Mutuum (MUTM) is a decentralized, non-custodial liquidity protocol that enables users to engage as lenders, borrowers, or liquidators. Lenders deposit their crypto assets into Mutuum’s liquidity pools to earn interest, while borrowers can obtain overcollateralized loans by securing them with sufficient collateral. Lenders contribute to liquidity by depositing cryptocurrencies into a pooled contract. Concurrently, borrowers can access these funds by providing collateral within the same contract. This system does not require individual loan matching but instead operates based on the collective pool of funds and the associated collaterals and borrowings. Mutuum’s interest rates for both lenders and borrowers adjust automatically based on market conditions. For borrowers, the variable rate is tied to the available funds in each liquidity pool: when a high portion of the pool’s assets is borrowed, the borrowing rate increases. This mechanism encourages a balanced utilization of capital. Meanwhile, lenders earn yields that align with the borrowers’ interest payments, and a reserve factor helps ensure that liquidity remains accessible at all times. By maintaining this liquidity buffer, Mutuum aims to provide lenders with uninterrupted access to their deposits. This dynamic model rewards stakeholders who supply capital while preserving sufficient on-chain liquidity for borrowers across the ecosystem.