What Is DOLO (Dolomite)?
Dolomite (ticker: DOLO) is a decentralized finance (DeFi) token native to the Dolomite protocol — a DeFi platform that supports:
Lending & borrowing
Spot trading
Margin trading
Capital-efficient DeFi strategies using virtual liquidity
Dolomite’s design lets users retain staking rewards, governance rights, and other benefits even while using assets as collateral — unlike many older lending platforms. �
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The ecosystem uses three main tokens:
DOLO – the base utility and governance token
veDOLO – locked DOLO for governance and rewards
oDOLO – incentives for liquidity providers that convert into veDOLO
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💰 Token Economics (Tokenomics)
Total supply: 1,000,000,000 DOLO
Circulating supply: ~441 million DOLO (varies with markets)
Max supply: 1 billion DOLO
Market cap & rank: Listed among mid-to-smaller cap DeFi tokens (rank fluctuates with price and trading volume)
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CoinMarketCap
DOLO distribution highlights (from launch info):
Community incentives and rewards — significant portion
Team, investors, and protocol allocations vested over time
Part of the supply earmarked for airdrops and liquidity mining
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coinengineer.net
📈 Price & Trading
DOLO trades on multiple platforms including decentralized exchanges (DEXs) and centralized exchanges (CEXs). Price data such as current value, market cap, and trading volume change frequently — see platforms like CoinMarketCap or CoinGecko for live figures. �
CoinMarketCap +1
A recent approximate price from CoinGecko showed 1 DOLO ≈ ₨18.44 (Pakistani Rupee) — but this fluctuates with market conditions. �
CoinGecko
🎯 How DOLO Is Used
DOLO’s main utilities include:
✅ Governance – holders can participate in protocol decisions (especially when holding veDOLO). �
✅ Liquidity & trading – DOLO is used to provide liquidity and trade on exchanges. �
✅ Incentives & rewards – liquidity providers and platform contributors earn oDOLO or veDOLO. �
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Binance Academy
🎁 Airdrops and Launch Highlights
Dolomite executed notable airdrop campaigns, including on Binance’s HODLer Airdrop program where eligible BNB holders received DOLO tokens as rewards — boosting awareness and liquidity. �
AInvest +1
⚠️ Risks & Considerations
DeFi tokens like DOLO can be volatile, with price swings tied to sentiment, listings, and protocol performance. �
aicoin.com
Understand the project’s whitepaper and roadmap before investing — this is not financial advice.
