MiL.k (MLK): What It Is, Uses and Risks

MiL.k is a blockchain-based lifestyle point integration platform. Public descriptions say it links reward and loyalty points from different service providers so that points earned in one place can be exchanged into a common token. Search listings say the service has been running since April 2020, and a token sale tied to the project is dated May 2024 in one listing. Our data does not include a project description, so the company behind MiL.k, its governance and its full product range cannot be confirmed here. Some snippets mention money transfer and e-money services, but these are not verified in our data and should be treated as unconfirmed.

According to public descriptions, the MiL.k ecosystem lets users exchange points earned from various services for Milk Coin (MLK), which can then be redeemed for points within the ecosystem. That is the main use the sources describe. Our data does not say whether MLK has a role in staking, governance, fee payment or access to features, so this page does not describe any of those. Trading volume is meaningful compared with the market capitalization, which shows the token is actively bought and sold. Active trading is not the same as product use, though. Before assuming a use case, readers should check the project's own materials and confirm what the token does today.

At the time of writing, as of 2026-11-05, the approximate price was about $0.0385. The market capitalization was about $22.5 million, the fully diluted valuation about $38.0 million, and the 24-hour trading volume about $1.9 million. The token ranked 788th by market capitalization. Circulating supply was about 583.2 million MLK, total supply about 986.2 million, and the maximum supply is 1.3 billion, so roughly 45 percent of the maximum was circulating. Over seven days the price was down about 0.8 percent, and over one year about 53 percent. The all-time high was $3.59 on April 5, 2021, and the all-time low about $0.0295 on August 17, 2026. These figures change constantly and do not indicate where the price is heading.

Our data lists MLK as issued on Arbitrum and BNB Chain. It is not listed as the native token of either network, so it is a token built on top of those chains rather than their base currency. The categories attached to the token include BNB Chain Ecosystem and Arbitrum Ecosystem. In practice, the network a holder uses determines where the token sits and how it moves. Sending MLK on the wrong network, or to an address that does not support that network, can result in lost funds. Moving tokens between chains usually depends on a bridge or a wrapped version, and each bridge adds its own technical and security risk. Readers should confirm which network a deposit or withdrawal uses before sending anything.

The main risk is price. The token is down about 53 percent over the past year and reached a record low in August 2026, so its value has been unstable. Market capitalization is modest, and a relatively small amount of selling can move the price. The project's product and documentation are not fully described in our data, which makes the token harder to assess than an asset with clear public disclosures. Scam tokens often copy the name and symbol of established projects, so readers should confirm the contract address through the project's official channels and not through unsolicited links or messages. For storage, a self-custody wallet that supports the correct network is one option, and a hardware wallet adds protection for larger holdings. Never share a seed phrase or private key with anyone. This page does not offer investment advice.