Dolomite Review 2026: Money Market With 1,000+ Assets

Dolomite is a decentralized lending and borrowing platform that DefiLlama describes as a next-gen money market and DeFi prime brokerage. It has been listed since October 2022 and shows roughly $185 million in total value locked across seven chains.

Its main pitch is breadth. The homepage says it is the only lending platform supporting over 1,000 unique assets, with borrowing available against 100+ assets. It adds tools such as isolated borrow positions, one-click Zap actions and curated yield strategies.

The project has its own token, DOLO, with veDOLO and oDOLO used for governance and rewards. The homepage lists six audits and an open bug bounty, though leveraged strategies remain risky no matter how many audits a protocol has.

Dolomite is a money market. Lenders deposit assets into pools and earn a supply APY paid by borrowers. Borrowers post collateral, take a loan against it up to a maximum loan-to-value, and pay a borrow APY. If collateral value falls below the liquidation threshold, the position can be liquidated and a penalty applies.

The platform keeps each borrow position separate, so one position being liquidated does not touch the others. Zap lets users swap, loop or repay inside a position using integrated DEX aggregators, all in one transaction.

On top of this, Dolomite offers curated strategies, such as looped positions on GMX-related assets or staked tokens. These borrow against collateral repeatedly to raise exposure and yield, which also raises risk. The DOLO, veDOLO and oDOLO token system handles rewards and governance.

Dolomite's full fee schedule is not published publicly reviewed. The homepage shows example market data for ETH: a 4.87% supply APY, 2.75% borrow APY, 90% max LTV, 86.96% liquidation threshold and 5.00% liquidation penalty. These are sample figures and change with market conditions.

Beyond interest rates, users also pay network gas fees on the chain they use, and swaps through Zap may involve DEX aggregator routing costs. Current rates, protocol fees and any reward terms appear in the app before a transaction is confirmed.

The homepage says the core and module contracts have had six independent audits, by OpenZeppelin, Bramah Systems, SECBIT Labs, Cyfrin, Zokyo and Guardian, and that production contracts maintain 100% line, statement and branch coverage. It also describes an open bug bounty. DefiLlama lists two audits, so the numbers differ by source. Audit details should be checked in the docs.

Users keep custody through their own wallets, but they take on smart-contract, oracle and liquidation risk. Looped strategies on volatile or niche assets are riskier than plain lending. The project does not include any incident history, so none is reported here. This is not financial advice.

Dolomite is for intermediate and advanced DeFi users who want to lend, borrow or run leveraged strategies on assets that larger money markets may not support. Newcomers can use basic lending, but should avoid looped strategies until they understand liquidation.