DeFi Project Mutuum Finance (MUTM) Gains Traction with $15.6M Presale Raise
Investors are shifting focus to early-stage DeFi protocols as large-cap cryptocurrencies face crowded market conditions. Mutuum Finance (MUTM), currently in Phase 6 of its presale, has attracted $15.6 million from over 16,200 holders, selling 36% of its 170 million token allocation at $0.035 per token.
The project's dual-lending model—combining Peer-to-Contract security with Peer-to-Peer flexibility—positions it as a potential disruptor in decentralized finance. With Phase 7 poised to increase token prices by 15%, market participants view this as one of the final discounted entry points before launch.