Mutuum Finance Clears Major Security Milestone as Presale Tops $19 Million

2026-01-11 companies

Dubai, Sunday, 11 January 2026.
With nearly $20 million raised in presales, Mutuum Finance solidifies its technical roadmap by finalizing a critical Halborn security audit, paving the way for its imminent V1 testnet launch.

Fortifying Protocol Security

As of January 10, 2026, Mutuum Finance (MUTM) officially finalized its independent security audit with Halborn Security, a requisite step before its scheduled V1 protocol release [1][2]. This comprehensive review examined the integrity of the platform’s smart contract code, specifically focusing on interest rate mechanisms, liquidation logic, collateral management, and repayment safety [3][4]. The completion of this audit complements the project’s broader security framework, which already includes a CertiK evaluation score of 90/100 and a live $50,000 bug bounty program designed to identify potential vulnerabilities prior to mainnet deployment [1][3].

A Hybrid Lending Architecture

The Dubai-based firm is engineering a dual-market structure that integrates Peer-to-Contract (P2C) and Peer-to-Peer (P2P) lending models [1][4]. In the P2C environment, lenders deposit assets into shared liquidity pools to earn yield through mtTokens, while borrowers access funds by providing collateral within strict Loan-to-Value (LTV) limits [1][4]. Simultaneously, the P2P market offers a more flexible environment where counterparties can directly negotiate loan terms, matching lenders and borrowers with customizable parameters [1]. The upcoming V1 release on the Ethereum Sepolia testnet is set to operationalize these features, including the Liquidity Pool, Debt Token, and Liquidator Bot functionalities [2].

Presale Economics and Market Participation

Investor interest in the protocol has been substantial, with fundraising totals reaching approximately $19.7 million from over 18,800 participants as of early January 2026 [6][7]. The MUTM token presale is currently in Phase 7, priced at $0.04 per token [1][2]. This valuation represents a significant appreciation for early adopters; since the presale began in early 2025 at an entry price of $0.01, the token has experienced a price increase of 300% [1][4]. Despite this growth, the current price point remains below the projected listing price of $0.06, incentivizing continued participation as the project moves toward its next development phase [2].

Roadmap to Mainnet and Beyond

With the security audit complete, Mutuum Finance is preparing for its Q1 2026 launch on the Sepolia testnet, where it will initially support assets such as ETH and USDT to mitigate early volatility [2][8]. Following the testnet phase, the roadmap outlines a transition to mainnet deployment and the eventual introduction of a proprietary stablecoin backed by borrower interest and collateral frameworks [1]. Furthermore, the technical strategy includes future expansion into Layer-2 networks, a move intended to enhance transaction speeds and reduce network fees for users [1][3].

Sources

Financial Technology Security Audit