New Crypto Mutuum Finance (MUTM) Reports V1 Protocol Progress as Roadmap Enters Phase 3

Mutuum Finance (MUTM) has advanced its development by activating its V1 protocol on the Sepolia testnet, demonstrating infrastructure readiness after raising over $20.6 million. Built on Ethereum, the protocol features a dual-market mechanism: a P2C (Peer-to-Contract) market for high-liquidity assets using automated pools, and a P2P (Peer-to-Peer) marketplace for niche assets where users negotiate custom terms. The V1 testing allows community verification of mechanics like the yield-bearing mtToken system and live monitoring of Stability Factors for liquidation. The project has entered Phase 3 of its roadmap, focusing on scaling and security hardening, evidenced by a testnet TVL surpassing $190 million and security audits from Halborn Security and CertiK. Future plans include rewarding mtToken stakers with MUTM dividends and exploring cross-chain compatibility.

(Source：BeInCrypto)