TL;DR
- Idea: Dolomite is a next-gen decentralized money market and DEX protocol offering integrated lending, borrowing, and margin trading with capital-efficient virtual liquidity.
- Catalyst: Dolomite’s search interest surged into CoinGecko’s top trending list, reflecting growing user engagement and TVL expansion.
- Risks: Dolomite operates in a highly competitive DeFi lending space, relies on Layer-2 ecosystems, faces potential governance centralization due to concentrated token holdings, and is subject to market volatility.
- Score: 7.00/ 10
Coin
- Name/ Ticker: Dolomite (DOLO)
- Segment: DeFi
- Status: live
- Price: $0.239000
Key Metrics
- Market Cap: $92 250 860
- FDV: $239 058 644
- Circulating Supply: 385 381 096
- Total Supply: 998 675 598
Sources
Technology
- USP: Virtual liquidity system enabling assets to serve as collateral while simultaneously earning yield and participating in trades.
- Core Technology: Modular two-layer architecture with an immutable core and upgradable modules, dynamic collateral engine, and cross-chain interoperability via Chainlink CCIP on Layer-2 networks.
Roadmap
- 2025-12-31: Bitcoin Layer-2 Launch
- 2026-03-31: CCIP Cross-Chain Positions
- 2026-06-30: Permissionless Market Listings
- 2026-09-30: Mobile-First App Upgrade
Team & Investors
Team
- CEO & Co-Founder — Corey Caplan: Engineering and finance background, 8+ years in crypto and software development.
- COO & Co-Founder — Adam Knuckey: Web and full stack development, co-founded Dolomite in 2018, 7+ years in DeFi.
- Interim Business Development — Christopher Flores: Business development expertise in DeFi and blockchain partnerships.
Investors
- Coinbase Ventures — seed • 2023-04-24 • $2.50M
- Polygon (Sandeep Nailwal) — strategic • 2024-04-24 • $0.90M
- Draper Goren Holm — seed • 2023-04-24
- NGC — seed • 2023-04-24
- WWVentures — seed • 2023-04-24
- 6th Man Ventures — seed • 2023-04-24
- RR2 Capital — seed • 2023-04-24
- Matthew Finestone — seed • 2023-04-24
- Kyle Rojas — seed • 2023-04-24
Total funding: $3.40M
Tokenomics
- Utility: Used for protocol fees, governance, staking, and liquidity incentives (DOLO, veDOLO, oDOLO).
- Vesting: Core team tokens vest over 4 years with a 1-year cliff.
- Next Unlock: (0.00% of circulating)
Pros & Cons
Strengths
- High capital efficiency via virtual liquidity system
- Modular architecture enabling seamless feature upgrades
- Tri-token model aligning long-term incentives (DOLO, veDOLO, oDOLO)
- Cross-chain interoperability through Chainlink CCIP
- Deployed on multiple L2 networks (Arbitrum, Polygon zkEVM, Berachain)
- Broad asset support and deep liquidity
- Experienced founding team with proven track record
Weaknesses
- Competitive DeFi lending market with numerous alternatives
- Reliance on Layer-2 ecosystems and related network risks
- Token distribution concentration poses governance centralization concerns
- Unclear future token emission and inflation schedule
- Moderate liquidity compared to top-tier protocols
Market Signals (7d)
- TVL trend: up
- CEX volume trend: up
Price Scenarios (target: 2026-02-28)
- Bear: $0.150000 — Assumes a 35% decline from current price due to market downturn and competitive pressure.
- Base: $0.239000 — Assumes price remains at current level based on stable TVL and usage.
- Bull: $0.480000 — Assumes 2x growth driven by TVL expansion and protocol adoption curve extrapolation.
How to Buy & Store
CEX
- Bybit
- Gate.io
- Kraken
- KuCoin
- Binance Africa
DEX
- Uniswap
- SushiSwap
- Dolomite DEX
- 1inch
- PancakeSwap
Storage
- MetaMask
- Ledger
- Trust Wallet
- Coinbase Wallet
- MathWallet
Verdict
Dolomite pioneers capital-efficient DeFi infrastructure with its unique virtual liquidity and modular design, presenting significant growth potential, though it faces intense competition and governance centralization risks.
Official Links
Source: Coin Research (internal)
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