Core Insights - Mutuum Finance has launched its V1 protocol on the Sepolia testnet, marking a significant transition from planning to functional delivery, allowing users to interact with its lending framework in a risk-free environment [1][3] - The activation of the V1 protocol enhances confidence among early participants and aligns with the project's long-term vision of establishing a professional, non-custodial lending and borrowing hub [3] Company Overview - Mutuum Finance is a decentralized liquidity protocol aimed at facilitating digital asset lending through smart contracts, providing a transparent environment for users to earn yield or access liquidity while retaining asset ownership [4] Technical Features - The protocol operates with a dual-market structure, featuring two lending models: Peer-to-Contract (P2C) and Peer-to-Peer (P2P) [5][6] - The mtToken system serves as a digital receipt for liquidity supplied, functioning as interest-bearing assets that increase in value as borrowers repay loans with interest [7] - Automated risk controls, including an Automated Liquidator Bot and clear Loan-to-Value (LTV) limits, are implemented to maintain protocol safety [8] Roadmap Progress - The V1 launch signifies the beginning of Roadmap Phase 2, allowing user interaction with the core lending engine and testing of mtToken issuance in a risk-free environment [9] - The development team emphasizes the importance of this phase for data collection and performance fine-tuning before mainnet deployment [10] Financial and Token Distribution - As of February 2026, Mutuum Finance has raised over $20.5 million through a structured presale, with a community of over 19,000 holders and a total supply of 4 billion tokens, of which 45.5% (1.82 billion) is allocated to the presale [11] - The token is currently priced at $0.04 in Phase 7, with a confirmed launch price of $0.06, and supports direct card payments alongside crypto transfers [12] Future Plans - Plans include launching an overcollateralized stablecoin, integrating with Ethereum Layer-2 networks for improved scalability, and implementing a buy-and-distribute model for MUTM tokens [13]