Decentralized finance, or DeFi, has unlocked a world of opportunities by removing middlemen from financial services. Yet most lending and borrowing platforms still have one big limitation: they only support a handful of major tokens. If you hold niche assets or long-tail tokens, you’re usually left with two choices — sell them or let them sit idle.
Dolomite is changing that. As the only lending and borrowing platform that supports more than one thousand assets, it is opening the door to a truly inclusive DeFi economy. And it isn’t just about numbers. Dolomite is also rethinking how capital works in DeFi, giving users more flexibility, efficiency, and control.
A Platform Built Around Freedom
The vision behind Dolomite is simple: allow users to do more with the assets they already hold. Instead of confining functionality to blue-chip tokens like ETH or stablecoins, Dolomite makes room for a wide range of tokens, including governance assets, staked derivatives, and emerging project tokens.
In practice, this means you can lend, borrow, or trade without having to give up your rights to participate in governance, staking, or other native features of your tokens. Dolomite keeps those rights intact, while unlocking liquidity at the same time.
How Dolomite Works
Modular by Design
Dolomite is built in layers. At the center is a secure, unchangeable core that protects the integrity of the system. Surrounding it are modular layers that can be updated or expanded. This ensures the platform is both reliable and adaptable as DeFi continues to evolve.
Virtual Liquidity
Instead of forcing assets into a single use case, Dolomite treats deposits as part of a shared balance. That balance can simultaneously serve multiple purposes — earning interest, backing a loan, enabling a trade, or even maintaining governance power. It’s like putting your money to work in several places at once, without moving it around.
Smarter Borrowing
Dolomite gives users the freedom to choose which assets they want to use as collateral. Borrow positions are isolated, so one risky trade won’t threaten your entire account. You can even run multiple borrow positions side by side, each with its own setup.
Trading Tools
On top of lending and borrowing, Dolomite also supports spot and margin trading. Features like Zap make it easy to adjust your portfolio or manage risk in a single step, without juggling multiple transactions.
Token Ecosystem
Dolomite is powered by its native tokens:
DOLO is the main governance and utility token.
veDOLO gives extra voting power and rewards to those who lock their tokens for longer.
oDOLO is used as a reward for liquidity providers and can be converted into veDOLO.
This system encourages active participation, long-term commitment, and fair governance.
Why Dolomite Stands Out
Dolomite has several qualities that set it apart from other platforms:
It supports more than one thousand assets, far beyond any competitor.
Its design allows the same asset to serve multiple purposes, maximizing efficiency.
Isolated borrow positions protect users from cascading liquidations.
Assets keep their native rights, so you don’t lose governance or staking power.
The platform is deployed across several blockchains, making it accessible to more users.
Challenges to Consider
Like all DeFi projects, Dolomite isn’t free of risks. Smart contract vulnerabilities, thin liquidity for smaller tokens, and the complexity of managing multiple tools can pose challenges. However, Dolomite’s structure shows a strong awareness of these issues, with safeguards like isolation mechanisms and robust price feeds.
Adoption and Growth
Dolomite has already gained real traction. It has secured hundreds of millions of dollars in total value locked, its native token is listed on major exchanges, and the platform is expanding across multiple chains. Community governance through veDOLO is steadily growing, reflecting an engaged user base.
A New Standard for DeFi
Dolomite is more than just a place to lend and borrow crypto. It is building an ecosystem where assets work harder, risks are better managed, and users keep control over their rights. With its unmatched asset coverage and focus on capital efficiency, it represents a new standard in decentralized finance.
For anyone holding tokens that are often left out of the DeFi conversation, Dolomite offers a chance to put them to work without compromise. And for the ecosystem as a whole, it points toward a more inclusive, flexible, and user-friendly future.