DUBAI, United Arab Emirates — February 13, 2026 — Leads & Copy — Mutuum Finance (MUTM) has entered a new phase in its technical roadmap with the activation of its V1 protocol on the Sepolia testnet.
The move signifies a transition from early conceptual design to public system validation for the decentralized finance (DeFi) project. The protocol aims to provide a non-custodial environment for lending and borrowing digital assets, using smart contracts to manage transactions and risk without traditional intermediaries.
Mutuum Finance focuses on capital efficiency in the decentralized credit market using a dual-market architecture, offering Peer-to-Contract (P2C) and Peer-to-Peer (P2P) lending environments to accommodate diverse user needs.
The P2C model operates through pooled liquidity, where lenders supply assets like ETH, USDT, WBTC, and LINK into shared smart contract pools. Borrowers can access these funds by providing over-collateralized assets. Interest rates in the P2C model are dynamic and adjust automatically based on pool utilization.
The P2P model allows direct agreements between individual participants, enabling lenders and borrowers to negotiate specific terms, such as interest rates, collateral types, and repayment schedules. This model is suited for assets with higher volatility or those that do not fit into shared liquidity pools.
mtTokens are a key feature, serving as a digital receipt when a user supplies liquidity to the protocol’s pools. These tokens function as interest-bearing assets, increasing in value relative to the underlying asset as borrowers repay loans with interest.
The protocol incorporates a “buy-and-distribute” mechanism to link platform activity to the native MUTM token. A portion of the fees generated by lending activity is used to purchase MUTM on the open market and redistributed to participants who stake their mtTokens in the protocol’s safety module.
Mutuum Finance completed a manual security audit of its smart contracts with Halborn, a blockchain security firm, to identify and remediate potential vulnerabilities. The project also maintains a high security score from CertiK and has established a $50,000 bug bounty program.
The V1 protocol on the Sepolia testnet includes liquidity pools, mtToken issuance, debt tracking, and an automated liquidator bot.
The Mutuum Finance roadmap includes plans for a native, over-collateralized stablecoin and integration with Layer-2 networks to reduce transaction costs and improve settlement speeds. The platform also intends to use decentralized oracles, such as Chainlink, for accurate price data.
The distribution of the MUTM token began in early 2025 and is currently in Phase 7 of its presale. The MUTM token is priced at $0.04. The total supply of MUTM is capped at 4 billion tokens, with 45.5% (1.82 billion tokens) allocated for the presale.
The project reports having raised over $20.5 million and surpassing 19,000 individual holders, with more than 845 million tokens sold through the presale phases. As the project progresses through Phase 7, it moves closer to its confirmed launch price of $0.06.
With a live testnet environment and completed security audits, Mutuum Finance is positioning itself within the DeFi space as a new crypto protocol focused on building a decentralized lending infrastructure.
Source: Mutuum Finance
