Dolomite (DOLO): What It Is, Uses and Risks

DOLO is the token of Dolomite, a DeFi money market that lets users lend, borrow and run leveraged strategies across more than 1,000 assets. The project runs on several chains, and DOLO is issued on Berachain and Ethereum. Public listings place the token in several groups, including decentralised exchange, exchange-related and lending categories, which reflects the range of services the project offers.

Our records do not include a launch date or a formal project description for the token, so we cannot say when it first went live or what its original design goals were. What we can say is that DOLO belongs to the lending and trading side of decentralised finance rather than to a base layer. It is not the native token of any blockchain. Readers should treat it as an application-level token tied to one protocol and check the project's own materials for details.

Our data does not spell out DOLO's exact role inside the Dolomite protocol. Tokens attached to lending platforms often serve some mix of governance, fee-related or incentive functions, but whether DOLO does any of these, and how, should be confirmed in the project's own documentation rather than assumed from this page.

We have not verified any staking, fee-sharing, voting or reward terms, so none are described here. Anyone considering the token should read the current terms directly from the project, because these features can change over time and a token's label alone does not show what it does.

The figures below are a snapshot as of 2026-11-05 and will have changed by the time you read this. The price was about $0.0229 and the market capitalisation about $11.9 million, with a fully diluted valuation of about $22.9 million. Trading volume over the prior 24 hours was about $3.5 million, and the token ranked 1,135th by market capitalisation.

Circulating supply was about 517.6 million tokens, against a total of about 998.3 million and a maximum of 1 billion. Over the past week the price fell about 2.3 percent, and over the past year about 63.7 percent. The all-time high was about $0.366 on 2025-08-31, and the all-time low about $0.0199 on 2026-07-29. These numbers describe past activity only. They are not a forecast, and this page offers no view on where the price is heading.

DOLO is issued on Berachain and Ethereum. It is not a native token of either chain, so its value and transactions depend on those networks for security and processing. Tokens issued on different chains are separate deployments, which means a balance on one network does not appear on another.

Moving DOLO between chains usually requires a bridge or a similar service. Bridges add technical and security risk, and mistakes in sending to the wrong network can make funds hard or impossible to recover. Before sending or receiving, confirm which network you are using and that your wallet supports it.

Price risk is the most visible one. The token has fallen sharply from its 2025 high, and its market capitalisation is well below its fully diluted valuation. That gap suggests a large share of the supply is not yet circulating, which can add pressure on the price as more tokens enter the market.

Lending protocols carry their own dangers, including smart contract bugs, liquidations when collateral values drop, and losses from leveraged positions. Scam tokens and fake sites that copy the Dolomite name are common. Store DOLO in a self-custody wallet that supports the correct network, keep your seed phrase offline and never share it, and verify contract addresses only from the project's official channels.