Crypto markets do not wait for full usage before adjusting value. Prices often move when investors can see utility forming, not when users are already active. This pattern has repeated across previous crypto cycles. Lending platforms, in particular, have a history of gaining attention once core mechanics and timelines are visible. Right now, traders are scanning for altcoins that sit in this phase. One Ethereum-based new crypto is beginning to fit this profile as it approaches its first protocol activation window.

What Mutuum Finance (MUTM) is preparing to activate

Mutuum Finance (MUTM) is a new crypto building decentralized lending protocol. It includes two environments for lending and borrowing. In the peer-to-contract environment, participants supply assets or draw liquidity directly from the protocol. When users supply assets, the system mints mtTokens that track deposits and yield. For example, a user supplying $6,000 in ETH could earn 4% to 6% APY depending on borrowing demand.

In the peer-to-peer environment, borrowing is backed by collateral under defined loan-to-value rules. A user posting $8,000 in ETH at a 70% LTV could unlock $5,600 without selling long-term holdings. Liquidation rules protect solvency during volatility.

These mechanics make MUTM attractive for traders who want leverage during bull markets without closing strong positions. V1 protocol is now preparing for testnet before mainnet deployment, according to the official X account. This timing matters because markets often shift attention when a product moves from development into activation.

Once V1 is live, performance metrics will enter the market. These include borrowing volume, liquidation data, and interest spreads. Crypto markets integrate these metrics into valuation models, which can trigger new appreciation cycles.

Supply alignment with utility timing

Token supply for MUTM is fixed at 4B tokens. Out of this supply, 45.5% is allocated for structured presale, which equals 1.82B tokens. A large share of that allocation is already sold. This indicates that circulating supply is shifting from contract control to holder wallets before utility arrives.

MUTM currently sells at $0.04 in presale Phase 7 ahead of the confirmed $0.06 launch price. Since the presale began in early 2025, MUTM has appreciated more than 300%. This implies that price progression has tracked roadmap execution. The next crypto phase will raise MUTM’s price by roughly 20%, which compresses the entry point for late participants. This is one reason why traders are monitoring supply throughput.

Revenue flow and buy demand

The system introduces mtTokens for yield and a buy-and-distribute model for protocol revenue. Borrowers pay interest. Revenue is then used to buy MUTM on the open market and redistribute to mtToken stakers. This creates constant buy pressure from real activity, not from attention or trending cycles.

Revenue-driven demand differs from attention-driven demand. Attention fades and liquidity drains. Usage creates recurring flow tied to borrowing and leverage. This is the type of model that analysts track for multi-cycle performance.

Oracles will support collateral pricing through Chainlink feeds with fallback sources. Stablecoins will likely become the main borrowing unit because repayment costs remain predictable. Layer-2 support is expected to reduce execution costs once borrowing activity scales.

Analysts who track new lending tokens note that these types of mechanics often reprice sharply after usage begins. Based on the current $0.04 presale price, several analyst models outline a post-launch target between $0.18 and $0.30. That implies a growth window of 350% to 650% as long as borrowing demand forms and stablecoin lending becomes a core feature during 2026.

Looking forward

Security preparation is complete. Mutuum Finance finalized a Halborn audit and holds a 90/100 CertiK token scan score. A $50,000 bug bounty is active to detect vulnerabilities before mainnet. These steps are common during the final window before release.

Participation tools add to the acceleration. A 24-hour leaderboard rewards the top daily buyer with $500 in MUTM. Card payment support is active for users who prefer non-wallet onboarding. Whale allocations have been recorded during late stages, and Phase 7 is selling faster than earlier stages.

Analysts note that tokens with pre-utility repricing often show stronger performance once usage metrics enter valuation models. Based on current pricing, some forecasts outline up to 500% upside if MUTM rerates during early 2026 utility activation. This suggests the market is approaching the point where quiet accumulation transitions into visible pricing.

For more information about Mutuum Finance (MUTM) visit the links below:

Website:https://www.mutuum.com

Linktree:https://linktr.ee/mutuumfinance

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