what's dolomite?
Dolomite is a decentralized money market protocol and DEX designed to provide efficient lending, borrowing, and trading capabilities across multiple blockchain networks including Arbitrum, Berachain, and Ethereum. Its primary purpose is to maximize capital efficiency for users by supporting over 1,000 unique assets through a virtual liquidity system, enabling isolated margin trading and advanced yield strategies without compromising DeFi-native rights. Key features include dynamic collateral mechanisms, proof-of-liquidity integrations on Berachain for enhanced rewards, and tools like the Starboard XP program for user engagement and progression. The platform recently handled significant liquidations during market cascades while maintaining solvency, and it offers attractive yields such as ~7.8% on USDS stablecoins. Collaborations, such as with World Liberty Fi for USD1 asset integration, aim to attract institutional capital, while assets like stBTC allow for double-dip yields combining native BTC returns with lending interest.
Dolomite's USD1 borrowing liquidity hit $35M after WLFI's $25M repayment, with $162M WLFI loans outstanding.
contract
berachain
ethereum
USD1 available borrowing liquidity on the platform reached $35 million after WLFI repaid $25 million USD1.
Has $32M USD1 and $12M USDC available for withdrawals as of April 10, 2026.
World Liberty Financial deposited $5B collateral, nearing its $5.1B cap, accounting for 82.7% TVL and 85.3% borrowing volume. Borrowed $40.7M stablecoins via USD1-USDC looping, backed by $3B WLFI collateral, with $162M outstanding loans.
Holds 5 billion WLFI tokens ($406.23M) for lending and collateral, representing 98% of all WLFI.
Borrowing against WLFI collateral sits at $292M, including $150M USDC with World Liberty.
Faces bad debt concerns from World Liberty Fi's $75M stablecoin borrow against 5% token supply. Position under scrutiny as of April 2026, with 100% utilization ($10M liquidity) preventing withdrawals; USD1 utilization sits at 83.4%, USDC at 90.19%.
Launched USDC incentive program from World Liberty Financial for USD1/USDC, bringing total APY to 14.02% (6.52% WLFI, 0.59% oDOLO) and affecting borrow costs in looping strategies.
Supply rates reach 10.66% for USDC on Ethereum, 10.43% for USD1, and 7.74% for USDT, including Merkl rewards. Borrow rates sit at ~5%.
Upgraded liquidation engine with soft liquidations feature now live, enabling more precise liquidation behavior under volatility.
Scheduled to participate in an AMA with @2themoon_global on 2026-03-12 to discuss Dolomite, capital efficiency, and DeFi perspectives.
Partners with Chainlink BUILD program and integrates with HyveXYZ for data monetization, enabling revenue from data egress fees.
Launched a Looped stcUSD strategy offering 11% APY on stablecoins with 3-9x leverage, built with Cap Money and live on Ethereum.
Platform liquidity has reached over $130 million.
Listed KDK token for borrowing on the platform.
Integrated wstETH from Lido Finance on Ethereum deployment.
Reached a new all-time high in total borrows at $50 million, with positions borrowed against a token and stablecoin looping.
Surpassed $50 million in TVL on the Ethereum instance.
veDOLO holders vote on DIP-05 for native limit orders effective March 17, 2026, and expanded borrowing features in 2026 including stop-loss/take-profit controls; voting ends April 1, 2026.
WETH borrow campaign reached $5.01M in TVL with 1.98% APR.
Added DOLO as collateral on Ethereum and Berachain deployments.
Distributes oDOLO rewards Thursdays to HONEY, USDC, BERA, WBTC, USD1, srUSD, BYUSD, and ETH.
Aave deprecates UNI, LINK, and ARB assets, while the Arbitrum instance continues to support strategies for these tokens.
Arbitrum DRIP Epoch 8 launches with 1% ARB rewards on USDC supply and up to 1.9% ARB yield on ETH borrows.
Users report technical malfunctions on the borrow pages where borrows display briefly before showing zero and the site becomes unresponsive.
Integrated SolvBTC from SolvProtocol on Ethereum as collateral for borrowing stablecoins at 3-4% interest rates across 19+ ecosystems.
The DeFi Roundtable event concluded with guests from DeFi Dojo and Blockworks Advisory, and XP rewards are now claimable for all attendees with a replay available.
Hosted DeFi Roundtable on 2026-03-07 at 1pm ET with Zyfai and Curvance, offering XP rewards to attendees.
Dolomite is listed as a Tier 1 partner of InfraredFinance, the largest protocol on Berachain with over $2B TVL at peak, alongside PayPal, BitGo, Pendle, and Euler.
Enacted DIP-04, including instant oDOLO exits on Kodiak, borrow-fee rebates, and rebalanced oDOLO emissions across chains (40% Arbitrum, 35% Ethereum, 20% Berachain, 5% Botanix); rewards available every Thursday.
