Crypto Lending Platform Mutuum Finance Takes Steps Forward

Introduction

Mutuum Finance, a new decentralized finance (DeFi) project, is making steady progress as it prepares for its first version launch. The platform, which focuses on lending and borrowing, is currently in the final stages of development and undergoing security checks with Halborn Security. It is also moving forward with its token distribution plan.

Platform Overview

Mutuum Finance aims to create a lending platform on the Ethereum blockchain. It offers two main types of markets:

Pooled Lending

• Users deposit assets into shared pools.
• Receive mtTokens in return, representing their share of the pool.
• mtTokens increase in value as interest is collected.

Direct Lending

• Users can set their own loan terms, such as:
• Duration
• Interest type
• Collateral ratios

This dual approach caters to different user preferences.

mtTokens: The Key to the Platform

• Issued when users supply assets to pooled markets.
• Act as interest-bearing representations of those deposits.
• Value increases as borrowers repay loans with interest.
• Simplifies yield tracking while maintaining transparency.

Protocol Revenue and MUTM Tokens

• Part of the protocol revenue will be used to buy and distribute MUTM tokens to mtToken holders.
• Aligns protocol usage with token participation.

Launch and Security

• V1 Protocol expected to launch on the Sepolia testnet in Q4 2025.
• Core components to be tested:
• Lending pools
• Borrowing logic
• mtToken issuance
• Debt tracking
• Liquidation systems
• Security is a top priority:
• External audit with Halborn Security.
• Completed CertiK token scan.
• Bug bounty program to encourage independent security researchers.

Token Distribution

• Total supply capped at 4 billion tokens.
• Approximately 45.5% of the total supply has been allocated to early distribution phases.
• Presale began in early 2025, with multiple pricing stages.
• Current token price: $0.035.
• Project has raised approximately $19.4 million.
• Over 18,600 holders.
• 24-hour leaderboard highlights daily contribution activity.
• Card payment options for easier access.

Competitive Edge

• Emphasizes structured risk parameters.
• Offers dual market options.
• Follows a cautious development path with:
• Audits
• Testnet deployment
• Layered security reviews before full launch.
• Favored by protocols that prioritize long-term stability.