbed 250% from its Phase 1 starting price of $0.01. According to a , the price will increase to $0.04 in Phase 7, reflecting robust investor interest.

Mutuum Finance’s decentralized lending and borrowing system, scheduled for Sepolia testnet release in Q4 2025, is designed to link on-chain transactions with token functionality. Participants can deposit crypto assets to earn interest through mtTokens—digital receipts that accumulate yield. Borrowers may use

or as collateral to access funds without liquidating their assets, and mtTokens can be staked for MUTM rewards, as noted in the GlobeNewswire announcement.

A share of platform fees will support a buy-and-redistribute approach, purchasing MUTM from the market and distributing it to stakers. This setup ties token demand to platform activity, which could enhance long-term value, according to a

. CertiK’s audit of the smart contracts, which received a 90/100 score, further strengthens trust in the project’s security, the GlobeNewswire announcement added.

After completing the first phase of its roadmap, Mutuum has moved into Phase 2, concentrating on building out the protocol and infrastructure. The initial V1 release will feature liquidity pools, debt tokens, and a liquidator bot for collateral management, as described in a

. Future objectives include integrating Layer-2 solutions to lower gas costs, expanding to multiple chains, and introducing a USD-pegged stablecoin to stabilize lending, according to a .

The project’s approach of launching both the token and platform together is intended to speed up exchange listings and adoption. With Phase 6 nearly 80% complete, the next price increase is imminent as the project gains traction ahead of its testnet launch, the GlobeNewswire update mentioned.

Mutuum’s expansion comes as the DeFi sector experiences renewed growth, with platforms like

and also advancing lending innovations. Aave’s latest collaboration with Maple Finance seeks to boost returns by incorporating institutional-grade collateral, according to a , while Binance Coin (BNB) and (SOL) are encountering increased competition from Ethereum-based protocols, as a notes.

Mutuum’s current progress and transparent roadmap make it a notable player in the DeFi lending arena. By prioritizing openness, security, and practical use, the project meets investor expectations for well-structured, high-potential crypto ventures, the BlockchainWire announcement concluded.

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