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πŸ’Ž DeFi🟒 BullishImportance 4/10

New Crypto Mutuum Finance Crosses $150M TVL in Testnet Liquidity

BeInCrypto|Advertorial||5 views
πŸ€–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
  • β†’Mutuum Finance has crossed $150 million in testnet TVL while operating on the Sepolia testnet.
  • β†’The protocol focuses on decentralized lending and borrowing services in the DeFi space.
  • β†’MUTM token is currently trading at $0.04 per token.
  • β†’The team has announced a new feature scheduled for release next week.
  • β†’The protocol is still in testnet phase, indicating it has not launched on mainnet yet.
Read Original β†’via BeInCrypto
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