Mutuum Finance (MUTM) has officially launched its V1 protocol on the Sepolia testnet, marking a significant milestone for the decentralized lending project. The launch occurred on January 27, 2026, and represents the transition from concept to a functional, testable system where users can experiment with lending markets and collateral logic.
The project has raised over $20.1 million from more than 19,900 individual investors during its presale phases. The native token, MUTM, has a total supply of 4 billion tokens, with 45.5% (1.82 billion) allocated for early distribution. Over 835 million tokens have already been claimed by participants.
Security has been a cornerstone of the launch. The V1 code underwent a full audit by top-tier security firm Halborn and achieved a high score of 90/100 from CertiK. This verified security posture is cited by market analysts as a key reason for bullish sentiment.
Analysts are projecting substantial growth for MUTM, with some predictions suggesting a 500% increase following the testnet launch. A second, more aggressive forecast from technical experts points to a potential 15x appreciation from the current presale price, driven by the project's unique economic model.
The protocol's growth engine relies on two core mechanisms: the mtToken system and a buy-and-distribute model. When users lend assets, they receive yield-bearing mtTokens. A portion of the protocol's earnings is then used to buy MUTM tokens from the open market, which are distributed to mtToken holders, creating constant buy pressure and rewarding platform users.
Looking ahead, Mutuum Finance's roadmap includes the development of a native over-collateralized stablecoin and expansion to Layer-2 networks to enable near-zero gas fees and instant transactions—a move analysts believe could fuel long-term growth of up to 50x.
The project is currently in Phase 7 of its presale, with tokens priced at $0.04. This phase is reportedly selling out rapidly. The price represents a discount to the confirmed launch price of $0.06 and a 300% increase from the initial Phase 1 price. The presale has so far raised $19,980,000 from over 18,890 holders. Phase 8 will see the price increase to $0.045.
