Flashing fast: characterising the 2025 outburst of MAXI J1957+032

MAXI J1957+032 is an accreting millisecond X-ray pulsar that shows brief, recurrent outbursts in an ultra-compact ~1 h orbit. We characterise the 2025 outburst using X-ray timing and spectroscopy from XMM-Newton and Swift (and a late-time NuSTAR observation), together with contemporaneous optical photometry from LCO, and compare the spin frequency with the 2022 outburst. Timing searches detect coherent pulsations at ~313.6 Hz with no measurable frequency derivative during the XMM-Newton exposure. Relative to its 2022 outburst, we measure a long-term spin-down of ~-2x10^-14 Hz s^-1, consistent with magnetic-dipole braking in quiescence. The pulse profile is nearly sinusoidal, with significant power at the fundamental, second, and fifth harmonics; the fractional amplitude decreases with increasing flux and shows soft lags up to a few keV. The 0.5-10 keV spectrum is well described by absorbed thermal Comptonisation (photon index ~2.4) plus a cool blackbody (kT ~0.23 keV) consistent with emission from a surface hotspot; no reflection or Fe-line features are detected. Requiring R_m \leq R_co implies B_s ~(0.5-3)x10^8 G for d=(5 \pm 2) kpc and ξ=0.3-0.5, below the upper limit from the secular spin-down (B_p \leq 10^9 G), possibly indicating a mildly leaky propeller. The optical emission lies on the neutron-star branch of the L_OIR-L_X relation, consistent with reprocessing in a compact disc. The optical SEDs are broadly flat, while an early red excess suggests a transient jet contribution during the initial hard X-ray phase; an optical peak delayed relative to the X-rays may trace an outward-propagating heating front and rapid disc evolution in these short-lived outbursts.