- Labyrinth
- Labyrinth Zone
- Lakeside Castle
- Lambdadelta
- Lanky Kong
- Lanky Kong/J. NEWMAN's version
- Larxene
- Larxene/Ultraboard101's version
- Las Vegas
- Laspacho
- Latroy6
- Launch Base Zone
- Launcher
- Lava Reef Zone
- Lavos
- Lavos/Ahuron's version
- Leaf Forest Zone
- Leafy
- Leafy/CZach111's version
- Leafy/Camren Springer's second version
- Lebert130
- Lee Rekka
- Lego World
- Lei Kugo
- Lei Kugo/Ankokunaitou's version
- Lemeza
- Lemon Restaurant
- Leon Kennedy
- Leona Heidern
- Leonardo
- Leonardo/Descolor's version
- Leonardo/Ryon's version
- Letty Whiterock
- Level Ate
- Leventhan
- Lie Meiling
- Lie Meiling/RicePigeon & Darkflare's version
- Lie Meiling/RicePigeon & Darkflare's version/Alternative palettes
- Lie Meiling/RicePigeon & Darkflare's version/Edits
- Light Labs
- Light Yagami
- Lightning
- Lightworks 1.0
- Lilith (Vanguard Princess)
- Lilith Aensland
- Lilith Aensland/Yamori X's second version
- Lilith Aensland/Yamori X's third version
- Lilligant
- Lily White
- Link (The Legend of Zelda)
- Link (The Legend of Zelda)/Ermac Won & MICROmor's version
- Link (The Legend of Zelda)/RMX, Silencer, Eikichi & Mike Werewolf's version
- Linking
- Lipsyncher Stage
- List of M.U.G.E.N file formats
- List of M.U.G.E.N versions
- Little Mac
- Little Mac/Chuchoryu's version
- Little Mac/Chuchoryu's version/Alternative palettes
- Little Mac/Chuchoryu's version/Edits
- Liu Kang
- Liu Kang/OMEGAPSYCHO's version
- Liu Kang/Shazzo's version
- Living Books
- Living Room
- Lizalfos
- Loganir
- Lol, Internet
- Lola's Apartment
- Lola Bunny
- Lola Bunny/imomj1's version
- Lon Lon Ranch
- London (Guilty Gear)
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