The Mintlayer Coin

The Mintlayer Coin (ML) powers the Mintlayer network and keeps the blockchain secure at any level of scale.

Get coins on:

Mintlayer (ML)

ML

$0.257

26.63% (1d)

Market cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market cap = Current price x Circulating supply

26.54%

$16,545,735

Volume (24h)

A measure of how much of a cryptocurrency was traded in the last 24 hours.

4.74%

$2,373,899

Volume / Market cap (24h)

Indicator of liquidity. The higher the ratio, the more liquid the cryptocurrency is, which should make it easier for it to be bought/sold on an exchange close to its value.

Cryptocurrencies with a low ratio are less liquid and most likely present less stable markets.

24.26%

Fully diluted market cap

The market cap if the max supply was in circulation. Fully-diluted market cap (FDMC) = price x max supply.

If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

$154,656,754

Total supply

Total supply = Total coins created - coins that have been burned (if any) It is comparable to outstanding shares in the stock market.If the project did not submit this data nor was it verified by CoinMarketCap, total supply shows “--”.

400,000,000 ML

Max. supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.If the project did not submit this data nor was it verified by CoinMarketCap, max. supply shows "--".

600,000,000 ML

Notice: ERC20 ML tokens will be phased out. Please migrate your tokens to Mintlayer Mainnet Coins using the Migration Portal. Although the portal will remain open until January 2026, we recommend migrating your tokens as soon as possible.
Migrate ERC20 to Mainnet

Total Circulating Supply

Circulating Supply

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

The total circulating supply is comprised of both ML coin on Mainnet combined with ML tokens on Ethereum.

64,198,610 ML

Mainnet ML Coin

Circulating Supply

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

This is the circulating supply of just ML coins on the Mainnet.

64,198,610 ML

Ethereum (ERC20) ML Token

Ethereum: 0x0599...434cc6

Circulating Supply

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

This represent the circulating supply just on Ethereum.

64,198,610 ML

Mainnet ML Coin - Pools

119.01%

APY

287

Total pools

2616

Total delegations

44 604 918 ML

Total staked

41 118 529 ML

Total effective staked

Stake your ML coins

Total Supply: 434,000,000

Tokens at Launch

400,000,000 ML

Max Supply

600,000,000 ML

Coin Vesting & Unlocks

Last Total Unlocked

291,554,000

Next Unlock

09/21/2024

Next Total Unlocked Amount

303,535,000 ML

Last Coin Unlock

08/21/2024

Next Unlock Amount

The eventual total supply of ML will be 600,000,000 ML. At the launch of the mainnet, 400,000,000 ML was created.

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Pre-seed

xxx,xxx,xxx ML

Seed-sale

xxx,xxx,xxx ML

Marketing and Listing

xxx,xxx,xxx ML

Protocol Development

xxx,xxx,xxx ML

Community Incentives

xxx,xxx,xxx ML

Company Reserve

xxx,xxx,xxx ML

Team and Advisors

xxx,xxx,xxx ML

Strategic sale - Short Vesting

xxx,xxx,xxx ML

Strategic sale - Long Vesting

xxx,xxx,xxx ML

ML Coin

The ML coin serves three
essential areas

Staking

ML coin holders can participate in the blocksigner auction to stake tokens and become a weekly blocksigner. Run a node and collect transaction fees and rewards from the blocks you sign, by validating financial activity.

Ecosystem Tools

Token holders participate in the decision-making mechanism expressing their opinions on the future development of the protocol.

Community
Engagement

Token holders participate in the decision-making mechanism expressing their opinions on the future development of the protocol.

Earn 140% APY Start staking ML today!

Staking

Put your ML coins to work.

Easily staking your ML coins using our Mojito wallet and start earning more ML today. Plus run your own pool for maximum returns and complete control.  

Run a pool

Is your ML still on Ethereum?

Use the embedded migration portal below or click the button below to head to the offsite ML migration portal.

Mojito Wallet

Your Gateway to Mintlayer, Bitcoin, and Beyond

Start your journey into the MintlayerEcosystem.

Securely store your BTC, ML Coins and MLS-01 tokens with Mojito Wallet.  Easily access your fund from mobile app or browser extension.

Stake your ML coins with Mojito
Native ML Coin compatible
MLS-01 Token Compatible
Discover Mojito Wallet
FAQ

We want you to ask questions

How do I run my own staking pool?

For maximum returns and control, you can manage your own ML staking pool. This option offers the highest APY and requires your active involvement in network operations. You'll need a minimum of 40,000 ML and must run your node 24/7—ideal for those deeply engaged in network governance.

To get started, download the Node GUI and set up your pool within the application. If you encounter any difficulties, please join our Node Operators Telegram channel, where you can receive direct assistance from other node operators and our team members.

Can ML coins be used for gas fees? What coin or token is generally used for transaction fees?

