New Crypto Coin Mutuum Finance (MUTM) Reports Phase 6 Over 95% Sold Out Ahead of V1 Testnet Launch Window
Dubai, UAE, November 28th, 2025, Chainwire
Mutuum Finance (MUTM) has announced continued progress on its V1 lending and borrowing protocol, with the system now finalized and undergoing review by Halborn Security ahead of a planned Sepolia testnet release.
Dual Lending Structure
Mutuum Finance is developing a dual-lending ecosystem that integrates pooled credit markets with direct peer-to-peer lending. In the pooled model, participants deposit assets and receive mtTokens, which reflect both their share of the pool and interest generated through utilization. For example, a participant depositing $1,000 worth of ETH receives mtETH, with its value adjusting based on protocol activity.
In the peer-matched marketplace, borrowers and lenders negotiate loan terms, selecting between variable or stable rates. Borrowing limits follow defined loan-to-value structures, and liquidations occur automatically if collateral falls below established thresholds. These systems operate together within the protocol’s broader lending and borrowing framework.
Phase 6 Presale Status
Mutuum Finance is currently in Phase 6 of its presale. The project reports raising approximately $18.9 million, with more than 18,200 holders participating to date. Of the total 4 billion MUTM supply, 45.5%—equivalent to 1.82 billion tokens—is allocated to the presale. More than 800 million tokens have been sold, and Phase 6 is reported to be over 91% allocated.
The token price has moved from $0.01 in Phase 1 to $0.035 in Phase 6, marking a 250% increase across presale stages. The confirmed launch price is $0.06 based on project materials. The structured phase system has contributed to steady progression as available allocation decreases.
Community engagement features include a 24-hour leaderboard in which the top daily contributor receives $500 worth of MUTM. The project reports completing a CertiK audit with a 90/100 Token Scan score and has launched a $50,000 bug bounty program to support continued code assessment.
Development Updates and Roadmap
Mutuum Finance stated through its official X channel that the V1 protocol is finalized and undergoing review by Halborn Security. A Sepolia testnet launch window will be provided following the completion of that review. V1 will include the liquidity pool design, mtTokens, a debt-tracking token and the liquidation bot, with ETH and USDT as initial testnet assets.
Additional components in development include a USD-pegged stablecoin integrated into protocol interest flows and plans for future Layer 2 expansion. These initiatives form part of the project’s broader roadmap aimed at supporting liquidity, efficiency and scalability.
Mutuum Finance reports that the combination of protocol development, security evaluations and presale activity continues to contribute to participation during Phase 6. With allocation nearing completion, attention remains on the upcoming testnet release and subsequent development milestones.
About Mutuum Finance (MUTM)
Mutuum Finance (MUTM) is a decentralized finance platform developing a lending and borrowing ecosystem supported by pooled and peer‑matched markets. The protocol integrates the MUTM token across its core functions, and its initial V1 release is planned for deployment on the Sepolia testnet as part of the project’s ongoing development roadmap.
More information about Mutuum Finance (MUTM) is available on the project’s official channels:
Website: https://www.mutuum.com
Linktree: https://linktr.ee/mutuumfinance