Mutuum Finance (MUTM) Announces Launch of its Protocol on Sepolia Testnet

PRESS RELEASE.

The Mutuum Finance (MUTM) team has officially announced the launch of its V1 lending and borrowing protocol on the Sepolia testnet, marking a significant milestone in the project’s development roadmap. This testnet release allows users to explore and test the core functionalities of Mutuum’s decentralized finance ( DeFi) system before the mainnet launch. It represents a major step forward for the project, showcasing that Mutuum Finance is already delivering on its promises while still in its presale phase.

In an official statement shared on X, the team wrote:

“Mutuum Finance Protocol is now live. You can now access the app, explore the initial markets, and start testing the core lending & borrowing flows.”

This testnet launch provides a hands-on opportunity for users to interact with the platform, experiment with core DeFi mechanics, and understand how Mutuum’s lending and borrowing systems operate in a live test environment using Sepolia test tokens.

V1 Protocol Live on Sepolia Testnet

The Mutuum Finance V1 protocol sets the base for its decentralized lending and borrowing system. Now that the testnet is live, users can see how lending pools work, how loans are backed by collateral, and how liquidations happen automatically, giving a clear look at how the platform is expected to work before it goes live on mainnet.

Core Features of the V1 Protocol

• Assets Supported: The protocol currently supports USDT, ETH, LINK, and WBTC — four of the most recognized and liquid assets in the crypto market. Users can mint, supply, and borrow these assets using Sepolia test tokens.

• mtTokens: Users who supply assets to the platform receive mtTokens, which serve as a digital record of their deposits on the blockchain and grow in value as interest is generated. By staking mtTokens, users can also earn MUTM token rewards, adding another layer of yield for those who remain active on the platform.

• Debt Tokens: Borrowers receive Debt Tokens, which track both the principal and the accruing interest of their loans. This mechanism ensures complete transparency and traceability of all outstanding debts within the protocol.

• Automated Liquidator Bot: This feature continuously monitors borrower positions and triggers automatic liquidations when collateral health falls below the safety threshold. This ensures the protocol remains solvent and protects lenders from potential defaults.

This combination of automated and transparent smart contracts gives Mutuum Finance a solid DeFi foundation, making it easy for users to test and understand how lending, borrowing, and liquidation cycles function within the platform.

Security and Smart Contract Audits

Security remains a top priority for Mutuum Finance. The team has confirmed that Halborn Security has completed its independent audit of the project’s lending and borrowing smart contracts, validating the code’s safety and operational integrity.

In addition, Mutuum’s token smart contract was previously audited by CertiK, achieving a 90/100 Token Scan Score — a benchmark that reflects Mutuum’s commitment to security and transparency, which are often overlooked in early-stage crypto projects.

Mutuum Finance Presale Surpasses $20 Million

Mutuum Finance’s presale has continued to gain strong traction. Following the protocol’s testnet announcement, investor enthusiasm increased sharply, with a single whale contributing around $175,000 shortly after the news. Within 72 hours, the presale saw an additional $130,000 in inflows, pushing the total raised amount to $20.18 million from over 18,900 holders.

The token is currently priced at $0.04 in Phase 7, while the confirmed launch price is set at $0.06, giving current investors an opportunity to enter at a discounted rate. From its initial Phase 1 price of $0.01, the MUTM token has already increased by 300%, and by launch, it is projected to deliver a 500% rise in value.

To simplify participation, the team also introduced a card payment option for purchasing MUTM tokens, with a step-by-step guide shared on X.

Furthermore, the presale includes a 24-hour leaderboard that rewards the top contributor of the day with a $500 bonus in MUTM tokens, while the leaderboard resets every 24 hours, creating an active and competitive presale environment.

Future Development and Upcoming Features

In a recent X post, the Mutuum Finance team confirmed ongoing development beyond the current testnet, stating:

“More features are already in the pipeline, with the next update planned for the coming weeks, as we build toward Mainnet.”

These upcoming updates are designed to improve platform functionality and move Mutuum closer to mainnet readiness. A key addition is Peer-to-Peer (P2P) lending, which will enable users to lend and borrow directly with one another. The P2P model will also expand token support to assets such as Dogecoin (DOGE) and Shiba Inu ( SHIB), increasing flexibility and broadening use cases across the ecosystem.

Looking ahead, Mutuum’s whitepaper outlines several major developments that will strengthen the project’s long-term foundation:

1. Overcollateralized Stablecoin: Will allow users to mint a dollar-pegged asset backed by excess collateral, improving liquidity and system stability.

2. Multi-Chain Expansion: Designed to make Mutuum accessible across several blockchains, reducing transaction fees and expanding user reach.

3. Layer-2 Optimization: Focused on improving transaction speed and scalability for a smoother user experience.

To reward early supporters, Mutuum Finance has launched a $100,000 giveaway, where 10 winners will each receive $10,000 worth of MUTM tokens. Details for participation can be found on the project’s official website.

With its V1 protocol now live on Sepolia testnet, Halborn and CertiK audits completed, and over $20 million raised, Mutuum Finance (MUTM) is emerging as one of the most promising new DeFi projects of 2026. The testnet launch not only demonstrates that the team is delivering on its roadmap but also gives investors and users a chance to experience the platform before it goes live.

At its current presale price of $0.04, still below the $0.06 launch price, investors have a final opportunity to join early at a discounted valuation. With a proven testnet, transparent progress updates, and continued development toward mainnet, Mutuum Finance is quickly becoming one of the standout DeFi projects to watch in the coming cycle.

For more information about Mutuum Finance (MUTM) visit the links below:

Website: https://www.mutuum.com

Linktree: https://linktr.ee/mutuumfinance

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