Dolomite DOLO Price

What is Dolomite (DOLO)?

Dolomite, developed by Leavitt Innovations since 2018, is a decentralized money market and trading protocol that redefines capital efficiency in DeFi by integrating lending, borrowing, and trading into a seamless, composable platform. Operating on Berachain, Arbitrum, and Ethereum, it leverages a virtual liquidity system to allow users to retain asset utility—such as staking rewards or voting rights—while using them as collateral, solving the trade-off between liquidity and yield common in traditional DeFi protocols. 

Its Dynamic Collateral system enables staking, voting, and reward-earning on borrowed assets, while the Smart Debt feature allows users to swap debt or collateral (e.g., USDT for USDC) to optimize trading pairs or liquidity without withdrawing funds.

Dolomite’s modular architecture, split into an immutable core and mutable module layer, supports up to 1,000 unique assets and facilitates integrations with protocols like Aave or Camelot’s nitro pools. The Automatic E-Mode dynamically adjusts loan-to-value (LTV) ratios based on asset price correlations, enabling higher leverage for correlated assets, enhancing capital efficiency. 

The $DOLO token, alongside veDOLO (governance) and oDOLO (incentive), drives a self-reinforcing ecosystem where liquidity providers convert oDOLO to veDOLO at a discount, promoting long-term staking and protocol-owned liquidity. Features like flash loans and internal liquidity trading allow users to earn swap fees and lending yields simultaneously, as demonstrated during the 2023 USDC depeg, where users could trade virtual USDT internally to maintain system liquidity. Dolomite’s cross-chain native token, enabled by Chainlink’s CCIP, ensures seamless operations across networks, positioning it as a hub for DeFi strategies, from yield farming to portfolio hedging.

What is unique about Dolomite (DOLO)?

Dolomite’s virtual liquidity system and Dynamic Collateral allow users to earn yields and vote while borrowing, with Smart Debt enabling asset swaps for efficiency. Its modular design supports 1,000+ assets, and cross-chain $DOLO integrates lending and trading via Chainlink CCIP.

Who are the founders of Dolomite (DOLO)?

Corey Caplan (CEO) and Adam Knuckey (COO) are the co-founders, leading Leavitt Innovations’ vision for capital-efficient DeFi.

Who are the backers/investors of Dolomite (DOLO)?

Dolomite raised $2.5M from Draper Goren Holm, NGC, Coinbase Ventures, WWVentures, 6th Man Ventures, RR2 Capital, and angels like Matthew Finestone and Kyle Rojas.

Where can I buy Dolomite (DOLO)?

 MEXC, Bitget, Gate.io, BybitKraken