Tuesday, 02 January 2024 12:17 GMT

Mutuum Finance (MUTM) Signals V1 Protocol Release Is Near As Presale Approaches $20M Raised


(MENAFN- GlobeNewsWire - Nasdaq) DUBAI, United Arab Emirates, Jan. 04, 2026 (GLOBE NEWSWIRE) -- ​​Mutuum Finance (MUTM), a decentralized finance project developing a non-custodial lending and borrowing protocol, has indicated that the release of its V1 protocol is nearing as the project's token presale approaches the $20 million mark. The update comes as Mutuum Finance continues preparations for its initial protocol deployment on the Sepolia testnet, while presale participation remains active in Phase 7.



The project has linked fundraising progress and development milestones closely throughout its rollout, with security reviews and protocol readiness updates being shared alongside presale phase transitions. As the project approaches its next release stage, the team has stated that an announcement regarding the V1 protocol launch timeline is expected soon.

Presale participation nears $20M

Mutuum Finance's presale is currently in Phase 7, with MUTM priced at $0.04. The presale structure progresses toward a stated launch price of $0.06, using phased pricing increases rather than a single fixed presale rate. According to project disclosures, Mutuum Finance has raised approximately $20 million and attracted over 18,600 holders during the presale period.

The presale allocation includes 1.82 billion tokens, and the project has reported that more than 820 million tokens have already been sold, placing distribution at close to half of the presale supply. This reduced availability is one of the factors frequently referenced by presale participants, as later phases typically occur as supply continues to tighten.

Mutuum Finance has also highlighted a broader engagement effort during the presale through a $100,000 giveaway. Under the current structure described by the project, the giveaway is designed to reward eligible participants, with individual prizes including allocations worth up to $10,000 in MUTM.

Price progression across phases

The project's presale has followed a step-based pricing model since Phase 1, where MUTM began at $0.01. With the token now priced at $0.04 in Phase 7, the presale price has increased by 300% from its initial level. Based on the stated $0.06 launch price, early Phase 1 buyers would be positioned for a 500% increase by launch compared to the first presale entry price, assuming the token reaches the planned launch valuation.

Mutuum Finance has described the phased pricing structure as part of its distribution approach, reflecting progression through fundraising stages as development moves closer to a functional release.

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