Dolomite (DOLO) is a multi-asset decentralized finance (DeFi) protocol that offers users integrated services such as borrowing, lending, and margin trading. Operating across networks like Arbitrum, Ethereum, and Berachain, Dolomite ensures cross-chain compatibility through Chainlink’s CCIP technology. The platform stands out with support for over 1,000 assets, dynamic collateral management, and advanced features like “Smart Debt.” The ecosystem’s native token, DOLO, is used for liquidity provision, governance, and incentive mechanisms, while derivative tokens like veDOLO and oDOLO enable long-term participation and revenue sharing. With its user-friendly interface and innovative structure, Dolomite is recognized as a prominent project in the DeFi space.
DOLO has seen a 13.12% increase in the past 24 hours and, at the time of writing, ranks among the top-performing assets of the day.
A major global exchange recently announced that it will list USDT-margined perpetual futures contracts for Dolomite (DOLO) with up to 50x leverage. Trading for these contracts will begin on April 30 and May 1. The exchange stated that the contracts will support multiple collateral assets and be integrated into its Copy Trading system. The price of DOLO may have surged following the announcement
