Assets can not only be used for lending, but also for staking, trading, and governance, truly achieving 'multiple uses for one token'. Dolomite was born in 2018 and is the first decentralized exchange on Loopring. It has now evolved into a modular DeFi protocol that integrates functionalities such as lending, leveraged trading, spot trading, and strategy deployment, supporting over a thousand kinds of assets. Its core innovation, 'virtual liquidity', allows assets to retain their original rights during lending or trading—staking rewards, voting rights, and income are executed simultaneously, achieving multiple uses for one token and doubling efficiency.
On April 24, 2025, Dolomite officially launched the DOLO token issuance (TGE), with a total supply of 1 billion tokens, approximately 20% (200 million tokens) distributed through community airdrops, while the rest is used for active user rewards, liquidity incentives, team and ecosystem funds. On the day of TGE, about 405 million tokens entered circulation, with an initial market value of approximately 24.3 million USD.
DOLO is an ERC-20 token issued on Berachain through a lock-mint mechanism, and achieves multi-chain interoperability with Ethereum, Arbitrum, and others through Chainlink CCIP. Its economic model includes a three-in-one mechanism of DOLO, veDOLO, and oDOLO: DOLO is used for trading and providing liquidity, veDOLO is a time-locked governance token that grants voting rights and protocol profit sharing, and oDOLO incentivizes liquidity providers and can be discounted and converted into veDOLO.
In addition to its intrinsic mechanisms, Dolomite distributes DOLO to loyal users through the Binance HODLer Airdrop project and will launch trading in August 2025, opening various trading pairs and leverage functions, rapidly enhancing liquidity and exposure.
DOLO is not just a simple token—it is the 'power engine' of the Dolomite modular DeFi ecosystem, integrating capital efficiency, governance participation, and cross-chain operations; its innovative 'three-token structure' opens a new template for users to participate in decentralized finance. Perfectly share your DeFi insights to let more people recognize this new star of DeFi.
#Dolomite @Dolomite_io $DOLO