Mutuum Finance (MUTM) Emerges as a Strong Contender in DeFi, Drawing Parallels to Toncoin’s Rise
Decentralized finance (DeFi) newcomer Mutuum Finance (MUTM) is capturing significant attention from analysts who note its striking similarities to Toncoin's (TON) early growth trajectory. While TON Leveraged community-driven hype to gain prominence, MUTM enters the market with a fully operational infrastructure—a key differentiator that could redefine the DeFi landscape. The protocol's beta platform already features yield-generating mtTokens, enabling users to deposit stablecoins and earn returns, positioning MUTM as a potential game-changer in the space. As of August 2025, the project's innovative approach and robust foundation have drawn bullish comparisons to TON's success, sparking optimism about its future price potential. Analysts suggest that MUTM's combination of functional utility and strategic positioning could mirror or even surpass TON's historical performance, making it a compelling asset for investors eyeing the next big DeFi breakthrough.
Mutuum Finance Draws Comparisons to Toncoin as DeFi Analysts Spot Parallel Trajectories
Decentralized finance newcomer Mutuum Finance (MUTM) is generating buzz among analysts who see striking similarities to Toncoin's (TON) early growth pattern. While TON rode community HYPE to prominence, MUTM enters the market with operational infrastructure—a distinction that could rewrite the DeFi playbook.
The protocol's beta platform features yield-generating mtTokens, allowing deposits of stablecoins or major cryptocurrencies like ETH and BTC. These tokens automatically accrue interest while remaining available for staking to earn MUTM rewards—a dual-layer incentive structure funded through protocol revenue buybacks.
Top 8 Stablecoins Hit $245 Billion, Representing 4.29% Of US Dollar Supply
The stablecoin market has reached a significant milestone, with the top eight USD-pegged tokens now representing $245 billion—equivalent to 4.29% of the total US dollar monetary base supply. This growth underscores the accelerating adoption of blockchain-based financial instruments in global markets.
Regulatory frameworks are evolving to address this expansion. The GENIUS Act, signed into law in July, mandates strict 1-to-1 reserve requirements for stablecoin issuers. Traders increasingly utilize these digital assets as bridges between volatile cryptocurrencies and dollar-equivalent holdings.
The sector's $245 billion valuation compares starkly to the $5.7 trillion traditional US dollar supply—a relationship one analyst likened to "a nickel set next to a dollar." Andreas Antonopoulos has characterized this shift as a "total global infrastructure inversion" of traditional banking systems.
This transformation has occurred remarkably fast since Tether's USDT launch just eleven years ago. Central banks and international financial institutions now formally recognize blockchain's growing role in modern economic infrastructure.
Arkham Uncovers $3.5B Bitcoin Heist Linked to Chinese Mining Pool LuBian
Blockchain analytics firm Arkham has identified a previously undisclosed hack of Chinese mining pool LuBian in December 2020, resulting in the theft of 127,426 BTC—worth $3.5 billion at the time. The haul, now valued at $14.5 billion, marks the largest crypto theft in history, surpassing even the Mt. Gox breach.
Neither LuBian nor the hacker acknowledged the incident publicly. The mining pool, once a top-ten global operator with 6% of Bitcoin's hash rate, abruptly shuttered in early 2021. While regulatory pressure was initially blamed, Arkham's on-chain analysis reveals the closure followed the catastrophic loss of nearly all its Bitcoin holdings.
The theft occurred in two phases: over 90% of LuBian's BTC was siphoned in early December 2020, followed by an additional $6 million in BTC and USDT later that month from an Omni-layer address. The miner's remaining funds were rotated to a recovery wallet, but the breach remained undetected for four years.
