diff --git a/public/locales/en-US/translations.json b/public/locales/en-US/translations.json
index bf49cd4b1..08cae7d73 100644
--- a/public/locales/en-US/translations.json
+++ b/public/locales/en-US/translations.json
@@ -461,6 +461,7 @@
   "burnable": "Burnable",
   "only_xrp": "Only XRP",
   "transferable": "Transferable",
+  "mutable": "Mutable",
   "buy_offers": "Buy Offers",
   "sell_offers": "Sell Offers",
   "offer_index": "Offer ID",
diff --git a/src/containers/NFT/NFTHeader/Settings.tsx b/src/containers/NFT/NFTHeader/Settings.tsx
index 185143dce..0e0195eb3 100644
--- a/src/containers/NFT/NFTHeader/Settings.tsx
+++ b/src/containers/NFT/NFTHeader/Settings.tsx
@@ -14,6 +14,7 @@ export const Settings = ({ flags }: Props) => {
   const transferable = flags.includes('lsfTransferable')
     ? 'enabled'
     : 'disabled'
+  const mutable = flags.includes('lsfMutable') ? 'enabled' : 'disabled'
 
   return (
     <table className="token-table">
@@ -21,6 +22,7 @@ export const Settings = ({ flags }: Props) => {
         <TokenTableRow label={t('burnable')} value={burnable} />
         <TokenTableRow label={t('only_xrp')} value={onlyXRP} />
         <TokenTableRow label={t('transferable')} value={transferable} />
+        <TokenTableRow label={t('mutable')} value={mutable} />
       </tbody>
     </table>
   )
diff --git a/src/containers/NFT/NFTHeader/test/Settings.test.js b/src/containers/NFT/NFTHeader/test/Settings.test.js
index 40a92b5ed..bc3d12ada 100644
--- a/src/containers/NFT/NFTHeader/test/Settings.test.js
+++ b/src/containers/NFT/NFTHeader/test/Settings.test.js
@@ -19,8 +19,8 @@ describe('NFT Setttings container', () => {
 
   it('renders defined fields', () => {
     const { container } = renderSettings()
-    expect(container.querySelectorAll('.row').length).toEqual(3)
+    expect(container.querySelectorAll('.row').length).toEqual(4)
     expect((container.textContent.match(/enabled/g) || []).length).toEqual(2)
-    expect((container.textContent.match(/disabled/g) || []).length).toEqual(1)
+    expect((container.textContent.match(/disabled/g) || []).length).toEqual(2)
   })
 })
diff --git a/src/containers/shared/test/transactionUtils.test.ts b/src/containers/shared/test/transactionUtils.test.ts
new file mode 100644
index 000000000..f4502c0cc
--- /dev/null
+++ b/src/containers/shared/test/transactionUtils.test.ts
@@ -0,0 +1,27 @@
+import { Transaction } from '../components/Transaction/types'
+import { buildFlags } from '../transactionUtils'
+
+const buildNFTokenMint = (flags: number): Transaction =>
+  ({
+    tx: {
+      TransactionType: 'NFTokenMint',
+      Flags: flags,
+    },
+  }) as unknown as Transaction
+
+describe('transactionUtils buildFlags', () => {
+  it('decodes NFTokenMint type-specific flags', () => {
+    expect(buildFlags(buildNFTokenMint(0x00000001))).toEqual(['tfBurnable'])
+    expect(buildFlags(buildNFTokenMint(0x00000008))).toEqual(['tfTransferable'])
+  })
+
+  it('decodes the tfMutable flag (XLS-46 dynamic NFTs)', () => {
+    expect(buildFlags(buildNFTokenMint(0x00000010))).toEqual(['tfMutable'])
+  })
+
+  it('decodes multiple NFTokenMint flags including tfMutable', () => {
+    expect(
+      buildFlags(buildNFTokenMint(0x00000001 | 0x00000008 | 0x00000010)),
+    ).toEqual(['tfMutable', 'tfTransferable', 'tfBurnable'])
+  })
+})
diff --git a/src/containers/shared/transactionUtils.ts b/src/containers/shared/transactionUtils.ts
index 6b3c4900c..69e43d836 100644
--- a/src/containers/shared/transactionUtils.ts
+++ b/src/containers/shared/transactionUtils.ts
@@ -82,6 +82,7 @@ export const TX_FLAGS: Record<string, Record<number, string>> = {
     0x00000002: 'tfOnlyXRP',
     0x00000004: 'tfTrustLine',
     0x00000008: 'tfTransferable',
+    0x00000010: 'tfMutable',
   },
   NFTokenOfferCreate: {
     0x00000001: 'tfSellNFToken',
diff --git a/src/rippled/lib/utils.ts b/src/rippled/lib/utils.ts
index 823870688..0e3e5b941 100644
--- a/src/rippled/lib/utils.ts
+++ b/src/rippled/lib/utils.ts
@@ -36,6 +36,7 @@ const NFT_FLAGS: FlagMap = {
   0x00000001: 'lsfBurnable',
   0x00000002: 'lsfOnlyXRP',
   0x00000008: 'lsfTransferable',
+  0x00000010: 'lsfMutable',
 }
 const MPT_ISSUANCE_FLAGS: FlagMap = {
   0x00000001: 'lsfMPTLocked',