Mutuum Finance (MUTM) Nears 99% Allocation Amid 250% Price Surge
Mutuum Finance (MUTM), a decentralized lending protocol, has captured market attention with a 250% price rally from its $0.01 launch to $0.035, while approaching 99% token allocation. The project's $19.1 million market capitalization and 18,300-holder base reflect growing demand for its innovative dual-market liquidity model.
The protocol enables borrowers to mint yield-bearing mtTokens against collateral like ETH or USDT, with built-in LTV controls and liquidation mechanisms. Traders are speculating on MUTM's potential as an early 20x candidate in the coming cycle, though its unproven track record leaves room for volatility.