Mutuum Finance: A New Player in Crypto Lending

Security Review and Protocol Features

Mutuum Finance, a rising star in the crypto lending space, has completed a security review by Halborn Security, a pivotal step for any crypto project. This review ensures the platform's ability to handle collateral, interest payments, and liquidation securely.

The protocol supports two lending models:

• Pooled Lending: Users deposit assets into shared pools, receiving mtTokens in return. These tokens represent their deposit and earned interest. Borrowers draw from these pools by posting collateral and paying interest.
• Isolated Lending: Designed for riskier assets, each loan has its own interest rates and collateral rules. If collateral value drops too low, loans are liquidated.

Key Features

• mtToken: Represents deposited assets and earned interest. When users exit a pool, their mtTokens are burned, and they receive their assets plus interest.
• Fee Recycling Mechanism: A portion of protocol revenue is used to buy MUTM tokens, which are redistributed to users staking mtTokens in the safety module.
• Layer-2 Support: Reduces latency during liquidations and lowers network costs, improving efficiency.

Security and Development

• CertiK Token Scan: Mutuum Finance scored 90/100.
• Bug Bounty: A $50,000 bounty is open to identify vulnerabilities before mainnet launch.
• Testnet Deployment: The V1 protocol will soon launch on the Sepolia network.

Presale and Community Growth

The MUTM token presale began in early 2025 at $0.01 and has progressed through multiple phases, reaching $0.04 in Phase 7. The planned listing price is $0.06.

• Total Raised: $19.8M
• Holders: 18,800+

Conclusion

Mutuum Finance is still in development, but the Halborn review marks a major milestone. As the presale advances and the V1 protocol moves into testnet, further updates are expected.