Mutuum V1 is live on the Sepolia testnet, enabling user interaction with deposits that mint mtTokens, debt tokens for borrowers, an automated liquidator, and health factor monitoring ahead of mainnet.

Mutuum Finance (MUTM) is in Phase 7 of its presale, with an entry price of 0.04 USD after a 4x rally from 0.01 USD; the round has raised around 20.5 million USD from roughly 19,000 holders, signaling strong early interest.

The project has attracted more than 1,000 Ethereum investors, with a live v1 protocol on testnet and a presale surpassing 20 million USD raised alongside nearly 19,000 participants.

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An illustrative example shows 10 ETH deposited at a $2,000 price yielding $20,000 collateral value, enabling a borrowing limit of up to 70% for safe leverage under current controls.

Mutuum’s presale activity comes during a market pause, and the team confirms a launch price of 0.06 USD once public sale completes, with funds raised exceeding 20.5 million USD from 19,000+ holders.

Long-term, Mutuum aims to build a native overcollateralized stablecoin, expand across multiple blockchains, and enhance ecosystem liquidity and capital efficiency.

Overall crypto markets show consolidation for Bitcoin and Ethereum, with near-term upside tempered by macro conditions and risk sentiment.

Mutuum is positioned as a potential next big candidate during the stall in Bitcoin and Ethereum prices, offering practical utility and live testnet infrastructure.

The platform relies on a robust oracle setup, combining Chainlink price feeds with fallback decentralized feeds to ensure accurate collateral valuation and prevent unfair liquidations during volatility.

Mutuum differentiates itself with early-stage growth, dual lending models, a working testnet, and a roadmap that includes multichain expansion and native stablecoin development.

The protocol operates with overcollateralized lending using mtTokens, featuring Peer-to-Contract and Peer-to-Peer models, and a buy-and-distribute mechanism to support MUTM demand.