If you’ve ever used a DeFi lending platform, you know the pain: you deposit your tokens to earn interest or take a loan, and… nothing else works. You can’t stake them, vote with them, or earn rewards elsewhere — your assets basically sit in a cage.
Dolomite is here to change that. Think of it as a money market that actually respects your tokens. You can lend, borrow, and earn — and at the same time, your tokens stay alive, still doing what they’re supposed to do in the DeFi world. Oh, and it supports over 1,000 different assets. Yes, seriously.
Why Dolomite Feels Different
💡1,000+ Assets: Most platforms list only a handful of coins. Dolomite lets you deposit everything from major cryptos to niche ecosystem tokens.
Dynamic Collateral: Deposit an asset and keep it productive. You can stake it, vote with it, or earn rewards — while also borrowing against it. Your tokens don’t get “locked up.”
Isolated Borrowing: Open multiple loans with different risk profiles. If one position goes south, it doesn’t drag down your other funds.
Smart Liquidity: Instead of splitting funds into separate pools (which wastes capital), Dolomite uses “virtual liquidity.” Your tokens can back lending, trading, and strategies all at once, making your capital much more efficient.
How It Works in Simple Terms
Here’s the gist:
Supply Assets – Put in your tokens, start earning interest, and still keep them active elsewhere.
Borrow Against Them – Unlock liquidity without giving up ownership or benefits.
Trade or Strategize – Use built-in margin or advanced strategies like leveraged staking.
Everything happens in a single platform, which makes it easier to manage and more flexible than traditional lending protocols.
The Dolomite Token Family
Dolomite also has its own set of tokens to keep the ecosystem healthy:
DOLO: The main token. Use it for liquidity, governance, or earning rewards.
veDOLO: Lock DOLO for governance power. The longer you lock it, the more say you have in decisions.
oDOLO: Rewards token, tied to community participation and liquidity programs.
Basically, long-term users have more influence, and active participants get extra perks.
Security You Can Feel Confident About
Dolomite has features like isolated positions and a Pause Sentinel that can freeze a single asset if there’s trouble. This helps prevent one bad apple from ruining the whole basket.
Still, like any DeFi platform, it’s not risk-free. Old contracts had vulnerabilities, so always make sure you’re using the latest official version and double-check contract addresses before interacting. Small test deposits are a smart move.
Where You Can Use It
Dolomite isn’t stuck on one chain. It’s on Arbitrum, and it’s integrating with others like Berachain. The idea is simple: wherever your tokens can earn rewards or vote, Dolomite wants to let you borrow or lend without disrupting them.
Why It Matters
At its heart, Dolomite solves a simple problem:
Dolomite says: don’t choose. Do both. Deposit your tokens, earn yield, keep governance and staking rights, and borrow liquidity — all at the same time.
It’s flexible, efficient, and built for people who want more control over their assets.
