Mintlayer (ML) — price, funding and open interest
ML/USDT perpetual on BingX · MEXC: price 0.005519, 24h turnover $53K. Updated in real time.
What this is
Decentralised financeMintlayer builds a layer over bitcoin so that familiar things from the Ethereum world work there: token issuance, peer-to-peer swaps, applications. The direction is fashionable — a whole layer is being built around bitcoin because that is where the market's deepest liquidity sits. What this shows: the difficulty is that bitcoin is deliberately limited, and every layer adds its own security assumptions; read who holds the bridge keys. Here it trades on BingX spot.
Chart
Chart built from data of MEXC
ML unlocks
Our sources have no unlock schedule for this coin. 57.2 % of the issued supply is in circulation per CoinGecko; the rest may be locked or not yet issued.
Net issuance will appear once our supply ledger covers 30 days.
Supply figures are from CoinGecko, updated once a day. We do not take unlock schedules from trackers.
What the data shows
ML trades at 0.005519. Over 56 days it ranged between 0.005321 and 0.006240; the price now sits in the lower third of that range — 21% of the way from the yearly low to the high.
All-time high is 0.006240 (August 2026); the price is 12% below it now.
24-hour turnover is $53K — percentile 95 for the year: noticeably busier than usual.
The daily range is 6.5% and five-minute NATR is 0.21%. That range is at percentile 96 for the year — an unusually wide day.
ML correlation with Bitcoin over 24 hours is -0.14 — it goes its own way, barely looking at Bitcoin.
Traded on 2 venues: BingX, MEXC — the price is cross-checked across several sources.
Over the day -2.02%, over the hour 0.00%, over the last five minutes +0.16% — it moved livelier an hour ago and has since gone quiet.
By turnover it ranks 1683 of 2074 instruments in the screener.
By daily range it ranks 529 of 2074.
NATR is 0.15% on the minute and 0.65% on the hour — the move is even, without sharp excursions inside the hour.
Built from current numbers and the coin's own year of history. Updates with the data.
Our observations
KairoRight now ML is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — decentralised finance. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.