DUBAI, United Arab Emirates, November 30, 2025 (GLOBE NEWSWIRE) — Mutuum Finance (MUTM)a new DeFi crypto project expanding into the decentralized finance sector, has shared a new update confirming the completion of smart contracts that will power its upcoming V1 release. With the launch of Testnet planned for Q4 2025, the project is moving forward on its roadmap with measured progress while attracting continued attention from users interested in utility-focused DeFi platforms.
Basic architecture and realization of smart contracts
The finalization of smart contracts V1 marks one of the most important technical milestones in the development of the project. These contracts include the core lending engine, liquidation logic, mtToken minting system, collateral rules, and debt token processes. According to the team, these components have now passed internal review and are prepared for external analysis.
Mutuum Finance has built its architecture to support transparent and structured lending markets. The protocol aims to provide a predictable borrowing experience through collateral thresholds, interest rules and automatic liquidation guarantees. The V1 contracts having been completed, the bases are now ready for the Testnet phase aimed at validating performance in real conditions.
Mutuum Finance is designed around a dual loan structure intended to expand users’ options. The protocol includes two distinct marketplaces: one focused on automated interactions and the other aimed at creating more personalized loans. This model aims to give users more flexibility while ensuring consistent management of collateral and loan positions.
The system relies heavily on mtTokens, which represent the value of user deposits. mtTokens grow over time as borrowers repay interest, allowing depositors to earn a return based on actual usage of the protocol. This model seeks to create predictable returns without relying on external reward emissions.
The lending system is also designed to operate in different market environments by balancing collateral ratios, liquidation thresholds and interest rate adjustments. These features are central to the protocol’s long-term plan to maintain stability in various market conditions.
Support for Stablecoin and the Future Network
Mutuum Finance is preparing an on-demand stablecoin which is another important part of the future ecosystem. The stablecoin will be minted and burned based on user demand and is expected to remain pegged to the US dollar.
Stablecoins play a practical role in lending protocols by providing stable collateral options, access to predictable borrowing, and enhanced liquidity depth. Mutuum Finance wants its stablecoin to support both the lending environment and revenue structure of the protocol.
The stablecoin component will be evaluated in more detail during the Testnet period once V1 is launched, giving the team and community insight into how the system performs in real-world operation.
A key part of Mutuum Finance’s long-term development is its plan to expand into Layer 2 ecosystems. The project aims to integrate with L2 networks to improve transaction efficiency, support higher user activity and reduce costs. Layer 2 networks have become increasingly important for DeFi platforms due to their scalability and ability to accommodate higher user volumes without the delays seen on base layer chains.
Mutuum Finance intends to deploy its lending system on multiple networks after the release of V1 Testnet. This multi-chain focus is part of the project’s strategy to become a more accessible option for users looking for fast and efficient lending environments.
Strengthen security with multi-layered audits
Safety remains a major priority. Following the completion of the V1 contracts, Mutuum Finance has confirmed that Halborn Security is currently reviewing the codebase. Halborn’s audit includes analysis of contract integrity, liquidation logic, Oracle usage, and mtToken functions. Their evaluation is intended to help identify potential problems before the protocol is subject to public testing.
Earlier this year, Mutuum Finance completed a CertiK audit and achieved a Token Scan score of 90/100. Together, these audits contribute to a multi-layered security approach to ensure protocol reliability before the V1 Testnet goes live.
The platform plans to introduce a $50,000 bug bounty to incentivize developers and researchers to test the system further once the Testnet feature is launched.
Pre-sale structure and ongoing participation
Mutuum Finance’s token offering has reached several milestones since early 2025. The token launched at $0.01 and continued participation has brought the price to its current level of $0.035, reflecting a 250% increase.
The project has raised nearly $20 million so far and the number of holders has grown to more than 18,900, indicating continued community interest. Of the total supply of 4 billion, 1.82 billion tokens (45.5%) were reserved for presale and over 800 million tokens were purchased.
Mutuum Finance also uses a 24-hour leaderboard, rewarding the top participant of the day with $500 in MUTM, which keeps engagement active. The project accepts direct card payments, allowing easier participation for those new to crypto offerings.
Phase 6 continues to advance as awareness increases, and although the team has not emphasized urgency, allocation remains high with limited availability remaining at the current price level.
Outlook towards the Testnet V1 of the fourth quarter of 2025
As Mutuum Finance prepares for its next stage, the completion of V1 smart contracts represents an important signal of readiness. The project’s combination of dual lending systems, mtToken-based yield mechanisms, stablecoin integration, multi-chain ambitions and external auditing creates a solid foundation for the next version of Testnet.
With community growth, increasing funding levels, and a clear roadmap, Mutuum Finance remains a notable DeFi crypto in development towards its first functional deployment. As we approach Q4 2025, more details are expected as the team begins preparing the V1 environment for public testing.
For more information on Mutuum Finance (MUTM), visit the links below:
Website: https://www.mutuum.com
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