New Crypto Mutuum Finance (MUTM) Nears Roadmap Phase 2 Completion Following Halborn Audit

(MENAFN- GlobeNewsWire - Nasdaq) DUBAI, United Arab Emirates, Jan. 04, 2026 (GLOBE NEWSWIRE) -- Mutuum Finance (MUTM), a decentralized finance project developing a non-custodial lending and borrowing protocol, has reported progress toward the completion of Phase 2 of its roadmap following the completion of a Halborn security audit. The update aligns two parallel tracks in the project's rollout: security review milestones and scheduled development delivery.

Mutuum Finance has stated that Phase 1 of its roadmap is fully completed and that Phase 2 is close to completion, with remaining items described as limited in scope. In parallel, the project has indicated that Phase 3 development has already started, positioning the protocol's first public release as the next operational milestone.

Halborn audit completed for lending and borrowing smart contracts

The project confirmed that a Halborn security audit has been fully completed, covering the smart contracts and architecture linked to Mutuum's lending and borrowing functionality. Halborn is a blockchain security firm known for reviewing DeFi protocols and identifying vulnerabilities in contract logic and protocol design. Completion of the audit is being referenced by the project as a prerequisite step as it moves toward testnet deployment.

Mutuum Finance previously reported completing a CertiK audit with a high score. Together, the security assessments are being used to support the project's readiness framework ahead of broader user testing.

Roadmap Phase 2 nearing completion

Mutuum Finance's roadmap is structured across four phases: introduction, building, finalization, and delivery. Phase 2 is focused on core protocol development, including smart contract work, front-end development, back-end infrastructure, implementation of risk parameters, and the introduction of advanced protocol features.

According to the roadmap, Phase 2 is mostly completed, with two tasks remaining before it is considered finished, and Phase 3 work is already underway. Phase 3 covers testnet preparation and delivery steps such as demo deployment, beta testing, documentation finalization, and additional external security checks.

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