Mintlayer

Mintlayer

ML #2603
L1 Protocol Watch

Project Safety Score: 44%

Updated 20 hours, 35 minutes ago
MintlayerML
Market Cap$1645783
24hr Volume$215996
24hr Change3.2%
Price$0.00721114
Coverage: 5 buckets · 100% resolved
Concerns raised - see Red Flags below
Scoring rubric: L1 / Protocol Coin - scored on network security, adoption, dev health, economic design, governance
Track
Record
84 A
100% · medium
Developer
Health
0 F
100% · medium
Network
Security
51 CCC
100% · medium
Social
Behavioral
68 BB
60% · low
Adoption
& Liquidity
18 D
100% · high

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ML Mintlayer Details
Type
Layer 2 solution, Decentralized Finance (DeFi), Sm
Launched
2023
HQ
Not publicly disclosed
Team
Anonymous
Smart Contract PlatformDecentralized Finance (DeFi)Ethereum EcosystemReal World Assets (RWA)Proof of Stake (PoS)Bitcoin SidechainsSideChain

Mintlayer is described as a layer 2 solution focused on enabling decentralized finance using Bitcoin and the Lightning Network. The protocol is positioned to support smart contracts on Bitcoin, with the stated goal of enabling features that can lead to a decentralized exchange. The description emphasizes atomic swaps between native Bitcoin and tokenized assets minted on Mintlayer, presented as direct 1:1 swaps without intermediaries, peg-in, wrapped, or federated tokens. It also mentions support for NFTs and dapps.

The description states that users can choose any token to pay transaction fees, and that the system uses “turing incomplete” smart contracts to reduce contract failure risk. It includes an access control list for address whitelisting and blacklisting, supports multi-token transfers in a single transaction, and integrates the Lightning Network for higher transaction throughput. It further mentions programmable pools and an aim to reduce UTXO pollution. The supply cap, governance model, and founding details are not provided.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Price Chart

Contract Security

ethereum · 0x05995648375394753…
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
Source: GoPlus Security

On-Chain Facts

Total Holders
13822
Top 10 Hold
83.4%
Top 50: 87.7%
Top Holders
  • 0x05995648375394753… 42.91%
  • 0xe03aed8dfa6200292… 32.40%
  • 0x3cc936b795a188f0e… 2.84%
  • 0x9642b23ed1e01df10… 1.63%
  • 0x0d0707963952f2fba… 0.89%
  • 0x3e4e5be587fbf4ebe… 0.72%
  • 0xd97107064b8c7520a… 0.68%
  • 0x9298136ec995aefb1… 0.60%
  • 0x5f5c807dd4527ccea… 0.49%
  • 0x858da48232ea6731f… 0.28%
Source: ethplorer

View on Chain

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85%
Profile Status
Data completeness
Some data missing
High confidence

Market Stats

All-Time High$0.99
All-Time Low$0.0065
Circulating228351232
Total Supply400000000

Crypto Fear & Greed Index

Crypto Fear & Greed Index Source: alternative.me

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Mintlayer GitHub