Dolomite is a next-generation margin protocol and decentralized exchange built for trustless trade settlement.
It is highly integrated, user-friendly, and offers capital efficiency through margin trading with spot settlement, passive liquidity provisioning, and other financial instruments. The platform supports a broad range of tokens and provides on-chain liquidity using automated market makers (AMM) pools.
Dolomite launched on the Arbitrum Network in October 2022, with contracts forked from dYdX. The project’s potential is vast in the Arbitrum ecosystem, and it has a high modularity for the development of more protocols. Its core margin system is immutable, and liquidations are triggered by Chainlink oracles. Dolomite generates revenue streams through borrowing and trading fees.
The team behind Dolomite is small but great, with CEO Corey Caplan and COO Adam Knuckey leading the way. The project’s future involves it being owned by a DAO, and the current focus is on B2B partnerships.
Overall, Dolomite offers easy and unstoppable access to margin trading, lending, borrowing, and spot trading, making it an excellent protocol for users looking for a decentralized and efficient trading experience.
Next-gen margin protocol and DEX
Platform for margin trading, lending, and borrowing
Broad token support, high capital efficiency
Launched on Arbitrum in Oct 2022
Forked from dYdX, owned by a DAO in the future
Liquidations triggered by Chainlink Oracles
Small team, focused on B2B partnerships
Revenue streams from borrow & trading fees
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