The spark
Most DeFi apps make you give something up. Either you lock your tokens and lose their rewards, or you keep rewards but can’t borrow against them. That’s the painful choice we’ve lived with.
Dolomite looks at this old trade-off and says one word: No.
Here is a platform built to let you lend, borrow, trade, and still hold onto your rights. It’s not a compromise. It’s freedom.
What Dolomite really is
@Dolomite is a lending and trading hub on Arbitrum that supports over 1,000 assets. When you deposit, your tokens don’t sit still. They become your Dolomite Balance. From this single balance you can lend, borrow, or trade… and here’s the twist… your assets keep doing what they were designed to do.
If you hold GLP or Pendle yield tokens, they still earn rewards. If you hold governance tokens, they still vote. Nothing gets stripped away just because you use them as collateral.
This is why people call Dolomite the workstation for real DeFi players.
The magic inside
Virtual Liquidity
Your deposits combine into one powerful balance. No silos. No wasted capital. Every token can be reused across the system.
Isolated positions
You can open multiple positions from one wallet. Each one has its own risk profile. If one crashes, the others survive. That’s freedom from domino-style liquidation.
Keep your native rights
This is the feature that shocks people. Your LP tokens, yield tokens, and governance tokens keep their natural powers while also becoming collateral. No platform has taken “rights preservation” this far.
Zaps that save your time
With a single click you can swap collaterals or restructure debt. The Zap shows you exactly how your position health changes before you confirm. One move. No mess.
The DOLO token: the brain of Dolomite
Max Supply: 1,000,000,000 DOLO
Circulating at launch: ~265M DOLO
Distribution: Community, airdrops, team, investors, and foundation
Why DOLO matters
Lock DOLO and you get veDOLO. That gives you the right to vote on listings, risk parameters, and incentives. It is the steering wheel of Dolomite.
Incentives flow back to DOLO holders. Governance, liquidity mining, and future revenue sharing all run through veDOLO. This is not a vanity token. It is the key.
Safety net
DeFi without safety is chaos. Dolomite invests heavy in security:
Audited by OpenZeppelin, SECBIT Labs, Cyfrin
Uses Chainlink oracles for price feeds
Has hard-coded admin caps on liquidation spreads and collateral ratios
Runs a public bug bounty process
It isn’t invincible, but it’s one of the most carefully armored protocols in the market.
The team and backers
Dolomite is built by Leavitt Innovations. In 2023 they raised $2.5M led by Draper Goren Holm and NGC. Other backers include Coinbase Ventures and 6th Man Ventures. These are names that don’t back weak experiments. They back teams that ship.
What you can do with Dolomite
Borrow against GLP, Pendle PT, or any other productive token while keeping the yield
Run multiple isolated strategies under one wallet
Margin trade directly inside the app
Zap between collaterals and debts in one step
For a DeFi user, this feels like control at your fingertips.
The risks you must face
Dolomite is powerful, but power comes with danger.
Smart contract risk: Even the best audits can’t guarantee safety
Oracle risk: A bad feed can trigger unfair liquidations
Liquidation risk: If your health factor drops below 1, your position can be liquidated fast
Cross-chain risk: CCIP is strong but no bridge is risk-free
DeFi is not for the careless. Respect the risk.
Competitors in the arena
Aave v3: Proven and secure, but you lose rights when you collateralize
Silo Finance: Every pool is isolated, but liquidity is fragmented
Radiant: Omnichain focused, but supports fewer assets
Dolomite says: why not both? Unified liquidity, per-position isolation, and asset rights intact. That’s the killer combo.
Roadmap to watch
Dolomite’s next chapters include more assets, deeper governance with veDOLO, stronger insurance systems, and cross-chain expansions. The road ahead feels wide open.
LFG
@Dolomite is not just another DeFi app. It is a liquidity freedom machine.
You don’t give up your yield. You don’t give up your votes. You don’t give up your flexibility. You get to borrow, lend, and trade across 1,000+ assets without losing a single right.
For anyone tired of compromise in DeFi, Dolomite feels like a revolution waiting to scale. And when you feel that kind of power in your wallet, you know you are not just a user. You are part of something that could reshape DeFi itself.
