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News  ›  GlobeNewswire Inc.

Mutuum Finance (MUTM) Shares V1 Protocol Progress Update as Investor Base Expands Over 18,600

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Na
Mutuum Finance (MUTM) Shares V1 Protocol Progress Update as Investor Base Expands Over 18,600

Mutuum Finance, a decentralized lending and borrowing protocol on Ethereum, has completed security audits and is preparing for V1 deployment on Sepolia testnet. The project has raised $19.5M with over 18,600 holders, with MUTM token price increasing from $0.01 to $0.04 across presale phases. Initial mainnet launch will support ETH and USDT with core features including liquidity pools, mtTokens, and automated liquidations.

Insights
BMLpH   neutral

Mentioned as a previous employer of the new board member, with no specific positive or negative context


GLNK   neutral

Mentioned as planned decentralized oracle infrastructure for Mutuum Finance's price feeds. This is a factual reference to infrastructure that will be utilized with no sentiment implications regarding Chainlink itself.