mtUSDC vaults
- This stablecoin does not have a price feed available at the moment and we are unable to display peg/depeg rates.
About Mutuum Finance USDC
mtUSDC represents USDC deposited in the Mutuum Finance lending protocol. It is a yield-bearing receipt token that accrues interest from borrowers. Mutuum Finance provides decentralised lending and borrowing on Ethereum.
mtUSDC is a yield-bearing receipt token issued by Mutuum Finance, an Ethereum-based decentralised, non-custodial lending and borrowing protocol. When a user deposits USDC into a Mutuum liquidity pool, they receive an equivalent amount of mtUSDC representing their share of the pool and the interest it accumulates.
Mechanism
mtUSDC accrues value continuously as borrowers repay loans with interest. Rather than distributing additional tokens, each mtUSDC becomes redeemable for a growing amount of the underlying USDC over time. When a user redeems, they return mtUSDC to Mutuum's contracts and receive their original USDC principal plus all accrued interest, subject to available pool liquidity. Because mtUSDC is a standard ERC-20 token, it is transferable and can be integrated with other DeFi protocols.
Key properties
- Fully ERC-20 compliant and transferable
- Value accrues automatically — no manual claiming or compounding required
- Backed by USDC deposited in Mutuum's peer-to-contract lending pools
- Mutuum Finance raised over $20 million in its pre-launch phase (as of March 2026)
- V1 Protocol launched on Sepolia testnet prior to Ethereum mainnet deployment
Sources
Filters
Display
Hide vaults
Performance and risk
The vaults on the listing are limited to the current category. See all vaults.
| 3M price |
|---|
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter