Dubai, UAE, December 1st, 2025, FinanceWire
Mutuum Finance (MUTM) has confirmed that Halborn Security is now conducting a full audit of its lending and borrowing protocol, marking one of the final technical steps before the project introduces its V1 testnet release in Q4 2025. The update signals steady progress across both development and security preparation as the protocol moves through its roadmap and continues generating momentum within the DeFi community.
A New Approach to Decentralized Lending
Mutuum Finance is building a decentralized, non-custodial lending and borrowing ecosystem designed to simplify the way users access liquidity on-chain. Rather than relying on centralized intermediaries, the platform uses automated smart contracts to manage deposits, loans, interest, and liquidations.
Mutuum’s structure is centered around two complementary systems:
- Peer-to-Contract (P2C) lending, where users supply assets into shared liquidity pools to earn yield.
- Peer-to-Peer (P2P) lending, which supports isolated, user-defined lending agreements. This model allows more volatile assets—including tokens like DOGE or SHIB—to be used without affecting the main lending markets.
Recent Updates: V1 Protocol Features Coming in Q4 2025
According to the team’s recent announcements on X, the V1 protocol is now in its final stages of internal review, with testing frameworks and core mechanics being prepared ahead of the Sepolia testnet release scheduled for Q4 2025.
The upcoming V1 version will include:
- A working liquidity pool for pooled lending
- mtTokens, which grow in redeemable value as interest accumulates
- A debt-tracking system for borrowing positions
- An automated liquidation bot to manage undercollateralized loans
- Support for ETH and USDT as the initial lending and collateral assets
This early functional version gives the project tangible utility at launch, positioning it differently from typical presale tokens that begin trading long before their product is ready.
Presale Performance and Shrinking Phase 6 Allocation
Mutuum Finance is currently deep into its presale cycle, with Phase 6 approaching full allocation at a token price of $0.035. More than 800 million tokens have already been sold out of the 1.82 billion allocated for the presale. This represents nearly half of the total presale supply being acquired before the token even reaches exchanges.
Since the launch of Phase 1 at $0.01, MUTM has increased 250%, moving steadily through each preset pricing tier. The next stage, Phase 7, will increase the price by 20%, raising it to $0.04, with the official launch price set at $0.06 according to tokenomics.
As Phase 6 nears 100% allocation, the availability at the current pricing level is becoming increasingly limited as new buyers attempt to secure tokens before the next price transition. The presale has already crossed $19 million raised and attracted more than 18,200 holders, reflecting a healthy mix of early adopters and steadily growing community interest.
mtTokens, Yield Generation, and the Buy-and-Distribute System
A key element of Mutuum Finance’s design is the mtToken system. When a user deposits assets—such as ETH or USDT—into the protocol’s lending pool, they receive mtTokens in a 1:1 ratio. These mtTokens increase in value as borrowers repay interest into the pool.
When users withdraw liquidity, their mtTokens are burned in exchange for the underlying asset plus any accumulated yield.
Mutuum Finance also integrates a buy-and-distribute mechanism tied to protocol revenue. A designated share of fees collected from the operation of the lending system will be used to purchase MUTM tokens from the open market. These purchased tokens are distributed to users who stake mtTokens in the Safety Module.
This design introduces a recurring form of buy pressure and aligns long-term incentives between the protocol and its users.
Future Development: Stablecoin and Layer-2 Integration
Mutuum Finance has outlined several long-term development goals beyond its V1 testnet.
One of the most anticipated additions is the platform’s on-demand USD-pegged stablecoin, which will be minted and burned as borrowers interact with the ecosystem. Interest generated from borrowing the stablecoin will contribute to the project’s treasury, creating a consistent and sustainable revenue stream.
The team is also exploring Layer-2 expansion to reduce transaction costs and speed up borrowing and liquidation operations. Lower fees and faster execution are critical for attracting high-volume lending activity and improving overall user experience.
Additionally, Mutuum Finance continues to enhance its oracle framework using Chainlink price feeds, supplemented by fallback systems to ensure accurate collateral valuations during market volatility.
With Phase 6 nearing full allocation, the upcoming 20% price increase, and the Halborn audit progressing ahead of the Q4 testnet, Mutuum Finance is entering an important chapter in its development. The combination of product readiness, ongoing audits, strong presale performance, and an expanding community signals that the protocol is moving steadily toward its V1 launch. As the remaining Phase 6 allocation tightens, interest is expected to remain elevated heading into the next presale stage.
About Mutuum Finance (MUTM)
Mutuum Finance (MUTM) is a decentralized lending and borrowing protocol designed to simplify access to on-chain liquidity. The platform integrates pooled lending markets, isolated P2P lending environments, and mtTokens—interest-accruing receipts tied to real lending activity. Backed by a completed CertiK audit and an active Halborn review, Mutuum Finance is preparing for its V1 testnet release in Q4 2025. With long-term plans including a stablecoin, Layer-2 expansion, and a revenue-driven buy-and-distribute mechanism, Mutuum Finance aims to build a structured and scalable DeFi lending ecosystem for the next wave of users.
For more information about Mutuum Finance (MUTM), users can visit the links below:
Website: https://www.mutuum.com
Linktree: https://linktr.ee/mutuumfinance