DOLO (Dolomite) increased by 24.60% in the past 24 hours

Gate News Bot Message, January 15th, According to CoinMarketCap data, at the time of press, DOLO (Dolomite) is trading at $0.07, up 24.60% in the past 24 hours, with a high of $0.08 and a low of $0.04. The current market cap is approximately $31.9 million, an increase of $6.3 million from yesterday.

Dolomite is the first decentralized lending platform supporting over 1000 unique assets, dedicated to creating the most capital-efficient money market in the DeFi ecosystem. The platform allows users to flexibly borrow and lend over 100 assets while maintaining each position independently and securely. The three-layer token design of DOLO, veDOLO, and oDOLO works together through community rewards, protocol liquidity, and governance participation to generate aligned and compound increasing value across the network. The Zap feature integrates DEX aggregators and protocol routing into the platform, enabling users to complete trades, hedging, and collateral adjustments with one click. Dolomite Strategies offers preset yield strategies, supporting filtering by APR, risk level, or chain. The platform’s smart contracts have been audited by six top security firms including Zeppelin Solutions, Bramah Systems, SECBIT Labs, Cyfrin, Zokyo, and Guardian, with 100% test coverage. The core architecture employs a dual vault design, separating immutable architecture from active development to minimize risk and support secure iteration. Since its establishment in 2022, Dolomite has received support from top venture capital firms and has deeply integrated with leading DeFi and infrastructure partners.

Important recent news about DOLO:

1️⃣ Integration of high-profile projects drives platform value appreciation The Trump family’s crypto project WLFI launched a lending market supported by Dolomite, marking a breakthrough in application scenarios of the Dolomite platform within well-known ecosystem projects. This collaboration demonstrates industry recognition of the platform in DeFi, significantly enhancing protocol usability and network effects through integration with high-impact projects. Acceptance by renowned projects directly strengthens Dolomite’s position as a capital-efficient lending infrastructure, boosting investor confidence in its long-term prospects and creating sustained demand for the DOLO token.

2️⃣ Increased trading activity boosts market attention Recently, DOLO experienced a significant price increase, from a 62.23% rise on January 13th to the current 24.60%, reflecting positive market response to ecosystem expansion. On January 13th, trading volume reached $138 million, with market cap growing from $29.3 million to the current $31.9 million, indicating continuous inflow of capital. This trading enthusiasm further reinforces market recognition of Dolomite’s protocol value.

This message is not investment advice; please be aware of market volatility risks.