Mutuum Finance Surpasses $19M Raised as Halborn Security Review Moves Forward
Dubai, UAE, November 29th, 2025, Chainwire
Mutuum Finance (MUTM) reports that Phase 6 of its token offering has reached approximately 95% allocation. The current phase includes 170 million tokens, and the token price remains at $0.035. The project states that it has raised around $19 million to date, with more than 18,200 holders participating across all phases. The planned Phase 7 price is $0.040, representing a scheduled 20% increase under the offering structure.
Participation Methods and Community Programs
Access to the offering includes support for card purchases, which the project reports are now available without limits. Mutuum Finance also maintains several community incentive programs, including an ongoing $100,000 giveaway across ten winners, a Top 50 leaderboard system and a daily reset awarding $500 in MUTM to the highest contributor at 00:00 UTC. These programs are designed to maintain engagement during the presale.
Peer-to-Contract and Peer-to-Peer Lending Models
Mutuum Finance’s protocol architecture includes both Peer-to-Contract (P2C) and Peer-to-Peer (P2P) systems.
In the P2C model, liquidity is pooled in audited smart contracts. Depositors receive mtTokens representing their proportional share of the pool, and interest rates adjust with utilization. In the P2P model, lenders can negotiate loan terms for higher-risk assets, taking on increased risk for potential returns while enabling the core liquidity pools to prioritize more established assets.
Stable-rate borrowing is available for certain assets, offering predictable repayment terms. These rates typically begin above variable rates and may be rebalanced if current supply rates fall below 90% of fully variable conditions. High-volatility tokens are excluded from stable-rate borrowing due to elevated risk.
Collateral, Liquidations and Risk Parameters
Risk management is based on collateral requirements, over-collateralization parameters and structured liquidation mechanisms. Liquidators repurchase debt at a discount to maintain pool health when collateral falls below defined thresholds.
Reserve factors range from 10% for lower-risk assets to 55% for higher-risk assets. Loan-to-value (LTV) ratios vary from 35% to 95% depending on volatility. These measures are designed to support orderly liquidations and reduce protocol exposure during market fluctuations.
Stablecoin Framework
Mutuum Finance is designing an over-collateralized stablecoin to extend protocol functionality. Approved issuers will mint the stablecoin when loans are created and burn it when loans are repaid. Governance will oversee borrowing rates to maintain the peg near $1. Arbitrage mechanisms are intended to support rebalancing when deviations occur.
Stablecoin minting, repayment and liquidation are expected to generate recurring transactional activity within the protocol.
V1 Protocol Testnet Launch in Q4 2025
According to the project’s official X account, V1 of the protocol is scheduled for deployment on the Sepolia testnet in Q4 2025. The initial rollout will include:
- Liquidity pool architecture
- mtToken mechanics
- Debt-tracking token
- Automated liquidation bot
- ETH and USDT as initial supported assets
The testnet release is intended to provide open access for evaluating functionality ahead of future mainnet deployment.
Halborn Security is reviewing the finalized contract base, and the project reports having completed a CertiK audit with a 90/100 Token Scan score.
Beta Access and Revenue-Driven Buybacks
Mutuum Finance plans to align beta platform access with the token’s public launch, allowing early interaction with the lending system. Revenue-driven buybacks form part of the token model, with a portion of protocol revenue used to purchase MUTM on the open market. Purchased tokens are redistributed to mtToken stakers in the safety module. This system ties token flows to revenue rather than inflation-based emissions.
Phase 6 Status and Development Progress
Phase 6 has reached approximately 95% allocation at the $0.035 price level. The project reports that recent large purchases have accelerated progress toward completion. Under the current offering structure, later phases are planned to progress toward a $0.06 launch price.
Mutuum Finance continues to advance its technical roadmap, including P2C and P2P lending systems, stablecoin development, pricing oracles, liquidation logic and external security reviews. With presale funding near $19 million and V1 planned for Q4 2025 on the Sepolia testnet, the project remains in an active development phase as it moves toward its next release milestones.
About Mutuum Finance (MUTM)
Mutuum Finance (MUTM) is a DeFi lending project developing a protocol that combines Peer-to-Contract and Peer-to-Peer markets with mtToken-based yield, risk-managed borrowing tools and over-collateralized stablecoin plans. The project has completed a CertiK audit, engaged Halborn Security for additional contract review and is preparing for a V1 testnet launch on the Sepolia network in Q4 2025.
For more information about Mutuum Finance (MUTM), users can visit the links below:
Website: https://www.mutuum.com
Linktree: https://linktr.ee/mutuumfinance