Dolomite is a decentralized money market protocol and DEX that offers token support and capital efficiency with its virtual liquidity system. It is capable of offering over-collateralized loans, margin trading, spot trading and other financial instruments.
Funding Round: $2.5 Million
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What is Dolomite
Dolomite is a next-generation decentralized money market protocol and DEX that offers broad token support and capital efficiency with its virtual liquidity system.
Dolomite combines the strengths of a DEX and a lending protocol into the most capital efficient and modular protocol DeFi has seen yet! Dolomite is capable of offering over-collateralized loans, margin trading, spot trading and other financial instruments.
Dolomite makes hedging your portfolio, leveraging it, or unlocking dormant equity a breeze through its broad token support, capital efficiency, and non-rent seeking model for passing through DeFi rewards to users. Over time, Dolomite aims to become a hub for DeFi activity to allow other protocols, yield aggregators, DAOs, market makers, hedge funds, and others to manage their portfolios and run on-chain strategies.
DetailsRaised: 2,500,000 USD
LegalBlockchain Platform: Arbitrum
Registration country: United States
Registration year: 2018
Office address: 231 E Chestnut Ave, Metuchen, New Jersey 08840, US
Dolomite Margin launches on Arbitrum One
Dolomite joins Chainlink BUILD
Dolomite launches borrow functionality
Dolomite updates the interest rate models to be more competitive
Dolomite launches a new XP system for tracking community engagement