New Crypto Mutuum Finance (MUTM) Highlights V1 Protocol Performance With Over 19,000 Investors

Mutuum Finance (MUTM) has released positive performance data for its V1 protocol, currently in public testing on the Sepolia testnet, confirming its internal mechanics function correctly, including interest accrual via its interest-bearing mtToken system. The project has attracted over 19,000 investors and raised more than $20.7 million to finalize its non-custodial lending engine, which uses smart contracts to eliminate intermediaries.

The protocol manages risk through over-collateralization using a Loan-to-Value (LTV) ratio, protected by an Automated Liquidator Bot to maintain solvency. Borrowers benefit by accessing funds without selling their collateral, thus retaining ownership and potential appreciation. Security validation includes audits from Halborn Security and a high safety score from CertiK.

Future roadmap plans include a buy-and-distribute mechanism where platform fees purchase and redistribute MUTM tokens to stakers in the Safety Module, acting as a decentralized insurance fund. They also plan to introduce a native, over-collateralized stablecoin to enhance capital efficiency for its growing investor base.

(Source：BeInCrypto)