DUBAI, United Arab Emirates, Dec. 30, 2025 (GLOBE NEWSWIRE) — Mutuum Finance, a decentralized finance (DeFi) project focused on lending and borrowing infrastructure, has confirmed the completion of its Halborn security audit, marking a significant milestone in the project’s development roadmap. The audit completion follows an earlier security review conducted by CertiK, reinforcing the project’s focus on protocol security and readiness ahead of its upcoming platform launch.
Mutuum Finance continues preparations for the release of its V1 protocol, which is expected to introduce the platform’s core lending and borrowing functionality.
Halborn Audit Completion
According to the team, the Halborn audit has now been fully completed, covering the core smart contracts and protocol architecture. Halborn is a well-known blockchain security firm that has audited numerous DeFi protocols, with a focus on identifying vulnerabilities, logic flaws, and systemic risks.
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With the Halborn review finalized, Mutuum Finance has completed two independent security assessments. The project previously completed a CertiK audit, achieving a strong overall security score. Together, these audits are intended to provide additional assurance as the protocol moves closer to its first public deployment.
The team has indicated that, following the completion of the Halborn audit, further updates regarding the exact V1 protocol launch timeline are expected to be announced.
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Overview of the Mutuum Finance Protocol
Mutuum Finance is developing a non-custodial lending and borrowing platform, designed to allow users to supply assets, earn yield, and borrow against collateral directly on-chain. The protocol’s initial version is structured to support decentralized liquidity provision and borrowing mechanisms without intermediaries.
The core components of the V1 protocol include:
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* Liquidity pools
* mtTokens representing supplied assets
* Debt tokens associated with borrowed positions
* An automated liquidator system The initial release is expected to support ETH and USDT as the first assets available for lending, borrowing, and collateral use.
The Mutuum Finance team has confirmed that the V1 version of the protocol is scheduled to launch on the Sepolia testnet, providing users with the opportunity to interact with and test the platform’s core features. This testnet deployment is intended to serve as a key step before broader rollout phases outlined in the project’s roadmap.
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By aligning protocol deployment with security audits already completed, the project aims to move into its next development phase with a focus on stability, transparency, and user testing.
Presale Status and Token Structure
Alongside development progress, Mutuum Finance remains in its presale phase, with the project currently in phase 7. The MUTM token is priced at $0.04, with a stated launch price of $0.06. According to project disclosures, Mutuum Finance has raised approximately $19.45 million and has attracted over 18,600 token holders to date.
The MUTM token is designed to play a functional role within the protocol’s ecosystem, with planned utility tied to platform activity rather than serving solely as a speculative asset.
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Future Development Plans
Looking beyond the initial V1 release, Mutuum Finance’s roadmap outlines several future initiatives aimed at expanding protocol functionality and efficiency. These include the implementation of a buy-and-distribute mechanism linked to protocol activity, the planned introduction of a native stablecoin, and Layer-2 optimizations intended to reduce transaction costs and improve scalability.
Additional development phases are expected to focus on expanding asset support and enhancing user experience as the platform evolves.
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The completion of the Halborn security audit represents a notable step forward for Mutuum Finance as it advances toward the launch of its V1 lending and borrowing protocol. Combined with an earlier CertiK audit, ongoing presale participation, and active development progress, the project continues to move through its roadmap with a focus on security and infrastructure readiness.
Further announcements regarding the V1 protocol launch and upcoming milestones are expected as development continues.
For more information about Mutuum Finance (MUTM) visit the links below:
