Dubai, UAE, November 26th, 2025, FinanceWire
Mutuum Finance (MUTM), a decentralized lending and borrowing protocol, has announced that Halborn Security has commenced an audit of its smart contracts as part of the project’s Phase 2 development. The protocol is preparing for its first public testnet, scheduled for Q4 2025. Project representatives have stated that the audit is intended to assess the protocol’s security as it advances through key development milestones.
Phase 6 Nearing Full Allocation
Mutuum Finance is currently in Phase 6 of its presale, where the MUTM token is priced at $0.035. This phase is now nearly 99% sold out, with only a small portion of the allocation remaining before the project transitions into Phase 7, where the token price will rise to $0.04.
Since launching at $0.01 in Phase 1, MUTM has steadily progressed to its current $0.035 valuation. With the confirmed $0.06 launch price, the token is positioned to rise by almost 2x from today’s level, creating heightened attention around the remaining allocation as Phase 6 approaches its final moments.
The presale has now raised close to $19 million and attracted over 18,200 holders. As Phase 6 tightens, availability at the current price is becoming more limited.
A key factor supporting this momentum is accessibility. Mutuum Finance recently introduced card payments, allowing users to buy MUTM directly without first purchasing crypto. A full guide is available on the project’s official X page, removing friction for newcomers who want to participate before the next price increase.
Development Advances Into Roadmap Phase 2
Alongside its presale expansion, Mutuum Finance has also confirmed that it has fully completed Phase 1 of its roadmap and is now actively working through Phase 2. This stage focuses on core protocol engineering, front-end and back-end development, risk framework implementation, and overall infrastructure setup.
The roadmap outlines four total phases, culminating in the launch of the platform and long-term ecosystem expansion. Notably, the team plans to release a beta version of the platform around the time the token goes live, which may improve visibility on top-tier exchanges. Platforms that launch utility early tend to gain more attention during initial listing cycles, often helping strengthen long-term price resilience through increased liquidity and user adoption.
Halborn Security Begins Full Contract Audit
Mutuum recently announced that Halborn Security, one of the most respected blockchain auditing firms, has begun reviewing the finalized smart contracts behind the lending and borrowing protocol. The audit is now officially underway, serving as a critical step before the project moves toward public testing.
The Halborn review follows Mutuum’s earlier verification conducted by CertiK, giving the project two layers of security assurance. According to the team, Halborn will continue updating its findings through the audit cycle, and the expected timeline for the testnet will be confirmed once the initial security analysis is completed.
This dual-audit approach offers an added signal of credibility to investors who prioritize safety and transparency when assessing new DeFi platforms.
What Mutuum Finance Is Building: A Utility-Driven DeFi Protocol
Mutuum Finance is positioning itself as a user-friendly, non-custodial DeFi lending ecosystem with a simplified experience. The protocol combines pooled lending markets (P2C) with an isolated peer-to-peer lending hub (P2P), giving users both traditional and alternative borrowing options. The P2P marketplace is designed to support a wider range of assets — including more volatile tokens such as memecoins like DOGE or Shiba Inu — without exposing the main liquidity pools to unnecessary risk.
While the P2C model functions as a shared liquidity system, where users supply assets into a common pool and the protocol automatically matches supply and demand through algorithmic interest rates.
When users deposit assets like ETH or USDT, they receive mtTokens, which automatically grow in redeemable value as interest accumulates in the pool. mtTokens will also be eligible for staking in the platform’s safety module, where users can earn MUTM dividends sourced from platform fees.
Borrowers will be able to deposit collateral, borrow stablecoins or other assets against it, and retain their exposure. For example, an ETH holder expecting future growth can supply ETH instead of selling it, borrow USDT for investing or expenses, and reclaim their ETH later—potentially at a higher market value.
A significant long-term mechanism in Mutuum’s design is its buy-and-distribute system, where a percentage of platform fees will be used to buy MUTM from the open market and redistribute it to users who stake mtTokens. This may create consistent buy pressure and has the potential to support token stability by potentially reducing sell pressure across the market.
Q4 2025 V1 Protocol Launch: A Key Upcoming Catalyst
The team reaffirmed that the V1 protocol is scheduled to launch on the Sepolia testnet in Q4 2025. This release will include the core lending pools, borrowing mechanics, collateral rules, mtToken functionality, and initial support for assets such as ETH and USDT.
A defined launch window often drives investor confidence, especially when aligned with security audits and roadmap execution. The combination of the Halborn audit, testnet timeline, active Phase 2 development, and presale demand suggests that Mutuum is working toward delivering its utility in sync with the token launch.
With Phase 6 nearly 99% allocated, Mutuum Finance is moving quickly toward its next pricing stage as development advances into Phase 2 and Halborn begins its full contract audit. The project’s roadmap alignment, upcoming Q4 testnet, buy-and-distribute model, and plans for a synchronized platform launch all contribute to rising interest. As the presale prepares to shift into Phase 7 at a higher price, the remaining supply at $0.035 is becoming increasingly limited.
About Mutuum Finance (MUTM)
Mutuum Finance is an Ethereum-based lending and borrowing protocol that allows users to earn interest on their crypto assets through both peer-to-contract (P2C) and peer-to-peer (P2P) markets, as well as by staking their shares for dividend-style rewards, enabling dual yield. The protocol runs on smart contracts, making it fully transparent and non-custodial, so users retain control of their funds. Mutuum Finance’s roadmap includes launching a native stablecoin and expanding to multiple chains.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://www.mutuum.com
Linktree: https://linktr.ee/mutuumfinance