Yes, ML coin can be used to pay transaction fees  on the Mintlayer blockchain. However, we are currently investigating the possibility to allows users to pay fees with ML coin or any MLS-01 token that a blocksigner will accept. This means that users will have the flexibility to choose ML or whichever MLS-01 token they want to use for transaction fees, rather than being limited to only using ML coins.

It is worth mentioning that this adaptability is based on a free-market approach. This will allows for a more diverse and flexible fee payment system on the Mintlayer blockchain.

To learn more about the uses and benefits of ML coins, visit the Mintlayer coin utility post on our blog.

How can I delegate ML Coins?

First you must have the Mintlayer Mainnet native ML coins to be able to delegate your coins. After you have acquired the coins you need to move them to Mojito Wallet Wallet Browser Extension or Mobile app. Once you have the coins on the app you can head to the Mintlayer blockexplorer and choose a pool to delegate to. For more information head to the Mintlayer Staking page.  

Do I have to download a Mojito wallet to hold my ML?

Currently, the only non-custodial light-wallet (a wallet that doesn’t require to download, store and validate the whole network) that can hold native ML coins is the Mojito Wallet. Mojito can store ML coins, MLS-01 tokens, and Bitcoin. Additionally, you can hold native ML on exchange wallets with Gate.io, MEXC, and Bitget, which are Mintlayer Mainnet compatible.

Alternatively, if you have the ERC-20 version of ML (Note: we are phasing out the ERC20 version), you can use any ERC20 wallet available like MetaMask or Trust Wallet. Some other exchanges which haven't added Mintlayer Mainnet compatibility, such as Bitmart, Poloniex, and BingX, allow you to store ML within their exchange wallets.

However, remember that only native ML coins can be staked using the Mojito wallet and Mintlayer block explorer.

What is an ML coin?

The Mintlayer Utility Coin (ML) serves as the lifeblood of the Mintlayer network, maintaining its security and functionality. The ML coin has three critical roles:

Staking: ML coin holders can partake in the blocksigner auction to stake coins and become a blocksigner for a week. By running a node, holders can collect transaction fees and rewards from the blocks they sign, thereby validating financial activity.

Community Engagement: ML coin holders are encouraged to contribute to the decision-making process, sharing their views on the protocol's future development.

Ecosystem Tools: The network incentivizes users to use ML coins to pay for fees, exclusive services, and products within the protocol.

Although you can use ML coins to pay fee’s Mintlayer's design allows it to operate without a specific gas token or coin. What this means is transaction costs can be paid by ML coins or any MLS token that is accepted by the block producer.

You can learn more about the ML Coin’s utility on our blog and the tokenomics on the ML Coin page.

What is the ML coin total supply, unlocked supply and circulating supply?

The initial unlocked coin supply is set to 15,820,000 ML. At launch of the mainnet, 400,000,000 ML was created. 200,000,000 more ML will be available in the form of block rewards until the 600,000,000 ML hard cap, expected to occur approximately 10 years after the genesis block.

Various network operations, such as minting an MLS-01 token, require the burning of a certain amount of coins. As a result, the total supply of ML tokens decreases over time, creating a deflationary economic model in the long term.

What is the Utility of ML Coins? Can I redeem my ML for anything special?

Mintlayer's ML coins are used for the proof-of-stake consensus mechanism the Mintlayer blockchain is built on. 

ML coins serve various other purposes, evolving with the development of the ecosystem. 


3 Phases of ML Coin Utility

The utility of ML coins unfolds across three phases. 

1.In the Testnet phase which has already passed, ML coins were available for developers and the public, enabling them to purchase services from RBB Lab, sponsor the ecosystem fund, and accumulate enough coins for staking once the mainnet launches. 

2. In our current Mainnet phase, ML coins are necessary for all transaction fees and executing smart contracts. Users can stake ML coins to participate in the consensus mechanism and earn block rewards. 

3. The third phase in the future, Decentralized Finance Utility, sees ML coins continue as the native coin of the expanded DeFi ecosystem.. 

For the complete and in-depth understanding of the utility of ML coins, please read the full article at the Mintlayer blog.

Where can I buy ML coins?

Mintlayer's ML coins can be obtained from several major exchanges, including Gate.io, MEXC, Bitmart, Poloniex, Bitget, and BingX. If you're interested in acquiring ML coins, you'll need to create an account with these platforms. 

At present, Mintlayer has not distributed any coins to DeFi exchanges. However Atomiq DeFi is working on the Atomiq DEX which will enable ML coins to be swapped directly with Bitcoin, Stable coins and any MLS-01 tokens.

Why is $ML on both Ethereum and Mintlayer Mainnet?

Originally, prior to the launch of our Mainnet, we decided to launch the original token on Ethereum. Since the Mainnet launch, we have begun to migrate ML over to Mintlayer mainnet and are slowly phasing out the Ethereum version of the token.

If you still have ML as an ERC20 token, we highly suggest you migrate your tokens from ERC20 to Mintlayer Mainnet coins via our migration portal. The ERC20 version of ML will still be available but will be phased out, with the migration portal open until January 2026.