Mutuum Finance (MUTM) Gains Traction in DeFi Space with USDT-Backed Presale Momentum
Mutuum Finance (MUTM) is emerging as a standout contender in the decentralized finance (DeFi) sector, drawing comparisons to Ethereum's historic 2021 rally. Currently in Phase 5 of its presale, MUTM tokens are priced at $0.03 and have already raised an impressive $11.7 million, attracting over 12,700 holders. The project's innovative Peer-to-Contract (P2C) lending model sets it apart, offering a decentralized alternative to traditional lending systems. With the next phase expected to drive prices higher, MUTM's presale momentum mirrors Ethereum's bullish trajectory, positioning it as a promising investment opportunity in the evolving DeFi landscape. As of July 2025, the project continues to gain traction, fueled by its unique value proposition and growing community support.
Mutuum Finance (MUTM) Emerges as a Promising DeFi Contender with $0.03 Presale Token
Ethereum's 2021 rally, which saw its price double from $700 to $1,400, is drawing parallels to the current presale momentum of Mutuum Finance (MUTM). Priced at $0.03 in Phase 5, MUTM has already raised $11.7 million and attracted over 12,700 holders, with the next phase expected to push prices higher.
The project distinguishes itself through a Peer-to-Contract (P2C) lending model, offering decentralized lending and borrowing infrastructure. Depositors can lock assets like ETH or USDT into audited smart contracts, receiving yield-bearing mtTokens in return. Unlike speculative plays, MUTM emphasizes real yield generation embedded in its protocol design.
WazirX Hack Controversy Deepens as Users Challenge Official Narrative
Nearly a year after ₹2,000 crore vanished from WazirX, the exchange's credibility lies in tatters. Users categorized as 'Category A'—holding BTC, XRP, TRX, BNB, and USDT (TRC-20)—find their unhacked assets frozen under Singapore's IRDA restructuring process. Retail investor Romy Johnson's 40-page affidavit to Singapore’s High Court argues these holdings constitute property, not debts.
The silence from WazirX contrasts sharply with grassroots investigators like Twitter's Toofaan Army, who continue unearthing critical documents. This case has become a litmus test for custodial accountability in India's battered crypto ecosystem.
Trump-Backed USD1 Stablecoin Launches on Tron Network with Initial Trading Pairs
Trading for USD1, a new stablecoin on the TRON network, has officially commenced with the first pairs now live on Sun.io, a decentralized exchange within the Tron ecosystem. The initial offerings include USDT/USD1, TRX/USD1, and NFT/USD1, enabling direct swaps between Tether, Tron's native token, and the newly minted stablecoin.
Justin Sun, Tron's founder, announced the launch via social media, emphasizing the platform's push to expand its DeFi footprint. HTX, formerly Huobi, has already integrated USD1 deposits on the tron network, marking the first exchange to support the asset. World Liberty Financial, the entity behind USD1, is preparing an audit report and mobile app to bolster adoption.
Backed by U.S. Treasuries and cash equivalents, USD1 enters a competitive stablecoin market with political cachet—a rarity in crypto circles. The MOVE signals Tron's ambition to carve a niche in dollar-pegged assets while leveraging its high-throughput blockchain.
