Mutuum Finance Nears V1 Launch as Halborn Audit Clears DeFi Lending Protocol

New updates have been reported about Mutuum Finance.

Mutuum Finance is moving toward the operational phase of its DeFi lending protocol, completing a key security audit and advancing a large-scale token presale as it prepares to release its V1 system. The V1 platform is designed around a decentralized, smart-contract-based lending market that enables users to supply and borrow digital assets with collateralized borrowing, standardized interest logic, collateral valuation rules, liquidation procedures, and repayment functions. Lenders will receive mtTokens that represent their deposits plus accrued interest, while borrowers will be able to pledge selected crypto assets as collateral to unlock liquidity without selling core holdings, using mechanics that mirror established DeFi lending models for predictable risk and return parameters.

Security and market readiness are central to Mutuum Finance’s roadmap execution. The V1 codebase has undergone a full audit by Halborn, covering lending logic, collateral rules, safety checks, and risk controls, and the project has launched a $50,000 bug bounty to incentivize additional testing before mainnet deployment. The MUTM token has also been evaluated via CertiK’s Token Scan, earning a score of 90/100 on contract safety and common vulnerabilities. On the market side, stablecoins are expected to drive a substantial share of borrowing activity to mitigate volatility risk, with initial support planned for V1 and potential expansion to additional assets based on liquidity conditions. Chainlink oracle feeds are being integrated to support accurate collateral pricing and liquidations, aiming to reduce systemic risk from mispricing during market stress. Mutuum’s structured presale, now in Phase 7 at $0.04 per MUTM, has raised over $19.8 million from more than 18,800 participants, with more than 825 million tokens sold out of a 1.82 billion presale allocation (45.5% of the 4 billion total supply), representing a price increase of over 300% from early phases. With Phase 2 roadmap milestones such as audits and oracle preparation largely completed, the project is preparing to enter Phase 3, which includes Sepolia testnet deployment, mainnet readiness checks, and the initial public rollout of V1—key steps that will determine protocol traction, liquidity depth, and the viability of Mutuum Finance’s lending model in a competitive DeFi market.