In 2025, the crypto market witnessed the rise of a dark horse - the decentralized lending protocol Dolomite (DOLO). From the airdrop expectations at the beginning of the year, to the drastic price fluctuations in the middle of the year, and then to becoming the absolute core of the Berachain ecosystem, DOLO's journey perfectly illustrates the typical narrative of a new public chain ecosystem's explosive phase.
Dolomite is not a new project; it originally operated on chains like Arbitrum. But its true rise began with a deep binding to the high-performance new public chain Berachain. In February 2025, the Berachain mainnet launched, and Dolomite quickly became the absolute leader in its lending market, accounting for over 90% of the total locked value (TVL) in lending, making it the 'financial heart' of Berachain.
### Airdrop Feast, Ignite Community Enthusiasm
In early 2025, Dolomite announced its token distribution plan for DOLO, with 20% allocated for airdrops, instantly igniting market enthusiasm. The airdrop is divided into three parts:
*10%** is aimed at 'Minerals' holders, who can purchase DOLO at a preferential price to provide initial liquidity for the protocol.
*9%** is rewarded to long-term platform users based on their lending activities and XP levels.
*1%** is allocated to reward security researchers, developers, and other community contributors.
Moreover, Binance, the world's largest cryptocurrency exchange, has also joined this carnival. On April 24, 2025, DOLO was launched on Binance Alpha, and all eligible users (with an average daily holding of over $50 and a cumulative purchase of $100 in the Alpha zone) received an airdrop of 260 DOLO. This series of airdrop activities not only accurately captured early users but also pushed DOLO's recognition into the mainstream crypto circle.
### Price Volatility and Value Discovery
The launch of DOLO was not smooth sailing. After its listing on Binance, its price experienced a dramatic roller coaster, dropping from a high of $0.3 to $0.19. However, the short-term market fluctuations did not overshadow its strong fundamentals. With the continued prosperity of the Berachain ecosystem, Dolomite's lending TVL has been steadily climbing, attracting over $3.3 billion in stablecoin loans, further solidifying its position as a core lending protocol.
### Ecological Narrative and Future Outlook
The rise of DOLO is backed by multiple favorable factors. First, Berachain's unique 'staking for mining' (Proof-of-Liquidity, PoL) mechanism incentivizes users to lock their assets in DeFi protocols long-term to earn rewards, which perfectly aligns with Dolomite's lending business. Secondly, market rumors suggest that Dolomite will collaborate with politically charged project WLFI and its stablecoin USD1, significantly amplifying its market imagination space and even attracting interest from outside capital.
Now, Dolomite is no longer just a lending protocol for Berachain; it is more like a 'financial laboratory' that supports over a thousand assets, allowing users to leverage while collateralizing assets and participating in governance. The efficient capital cycle it builds provides continuous liquidity for Berachain's DEX, stablecoin, and other ecological projects.
With the accelerated development of the Berachain ecosystem, Dolomite (DOLO) is transforming from an airdrop token into a core infrastructure with real demand and strong network effects. Its story may well be the prologue for Berachain's new public chain giant, heading towards the 'DeFi summer'.@Dolomite #Dolomite $DOLO

