Mutuum Finance (MUTM), a new DeFi project building a decentralized lending and borrowing system, outlined the core components for its V1 rollout in a recent development update. The update confirms that the V1 launch will include key modules while maintaining alignment with the project’s roadmap. Analysts covering the DeFi crypto sector noted that the protocol continues to move through its planned build cycle as more technical details appear.
Two markets will operate in parallel: a pooled lending market where users supply assets and receive mtTokens reflecting their position and earned yield, and a peer-to-peer matching market for collateralized borrowing. Borrowers can draw liquidity from the pool by posting collateral at loan-to-value ratios around 60-75%, with liquidation logic protecting lenders. Both markets will share the same risk engine to maintain a unified risk framework.
An important accounting tool for the protocol is the mtToken, which records the lender’s position and reflects yield growth during the lending period. mtTokens may also be staked in the safety module to earn MUTM purchased from the open market. A portion of protocol revenue funds those purchases.
Mutuum Finance is pursuing an overcollateralized stablecoin that can be minted without selling the borrower’s assets, tying its stability to the same collateral and liquidation engine used for borrowing. Security remains a central part of the development, with an independent audit by Halborn and a 90/100 CertiK score. A $50,000 bug bounty is active to identify vulnerabilities before the system activates borrowing at scale.
V1 is scheduled for the Sepolia testnet in Q1 2026, with collateral rules, liquidation logic, pooled borrowing and lending, direct matching and risk systems included at testnet. Supported assets at launch will include ETH and USDT, after which the project will move toward mainnet preparation.
Beyond protocol development, Mutuum continues its structured token presale. The presale began in early 2025 at $0.01 and has progressed to $0.04 in presale Phase 7, with about $19.9 million raised and 18,900 holders. To date, 830 million MUTM tokens have been sold from a 4 billion total supply, with 45.5% allocated for early access; a daily leaderboard rewards the day’s top contributor with $500 in MUTM, and card payment access is available.
Mutuum Finance reveals the core components of its V1 rollout for a decentralized lending and borrowing platform. The update details two parallel markets: a pooled lending market where users supply assets and receive mtTokens reflecting their position and yield, and a peer-to-peer matching market for collateralized borrowing. Both markets will share a unified risk engine, with borrowers able to draw liquidity from the pool by posting collateral at loan-to-value ratios around 60-75%, protected by liquidation logic.
The mtToken serves as the primary accounting instrument, recording lender positions and yield growth; mtTokens may also be staked in a safety module to earn MUTM purchased from the open market. A portion of protocol revenue funds those purchases. Mutuum Finance is pursuing an overcollateralized stablecoin minted against the same collateral and liquidation framework used for borrowing, with security reinforced by an independent Halborn audit and a CertiK score of 90/100. A $50,000 bug bounty is active to identify vulnerabilities before scale.
V1 is planned for the Sepolia testnet in Q1 2026, including collateral rules, liquidation logic, pooled borrowing and lending, direct matching, and risk systems at testnet. Supported assets at launch will include ETH and USDT, with mainnet preparation to follow. Beyond protocol development, Mutuum continues its token presale, which began in early 2025 at $0.01 and has progressed to $0.04 in presale Phase 7, with about $19.9 million raised and 18,900 holders. To date, 830 million MUTM tokens have been sold from a 4 billion total supply, with 45.5% allocated for early access; a daily leaderboard rewards the top contributor with $500 in MUTM, and card payment access is available.
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