Decentralized Lending Platform Mutuum Finance on Track for Q4 Testnet

Mutuum Finance, a decentralized finance (DeFi) project built on Ethereum, is making steady progress toward its Version 1 (V1) protocol launch on the Sepolia testnet, expected in the last quarter of 2025. The platform, which focuses on non-custodial lending and borrowing, has already raised over $17. 6 million through its presale and has attracted more than 17, 300 token holders, indicating strong interest in its development. The project recently completed Phase 1 of its four-stage roadmap, which included the launch of its presale, the release of educational materials, and the establishment of a legal and compliance framework. Now, Mutuum Finance is moving into Phase 2, which will expand the platform’s functionality and prepare for the testnet launch. The V1 protocol will feature liquidity pools, mtTokens, debt tokens, and automated liquidator bots, which will form the backbone of Mutuum’s decentralized lending model. Once the testnet is live, users will be able to lend and borrow assets like ETH and USDT, with more tokens expected to be added later. This testnet phase will be crucial for performance testing, gathering community feedback, and making necessary improvements before the mainnet launch. The presale has been a significant driver of Mutuum Finance’s early success. The token, MUTM, started at $0. 01 in Phase 1 and is now priced at $0. 035 in Phase 6, representing a 250% increase. The final listing price is set at $0. 06, following a structured appreciation model. Around 70% of Phase 6 has been sold, with the price set to increase by approximately 20% in each subsequent stage. To keep the community engaged and informed, Mutuum Finance has introduced a real-time dashboard for tracking holdings and calculating potential returns. Additionally, a 24-hour leaderboard rewards the top depositor with a $500 MUTM allocation each day, encouraging consistent participation. Looking ahead, Mutuum Finance plans to integrate Layer-2 solutions to improve scalability and reduce transaction costs. The project also aims to introduce an over-collateralized stablecoin pegged to the U. S. dollar, which will facilitate more efficient lending and borrowing operations. The stablecoin will generate interest revenue for the Mutuum treasury. The project also plans to expand across multiple blockchains, positioning itself in the growing multi-chain DeFi environment. Mutuum Finance’s mtToken system will provide users with transparent, on-chain income generation opportunities. The platform’s buy-and-distribute mechanism will allocate a portion of protocol fees to repurchase MUTM from the open market and redistribute it to token stakers, reinforcing long-term value circulation. With its presale nearing completion, $17. 6 million raised, and development milestones on schedule, Mutuum Finance is poised to transition from concept to operational testing before the end of the year.