Governance proposal DIP-02 modifies oDOLO incentive distribution by adding emissions to Botanix Labs and increasing Arbitrum rewards to diversify cross-chain allocations.
Governance proposal DIP-01 creates an instant swap path for oDOLO to DOLO on KodiakFi platform, enabling holders to exit at market rates through protocol-seeded liquidity.
Governance proposal DIP-03 introduces borrow-fee rebates for veDOLO holders, creating a new utility mechanism that reduces borrowing costs for governance token holders.
Launched governance vote with three proposals for veDOLO holders on BeraVote, closing April 2, 2026, covering oDOLO reward allocation and native limit orders.
Claims for DOLO token distribution to eligible LINK stakers through Chainlink Rewards Season 1 live February 26, 2026.
oDOLO rewards are distributed to holders of HONEY, USDC, BERA, WBTC, USD1, srUSD, BYUSD, and ETH.
Launched USD1 stablecoin incentive program with World Liberty Financial (WLFI) for lending integration, offering 8.71% APY (2.76% lending, 0.20% oDOLO, 4.91% WLFI rewards) and WLFI points for USD1 positions.
Stewards Inc. enters a $10M PIPE (Private Investment in Public Equity) deal.
$DOLO tokens are distributed as continuous airdrops to solvBTC stakers through SolvProtocol alongside $ASTER and $BABY tokens.
Partners with Stewards_IC for DeFi liquidity, powering World Liberty Fi Markets for institutional capital.
Corey Caplan unveils a NASDAQ move, with the platform tokenizing real-world assets to offer yield not driven by crypto speculation.
Chainlink Rewards Season 1 launches Nov 11, 2025, with Dolomite as one of nine projects distributing native tokens to LINK stakers based on Cube allocations during a one-month period (Nov 11 - Dec 9), with token claims starting Dec 16, 2025.
Lending and borrowing functionality goes live on Botanix, expanding to Bitcoin L2.
USD1 Points from World Liberty Fi are now live on the Ethereum deployment, marking the first and only onchain venue where USD1 Points can be earned.
Holders of HONEY, USDC, BERA, WBTC, USD1, srUSD, BYUSD, and ETH can claim oDOLO rewards today.
Integrates Enso Build, providing institutional-grade composable liquidity and powering zap function via Enso Finance routing.
The $DOLO Airdrop and Minerals options close on October 28 at 7:00 AM UTC.
Team will attend Chainlink SmartCon in NYC on November 4-5 at the Build to Scale Village.
Holds 47.26% Arbitrum market share, leading all lending protocols in DRiP Epoch 4.
srUSD on Ethereum offers 47.74% total APY (7.76% base lending + 39.98% oDOLO rewards) plus 0.5 points per $srUSD daily.
Holders of HONEY, USDC, BERA, WBTC, USD1, srUSD, BYUSD, and ETH can claim oDOLO rewards today.
ETH yields 3.19% APY plus 1.05% oDOLO rewards on Arbitrum, higher than Venus (1.25%), Compound (1.69%), and Aave (1.84%).
Listed as first Bera token on Binance, highlighted in Smokey's analysis of leading Berachain builders.
Deadline to claim $DOLO airdrop and execute Minerals options is October 21 at 7:00 AM UTC.
Robin Market integrates Dolomite as one of three whitelisted DeFi protocols on Berachain for automated yield generation from Polymarket positions.
Arbitrum DRIP incentives are available on the platform for GMX's GM and GLV liquidity tokens, offering looping and delta-neutral strategies.
Eau de Parfum product launches for holders of HONEY, USDC, BERA, WBTC, USD1, srUSD, BYUSD, and ETH.
Team responded within minutes to a PayPal/Paxos mint fat finger error that has been resolved.
Expanded to Ethereum chain, integrated with World Liberty Financial (WLFI) to create a lending market for USD1 with WLFI incentives.
Project listed on Binance and participated in Binance HODLer airdrop and Alpha program.
Claim deadline for $DOLO airdrops and execution deadline for minerals call options both expire on October 21, 2025, at 7:00 AM UTC, marking the end of the six-month window that opened at TGE.
$DOLO tokens distributed as airdrops to SolvBTC stakers in 2025 through partnership with SolvProtocol.
Launched DRIP szn incentive program, offering ARB rewards for borrowing ETH and DRIP rewards for USDC and ETH lenders on Arbitrum, distributed via Merkl.
Analyst recommends positioning early in Dolomite as Arbitrum infrastructure play alongside Pendle and Silo, ahead of upcoming catalysts and Q4 incentive rounds.
Platform offers 72.04% total APY for BERA lending, comprising 66.69% base lending APY and 5.35% oDOLO rewards APY.
