On 4 May 2026, Mintlayer announced the decommissioning of the original ERC20 $ML token and introduced a migration path for holders. On 21 September 2026, the final deadline for the migration was confirmed as 1 November 2026. This deadline was definitive and was not extended.
The deadline has now passed, and the migration is closed.
Final migration figures
The migration tool closed permanently on 1 November 2026. The final processing run completed on 2 November 2026. In total, 2,673 claims were processed and 335,361,468.029172 ML were migrated from the original ERC20 token to native ML on Mintlayer mainnet, corresponding to 83.84% of the original 400,000,000 ML supply.
Unmigrated tokens
The remaining 64,635,684.510828 ML, corresponding to 16.16% of the original supply, were not migrated. As confirmed in September, these tokens have not been burned. Ownership remains with the respective holders, as recorded on the Ethereum blockchain.
The migration tool at token.mintlayer.org/migration is now permanently closed, and no further migrations can be processed.
Exchanges
Users who held $ML on participating exchanges did not need to take any action. Exchanges migrated balances on their behalf through the migration process.
What comes next
As announced in September, Mintlayer will introduce a new permanent bridge connecting Mintlayer with Ethereum and other EVM-compatible networks. Once live, the bridge will enable transfers in approximately 10 minutes. The bridge will be introduced together with a new ERC20 representation of $ML.
Technical documentation, supported networks, security details and the official contract address will be published through Mintlayer's official channels ahead of launch.
