Next big crypto of 2025? Analysts spotlight a new DeFi protocol

As the crypto market begins shifting toward utility-driven projects, one name is increasingly appearing on analysts’ watchlists: Mutuum Finance (MUTM).

This new Ethereum-based protocol is not a meme coin or a speculative play, it’s a DeFi crypto platform with a clear structure, a growing momentum, and a defined launch timeline.

Many experts believe it could follow a similar path to early Compound (COMP) in 2020, when structured lending protocols became some of the most explosive performers in the sector.

A closer look at the protocol

Mutuum Finance is building a decentralized lending and borrowing protocol designed to make markets more efficient, secure, and scalable on-chain.

Unlike single-model platforms, it combines Peer-to-Contract (P2C) pooled markets for major assets like ETH and USDC with Peer-to-Peer (P2P) isolated lending for niche tokens.

In the P2C model, users supply assets into liquidity pools, earning yield as borrowers draw funds at dynamic interest rates.

Borrowing costs adjust automatically depending on how much of the pool’s liquidity is being used.

When liquidity is abundant, rates remain low to encourage borrowing; when liquidity tightens, rates rise to attract new deposits and balance the system.

On the lending side, APYs increase with usage, rewarding early liquidity providers. For example, someone supplying $8,000 worth of ETH could borrow up to $6,000 using a 75% Loan-to-Value (LTV) ratio.

This over-collateralized structure ensures that loans stay secure even during sudden price drops, while allowing users to access liquidity without selling their assets.

Alternatively, a user supplying $5,000 in USDC could borrow another stable asset at a stable rate, locking in predictable borrowing costs, a useful strategy for more structured financial planning.

Presale momentum

Mutuum Finance’s structured presale has been one of the key factors driving early attention.

The presale is divided into fixed-price phases, each with a set number of tokens.

MUTM is currently priced at $0.035 in Phase 6, up from $0.01 in Phase 1, a 2.5x surge.

Since launching in early 2025, the project has raised $17.5 million, attracted over 17,300 holders, and allocated 70% of Phase 6.

Once this stage is fully sold, the price will rise by nearly 20%, moving closer to the planned $0.06 listing price.

Out of the 4 billion total supply, 1.76 billion tokens are allocated for the presale, with over 760 million already sold across previous stages.

To keep participation active, the project also runs a 24-hour leaderboard.

Each day, the top depositor receives a $500 MUTM bonus, provided they complete at least one transaction within the period.

The board resets daily at 00:00 UTC, creating continuous engagement among participants.

Protocol milestones and security measures

Mutuum Finance recently confirmed through an X statement that Version 1 of the protocol will launch on the Sepolia testnet in Q4 2025.

This rollout will feature liquidity pools, mtToken issuance, debt tokens, and liquidation systems, with ETH and USDT supported from day one.

This kind of clear development timeline is often what separates serious DeFi projects from short-lived trends.

To boost trust ahead of launch, the project underwent a CertiK audit, achieving a 90/100 token score, indicating a strong technical foundation.

Additionally, a $50,000 bug bounty program was launched to encourage independent code testing before the mainnet release.

These measures are designed to build confidence as the platform prepares to go live.

Why analysts see parallels with early compound

Many analysts are drawing comparisons between Mutuum Finance’s current stage and Compound (COMP) in its early days.

Back in 2020, Compound’s combination of over-collateralized lending, yield accrual, and structured rollout helped it go from an early DeFi experiment to a market leader.

MUTM’s low entry price, structured presale, and clear utility-driven model have created a similar setup.

Analysts also point to future milestones, including the launch of an over-collateralized stablecoin, which is expected to channel part of protocol revenue back into MUTM buybacks—creating steady buying pressure over time.

With Phase 6 already over 68% allocated, analysts emphasize that timing could play a critical role.

Historically, some of the largest gains in crypto have gone to those who enter promising protocols before major launches and exchange listings.

As demand grows, late entrants often face higher prices and reduced upside.

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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