Mutuum Finance Nears V1 Protocol Launch as Presale Tops $19.9 Million

New updates have been reported about Mutuum Finance.

Mutuum Finance is entering a critical execution phase as it prepares to launch its V1 lending and borrowing protocol on the Sepolia testnet, following a presale that has attracted more than 18,900 holders and raised over $19.95 million. The imminent V1 testnet release will expose core protocol components—including liquidity pools, mtTokens, debt tokens, and an automated liquidator bot—to public testing, enabling users to simulate lending and borrowing and allowing the team to refine performance and risk parameters ahead of mainnet deployment later in 2026. Security has been a central pillar of this rollout: Halborn Security has completed an independent audit of the V1 lending and borrowing contracts, while CertiK has audited the MUTM token smart contract, assigning a Token Scan Score of 90/100, and Mutuum has launched a $50,000 bug bounty with CertiK to incentivize white-hat testing.

Financially, Mutuum’s presale performance indicates strong early demand: in Phase 7, the MUTM token is priced at $0.04, up 300% from the Phase 1 price of $0.01, with a confirmed launch price of $0.06 implying a 5x uplift versus the starting level. Of the 4 billion total MUTM supply, 1.82 billion are earmarked for the presale and more than 830 million have already been sold, narrowing remaining inventory and signaling sustained investor conviction in advance of exchange listings. Strategically, Mutuum plans to launch the token and protocol simultaneously to ensure immediate utility—allowing users to lend, borrow, and earn yield from day one—which could accelerate liquidity formation and exchange interest relative to tokens that list before having a working product. The roadmap shows Phase 1 complete, Phase 2 nearly finished, and Phase 3 focused on testnet deployment and public testing, with Phase 4 covering full mainnet and token launch plus future additions such as an overcollateralized stablecoin and multi-chain expansion. To maintain engagement and broaden distribution during this build-out, Mutuum is running a $100,000 token giveaway for 10 winners and a rolling 24-hour leaderboard that awards $500 in MUTM daily, while also enabling direct purchases via card—positioning the project as a security-focused DeFi entrant with validated code, active community growth, and a clear path to mainnet revenue-generating operations.