"Blend of Mai and Lynn"
The name Mailynn is commonly a female name from the "American" origin.
Mailynn is a modern American formation built from Mai, a spelling of the element May or Mae, plus the -lynn suffix that became productive in United States girls' names in the later twentieth century. The two parts are joined without a hyphen, and the name first appears in United States birth records in 1986, which fits that pattern rather than any older naming tradition. No meaning attaches to the combination beyond the two elements themselves.
The pronunciation of Mailynn is MAY-lin.