Mutuum Finance Secures Halborn Audit as Presale Funding Nears $20 Million

New updates have been reported about Mutuum Finance.

Mutuum Finance is emerging as a late-stage DeFi presale contender after publishing the results of a security audit by Halborn, a key milestone that signals the project’s transition from concept to execution. The company is building a decentralized lending and borrowing protocol that will allow users to open collateralized positions at varied loan-to-value levels and earn yield by supplying assets, effectively turning long-term holdings into income-generating collateral. Investor traction has been material: Mutuum Finance has raised $19.9 million from approximately 18,900 participants to date, with its MUTM token presale price rising from $0.01 in early 2025 to $0.035, a 300% gain for earliest backers. The project is currently in Phase 7 of its funding round, with more than 6% of this phase already allocated, and management is using a daily leaderboard that rewards the largest 24-hour contributor with $500 in MUTM to accelerate late-stage participation and keep capital flows active.

Strategically, the most important near-term objective is the launch of the V1 protocol on the Sepolia testnet in Q1 2026, initially supporting ETH and USDT lending and borrowing, along with debt tokens (mtTokens) and automated liquidation mechanisms operating in real time. The Halborn audit is a critical validator ahead of this rollout, reinforcing security credentials at the point where many investors and analysts begin to re-rate projects from speculative concepts to executable platforms. Once the protocol progresses from testnet to Mainnet, Mutuum Finance expects to enter a new phase where actual borrowing volumes, collateral utilization, and APY data can be observed and integrated into valuation frameworks. Current Phase 7 dynamics—tightening token supply, continued funding inflows, and growing visibility—indicate a classic “late discovery” pattern, where both retail and larger investors move to establish positions ahead of exchange listings and utility-driven price discovery. For executives and stakeholders, the key takeaways are that Mutuum Finance has secured third-party security validation, demonstrated sustained capital-raising capacity over multiple phases, and is approaching an inflection point where protocol utility, rather than narrative alone, will drive future performance metrics and strategic optionality.