In the fast-moving world of DeFi, most lending and borrowing platforms let you work with only a handful of tokens. Big names like Aave or Compound usually cover the basics — ETH, WBTC, USDC, and a few more. But what if you’re holding something different? A yield token, an LP position, or some niche project token?
That’s where Dolomite comes in. It’s one of the few platforms daring enough to support over 1,000 assets — and it doesn’t just let you lend or borrow. It brings together lending, borrowing, trading, and even margin trading in one place. And the best part? You don’t lose your token’s rights while using the platform. If your staked ETH is earning rewards, or your LP token is generating yield, that continues even when you’re lending it out on Dolomite.
What Makes Dolomite Different?
Huge asset support – From blue-chip tokens like ETH and USDT to exotic yield-bearing tokens like stETH or GMX’s GLP, Dolomite gives you the freedom to use almost anything in your wallet. No other platform comes close to this scale.
All-in-one design – You can lend, borrow, earn yield, and trade on margin without hopping between different apps. One deposit powers everything.
Capital efficiency – A single asset can do multiple jobs at once: earn interest, act as collateral, and even keep its staking or governance power. Your tokens don’t sit idle.
Isolated borrow positions – You can open separate loans with different collateral. If one gets liquidated, the rest stay safe. This gives you more control over your risk.
Zap and Strategies Hub – Dolomite makes complex DeFi moves simple. Want to loop stablecoins or hedge a position? The Strategies Hub sets it up in a few clicks.
Multi-Chain Expansion
Dolomite started on Arbitrum, but now it runs across several networks including Mantle, Polygon zkEVM, OKX’s X Layer, and Berachain. This means lower fees, faster transactions, and access to liquidity in multiple ecosystems. Through Chainlink’s CCIP tech, Dolomite’s token (DOLO) can even move smoothly across chains.
Security First
In DeFi, security is everything. Dolomite’s contracts are audited by multiple firms like OpenZeppelin and Cyfrin, with 100% test coverage. More importantly, it’s non-custodial — your assets never leave your wallet or lose their on-chain utility. Even when used as collateral, you still keep staking rewards, governance rights, and yields.
The Token System
Dolomite uses a three-part token model:
$DOLO – the main utility token.
oDOLO – earned by using the platform.
veDOLO – a governance and rewards token created by locking DOLO + oDOLO together.
This system encourages long-term commitment while rewarding active users. A portion of platform revenue and governance power flows back to veDOLO holders.
In 2025, Dolomite ran a major airdrop of DOLO tokens, rewarding early users and community contributors. $DOLO is now listed on big exchanges like Binance and Coinbase, giving it even more visibility.
Why Users Care
Dolomite isn’t just another lending protocol. For everyday users, it’s:
A place to earn extra yield by supplying niche tokens.
A tool for traders to leverage and hedge across many more pairs than CEXs or other DeFi platforms offer.
A capital-efficient system where your crypto keeps working for you in multiple ways.
A safer way to manage risk with isolated borrow positions.
Put simply, it’s the kind of platform that lets you do more with the tokens you already hold.
The Road Ahead
With partnerships (Chainlink, OKX, Arbitrum Foundation), strong backers (Coinbase Ventures, Draper Goren Holm), and fast-growing adoption, Dolomite is shaping up to be a central hub in DeFi. Its vision of “Margin-Fi” — blending lending, borrowing, and margin trading under one roof — could set the standard for the next wave of decentralized finance.
✅ Bottom :
line Dolomite isn’t just another lending market. It’s a full DeFi ecosystem, built for people who want more than just blue-chip coins. With its massive token support, innovative design, and focus on keeping your assets truly yours, Dolomite is carving out a unique place in the crypto landscape.
