Dubai, UAE, November 30th, 2025, FinanceWire
Mutuum Finance (MUTM) has officially confirmed that its V1 protocol will launch on the Sepolia testnet in Q4 2025, marking a significant milestone in the project’s development timeline. The announcement, shared through the team’s official X account, signals that the protocol’s core architecture is nearing public testing as roadmap progress remains on track.
Latest Mutuum Finance Updates From the Team
In recent updates, the Mutuum Finance team has highlighted steady progress across development, including finalizing the core smart contracts for the lending and borrowing engine. According to the project’s statements on X, the codebase has been completed and is now under formal review. The team also confirmed that the V1 launch date will be announced once the ongoing audit process reaches its next stage.
The upcoming Q4 testnet will introduce foundational features such as mtToken yield mechanics, collateralized borrowing tools, automated liquidations, and the initial ETH and USDT markets. These components form the backbone of Mutuum’s lending protocol and set the stage for the platform’s mainnet-ready release.
Strong Presale Performance Continues
Mutuum Finance has also recorded strong momentum throughout its presale. The project began offering tokens at $0.01 in Phase 1, and has steadily moved upward to $0.035 in Phase 6—a 250% increase during its early stages.
More than $19 million has been raised, and the project has surpassed 18,200 holders, placing it among the most active DeFi presales of the year. Phase 6 is currently nearing full allocation, and once completed, the presale will transition into Phase 7, where the token price rises by 20% to $0.04.
How Mutuum Finance Works
Mutuum Finance is developing a decentralized lending and borrowing system designed to give users transparent control over their assets.
A user supplying ETH into the pooled market receives mtTokens (mtETH). These mtTokens automatically grow in redeemable value as borrowers repay interest.
If lending demand increases—for example, during periods when users wish to borrow ETH for leverage—the APY increases, giving lenders higher returns without requiring manual adjustments. A user holding ETH who believes the asset may rise further can use it as collateral rather than selling it. For example:
A user deposits 1 ETH and borrows USDT against it. This allows them to access liquidity for trading or personal use while still retaining their position in ETH. If managed responsibly, the user benefits from both the ETH price increase and the borrowed liquidity, without giving up ownership.
These mechanics are powered by Mutuum’s Peer-to-Contract (P2C) model, where liquidity is pooled, and interest rates adjust automatically based on utilization.
Mutuum also includes a Peer-to-Peer (P2P) system where users can structure isolated lending agreements for more volatile tokens, including higher-risk assets such as SHIB or DOGE. This layer offers flexibility for niche asset markets without impacting the stability of the main liquidity pools.
Roadmap Progress: Phase 1 Complete, Phase 2 in Motion
Mutuum Finance is advancing steadily through its four-phase roadmap:
- Phase 1 is fully completed, including initial audits, documentation, early marketing, and the start of the presale.
- Phase 2 is now underway, focusing on smart contract engineering, risk-parameter development, analytics, and the front-end and back-end infrastructure.
Phase 2 lays the groundwork for Phase 3, which covers large-scale testing, expanded development, and preparations for the mainnet and exchange listings.
According to the roadmap, the platform is expected to go live around the same time the token launches, a coordinated approach that may support visibility on top-tier exchanges by presenting MUTM as a utility-backed asset from day one.
With Phase 6 approaching 99 percent allocation, the presale is moving toward its scheduled price adjustment to $0.04 in Phase 7. As development continues and the Halborn audit process progresses, Mutuum Finance is advancing toward the next stage of its roadmap and the planned testnet release later in 2025.
About Mutuum Finance (MUTM)
Mutuum Finance (MUTM) is a decentralized lending and borrowing protocol built on non-custodial smart contracts. The platform combines pooled lending markets, P2P lending, and mtToken-based yield generation. Mutuum is progressing through its roadmap with the V1 testnet scheduled for Q4 2025, supported by a completed CertiK audit and an ongoing Halborn Security review. With planned features such as a stablecoin system, Layer-2 expansion, and a buy-and-distribute token model, Mutuum Finance aims to deliver a streamlined and utility-driven DeFi ecosystem.
For more information about Mutuum Finance (MUTM), users can visit the links below:
Website: https://www.mutuum.com
Linktree: https://linktr.ee/mutuumfinance