Mutuum Finance (MUTM) is quietly making strides in the DeFi space, moving from concept to live product testing. The Ethereum-based platform, which allows users to lend and borrow crypto assets via liquidity pools, confirmed that the first version of its lending and borrowing protocol will launch on the Sepolia testnet in Q4 2025—a key milestone in its roadmap.

What Mutuum Finance Offers

Mutuum Finance targets both passive investors and crypto borrowers. Its primary Peer-to-Contract (P2C) model allows users to deposit assets like ETH or USDT and receive 1:1 mtTokens in return, which automatically accrue interest over time. These ERC-20 mtTokens can be transferred freely while still earning yield, and staked tokens also generate dividends in MUTM, sourced from a portion of platform fees used to support token demand.

For users seeking customization, the Peer-to-Peer (P2P) lending option allows direct lending agreements with tailored terms. P2P pools also expand asset options to include niche tokens, such as memecoins like DOGE or SHIB, providing broader opportunities for earning yield.

Q4 2025 Testnet Launch

The upcoming Sepolia testnet launch will allow the community to interact with liquidity pools, mtTokens, debt tracking, and a liquidator bot in real conditions. Core mechanisms like interest rate adjustments and fee distribution to stakers will also be tested. The first phase will focus on ETH and USDT, with additional tokens to be integrated later.

The testnet launch is crucial for building user trust and refining the protocol ahead of mainnet deployment, especially as Mutuum Finance remains in its presale phase. With over $17 million raised and more than 16,800 MUTM holders, the project has already demonstrated substantial market interest.

Presale Momentum and Token Performance

MUTM is currently priced at $0.035 in Phase 6 of its presale, which is already 60% sold. The upcoming Phase 7 will raise the price to $0.04, a 20% increase, while the eventual launch price is set at $0.06, reflecting a 600% increase from the initial presale. Investor engagement is further incentivized via a Top 50 leaderboard, with token bonuses awarded to top holders.

Mutuum Finance has completed a CertiK smart contract audit, earning a Token Scan score of 90 and a Skynet audit score of 79, reinforcing the platform’s technical credibility.

Looking Ahead

Beyond the testnet, the team plans Layer 2 integration to improve transaction speed and reduce fees, introduction of an over-collateralized stablecoin, and multi-chain expansion. These upgrades aim to broaden adoption and enhance the platform’s utility in a competitive DeFi landscape.

With its testnet launch on the horizon, Mutuum Finance is moving from promise to practice, offering early investors a first glimpse of its lending and borrowing ecosystem while continuing to build momentum in its structured presale.