Nasdaq adds XRP to crypto index: why MUTM’s DeFi model could thrive

According to a June 2, 2025, filing by Nasdaq, the exchange has reconstituted the Nasdaq Crypto Index US ETF benchmark to include four new assets, which are ADA, Solana (SOL), Lumens (XLM), and XRP.

This marks a huge step in crypto representation for institutional investment products. However, their trust will only hold BTC and ETH for now due to current restrictions.

Despite this, it signals that it plans to add XRP and other coins to the trust.

That could have implications for the price of XRP and other coins going forward.

For one, it will increase their exposure amongst mainstream investors, which could lead to new capital flowing into the crypto sector.

Such an inflow could boost the prices of leading and small-cap coins to new highs.

Investors know that the massive gains are to be found in new crypto projects that have yet to go mainstream.

Right now, the focus is on Mutuum Finance (MUTM), an exciting DeFi project that is slowly inching its way to the top.

The Mutuum Finance (MUTM) marvel

Mutuum Finance (MUTM) has captured the attention of the masses, thanks to its intuitive and practical design.

The project is built as a decentralized non-custodial protocol where users can participate as lenders, borrowers, or liquidators.

Lenders on the platform deposit their assets and start to earn interest. Meanwhile, borrowers can deposit overcollateralized collateral and claim those assets.

The interest rate that lenders earn is based on a pool’s utilization rate. This system is designed to achieve balance based on market forces, ensuring maximum capital efficiency.

How liquidity is managed on Mutuum Finance

Mutuum Finance aims to create a framework where liquidity and collateral exist in perfect balance.

As such, the protocol has in place strong protections for capital, which ensure that there are no insolvency issues due to sudden spikes in utilization.

When balancing the ecosystem, one of the most important considerations is market conditions.

For instance, if yields on external platforms are significantly better, it could lead to arbitrage actions that take capital out of the protocol; as such, Mutuum Finance will take measures to ensure that it remains competitive with conditions on other platforms.

This will include adjustments to the optimal utilization target for individual assets and the use of interest rate slopes.

Doing so will keep borrowing at the same levels as the open market, thereby discouraging outflows due to arbitrage.

By reducing the optimal utilization rate on certain assets or raising interest rates sharply during spikes in utilization, it will ensure the system achieves equilibrium.

It keeps the cost of borrowing competitive and reduces the chances of capital depletion during high demand.

Liquidity mining will also be used when the need arises.

The protocol will provide rewards for liquidity provision, which will offset rising borrowing costs for those seeking capital on the protocol.

These rewards could be given out in MUTM tokens or any other asset that the team agrees on.

The system will ensure that there is always enough liquidity, even during heightened market demand.

The system will also seek to use external pools to reduce redemption pressure on internal pools.

When a lender deposits assets in a pool on the protocol, they receive mtTokens.

These tokens can be redeemed at any time. However, certain market conditions could place excessive pressure on the internal pools.

Not all assets can receive liquidity rewards. It is important to direct incentives to those tokens that ensure protocol stability, while preventing token inflation.

Tokens with more stability, like stablecoin and large-cap coins, will get priority.

These tokens play an important role in lending and collateral in the long term.

mtTokens

To reduce this pressure, the protocol will create external pairs on DEXs like Uniswap where users can redeem their mtTokens for the underlying asset or use them to trade other assets.

The mtTokens represent the value of a deposit, plus any interest accrued.

Additionally, they are based on the ERC20 token standard. As such, they can be traded on any exchange where the standard is accepted.

The ongoing presale and giveaway

Mutuum Finance (MUTM) is currently in phase 5 of its presale.

Tokens in this phase of the presale are going for $0.03. In the previous phase 4, the tokens were selling for $0.025.

So far, over $10.4 million has been raised in the ongoing presale from over 11,900 investors.

The token price is set to go up by 16.67% in the upcoming phase 6 to $0.035.

That increase would reduce the current ROI based on the $0.06 from the current 100% to 71.43%.

Mutuum Finance (MUTM) is also running a $100,000 giveaway to reward those who take part in the presale.

To qualify for this giveaway, you only need to buy $50 worth of MUTM tokens in the ongoing presale.

Out of those who qualify, Mutuum Finance will pick 10 lucky winners, who will each receive $10,000 worth of MUTM tokens.

If you love making big gains in the crypto market, before the masses start pouring in, this is the perfect opportunity.

At the low price of $0.03, you could be joining the next big winner in crypto, while also standing a chance to win a $10k prize. 

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

Website: https://www.mutuum.com/ 

Linktree: https://linktr.ee/mutuumfinance

The post Nasdaq adds XRP to crypto index: why MUTM's DeFi model could thrive appeared first on Invezz