During October 11's unprecedented market cascade that saw certain altcoins drop 75%+ in minutes, the platform processed record liquidations and incurred $191k bad debt across six markets (Arbitrum and Berachain), though liquidation fees exceeded losses and the protocol remains fully solvent with all user funds secure and operations uninterrupted.
The platform offers ~7.8% rewards for USDS on Arbitrum, identified as one of this week's top yield opportunities for the stablecoin.
New Starboard feature enables users to earn up to +60 XP through the XP program, with leaderboard rankings and Aura progression system.
stBTC can now be supplied to earn double-dip yield from both native BTC yield and lending interest from borrowers.
Collaboration with World Liberty Fi focuses on attracting new institutional capital through USD1 as the core asset.
oDOLO rewards program now supports 8 assets for suppliers: HONEY, USDC, BERA, WBTC, USD1, srUSD, BYUSD, and ETH, representing an expanded list of yield-earning opportunities.
USDC deposits now earn 10.38% total APY on Arbitrum, comprising 7.56% base lending APY plus 2.82% oDOLO rewards.
The DRIP campaign officially launched on September 3rd, with first-month ecosystem-wide results showing ETH assets returning to baseline market cap of $1.07B while DEX liquidity for ETH assets increased 16% to $14.64M, noting that the initial month operates with fewer incentives than will be distributed once the program gains more traction. oDOLO claims are now available for holders of HONEY, USDC, BERA, WBTC, USD1, srUSD, ETH, and BYUSD tokens.
Over 30M YUSD deposits earn 18% APR on the platform, representing a high-yield opportunity not previously reported in recent metrics.
New markets for Cap Money (@capmoney_) have gone live on the platform, representing a new integration expanding available trading pairs.
Integration with Cap Money brings cUSD and stcUSD to the platform, both offering diversified backing, depeg protection, and yield-bearing capabilities.
Platform upgrades its ZAP engine through new integration with EnsoBuild, bringing ultra-low slippage swaps and loops across Ethereum and Arbitrum networks.
USDS deposits on Arbitrum earn ~8.6% rewards, representing competitive yield farming opportunity.
Platform offers 5.78% APY on ETH deposits, significantly outperforming major competitors like Aave (2.03%) and Compound (1.48%), with 1.99% coming from oDOLO rewards.
A trader opens starter positions expecting upcoming lending and borrowing features to drive renewed interest in the shorter term.
Coinbase Markets adds DOLO to its platform as one of six new tokens that went live this week.
High-yield locked product launches offering 200% APR for eligible users with identity verification and trading volume requirements.
Platform joins Arbitrum's new 80M ARB incentive program (DRIP) with active ETH borrowing rewards and upcoming gmETH integration, positioning alongside major DeFi protocols like AAVE and Morpho.
Project CTO Corey Caplan serves as WLFI's CTO, establishing direct leadership connection to major upcoming DeFi protocol launch.
WLFI token launches tomorrow at 8:00 AM ET with platform serving as key infrastructure provider for the new ecosystem. NO SIGNAL
New lending partnership confirms role as primary lending/borrowing platform for WLFI, replacing AAVE, with CDP functionality for USD1 stablecoin integration. NO SIGNAL
New 3x leverage trading feature launched for DOLO and two other tokens. 3x leverage trading now available for token trading.
Binance launches trading competition with DOLO token prizes following spot market listing.
New trading competition launches on Binance with 4M DOLO prize pool.
Binance preparing dual listing with both Spot and Perpetual markets.
Large holders move 16% of circulating supply to Binance exchange, indicating significant distribution phase and potential selling pressure exhaustion.
Binance airdrop claims conclude tomorrow with remaining Asia region claims, creating temporary sell pressure before WLFI launch.
Multiple whale wallets accumulate significant positions ($1.3M, $800K, $500K) as WLFI launch approaches in 5 days, driving market cap to peak at $95-100M.
Binance listing confirmed for August 27, 2025 (16:00 UTC) with five trading pairs, preceded by HODLer Airdrop program launching in 24 hours.
CRO integration with protocol drives 50% price surge; 90% of USD1 tokens currently concentrated in Binance hot wallet 20.
WLFI launches September 1 with 20% presale token claims enabled, currently trading on major CEX premarket platforms including Binance. NO SIGNAL
WLFI terminates AAVE partnership in favor of direct collaboration with protocol; WLFI CTO revealed as founder. NO SIGNAL
Protocol offers high rewards for leveraged long positions on ETH and BTC.
$750M treasury from ALTS backs new token launch with only 5% initial float, while majority of tokens remain locked or restricted, creating potential supply squeeze conditions.
Protocol secures Coinbase listing alongside USD1 token.
Protocol reveals July security incident impacting GLP holdings; requests USDC compensation for affected users through Safe multisig distribution.