A new wave of optimism is surrounding
The DeFi startup has been gaining momentum over recent weeks, with investors and analysts highlighting it as one of the most credible and actively developing presale projects in the crypto market today.
V1 Protocol Launch Marks a Major Step Forward
Mutuum Finance officially announced the launch of its V1 protocol on Sepolia, marking a major leap from concept to working product. The
“Mutuum Finance Protocol is now live. You can now access the app, explore the initial markets, and start testing the core lending & borrowing flows.”
The launch gives users the chance to explore how the platform works in a safe testnet environment, where all activity uses Sepolia test tokens instead of real crypto assets. This setup lets participants experience the full range of DeFi operations — such as lending, borrowing, and staking — while getting comfortable with the protocol’s interface, features, and built-in risk management tools.
The V1 protocol currently supports four key assets: ETH, USDT, WBTC, and LINK. Users can mint and supply these assets, use them as collateral, and borrow against their holdings to explore how the live platform will operate once on mainnet.
Core Features Now Live on Testnet
In the live version of the protocol, Mutuum’s buy-and-distribute mechanism will regularly purchase MUTM tokens from the open market and redistribute them to mtToken stakers — a system designed to create consistent buying pressure and reward long-term participants.
On the Sepolia testnet, users can already explore how this mechanism functions in practice, testing how mtToken staking and reward distribution will operate once the mainnet is launched.
When borrowing takes place, Debt Tokens are created to record each borrower’s position on-chain, tracking both the original principal and any accrued interest in real time. This system ensures complete transparency and accountability across all lending activities. To maintain stability, the protocol also features an Automated Liquidator Bot, a mechanism that continuously monitors all active loans and automatically initiates liquidations whenever collateral levels fall below the required safety margin.
Supporting this framework is the Health Factor, a critical metric that evaluates the safety of each borrower’s collateral. A Health Factor above 1.0 signals a well-secured position, while a value below 1.0 can trigger liquidation to protect liquidity providers and preserve the protocol’s overall balance.
Together, these mechanics give users a realistic and transparent preview of how Mutuum Finance’s lending protocol will function once it transitions from the testnet to mainnet.
Presale Momentum Accelerates Past $20 Million
Following the V1 launch announcement, Mutuum Finance’s presale saw renewed excitement and capital inflows. The total raised amount has now surpassed $20.25 million, with nearly 19,000 holders participating so far.
Notably, shortly after the protocol’s testnet launch, a single whale wallet contributed approximately $175,000 in one transaction — followed by over $200,000 in additional inflows within 72 hours. These figures underline the growing investor confidence in the project’s direction.
The current token price is $0.04 in Phase 7 of the presale, with a confirmed launch price of $0.06. Since its initial phase at $0.01, MUTM has already climbed by 300%, and by the time of launch, the total presale-to-market increase will represent 500% growth. Despite this rapid progress, the current phase is still viewed as a discounted entry point compared to its future valuation.
Halborn Audit Strengthens Investor Confidence
Security is one of the biggest concerns for DeFi investors, and Mutuum Finance has made it a top priority. The project’s lending and borrowing smart contracts were independently audited by
This audit adds to the credibility of Mutuum’s ecosystem, coming after the
For analysts and investors alike, these audits significantly boost trust, especially since they were completed before the mainnet launch — a sign of the team’s commitment to building securely and transparently.
Team Focused on Continuous Development
The Mutuum Finance team has made clear that its immediate focus is improving and expanding the protocol. In a recent
This commitment to ongoing improvement — rather than rushing to launch — signals a deliberate and sustainable growth strategy. The team’s development-first approach is one of the key reasons analysts are confident in the long-term potential of MUTM.
To make participation easier, Mutuum Finance has also introduced card payment support, allowing investors to buy MUTM tokens directly with debit or credit cards. A
Alongside this, the project runs a
MUTM Shows Early Leadership Potential
With a live working protocol, $20 million+ raised, and verified audits, Mutuum Finance stands out as one of the few presale projects already delivering tangible progress before listing. Analysts have taken note of this rare combination of execution and transparency — two traits that often separate short-lived tokens from long-term market leaders.
As the team continues refining its platform and preparing for mainnet, analysts believe that MUTM could emerge as one of the top-performing DeFi tokens in 2026, benefiting from strong fundamentals, early community traction, and increasing exchange interest.
Mutuum Finance’s success story is unfolding in real time. With the V1 protocol live on testnet, over $20 million raised, and security audits complete, the project is setting a new standard for transparency and early delivery in DeFi.
For now, the token remains in presale at $0.04, a price still significantly below its $0.06 launch level — offering investors a last window of discounted access before the token enters the broader market.
For more information about Mutuum Finance (MUTM) visit the links below:
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This story was published as a press release by Btcwire under HackerNoon’s Business Blogging