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π DeFiπ’ BullishImportance 4/10
New Crypto Mutuum Finance Crosses $150M TVL in Testnet Liquidity
π€AI Summary
Mutuum Finance, a decentralized lending and borrowing protocol operating on Sepolia testnet, has surpassed $150 million in testnet total value locked (TVL). The protocol's MUTM token is currently priced at $0.04, with the team announcing ongoing development and a new feature release scheduled for next week.
Key Takeaways
- βMutuum Finance has crossed $150 million in testnet TVL while operating on the Sepolia testnet.
- βThe protocol focuses on decentralized lending and borrowing services in the DeFi space.
- βMUTM token is currently trading at $0.04 per token.
- βThe team has announced a new feature scheduled for release next week.
- βThe protocol is still in testnet phase, indicating it has not launched on mainnet yet.
Read Original βvia BeInCrypto
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