Dolomite (DOLO) TGE: All You Need to Know

Dolomite, a decentralized money market protocol, is set to launch its native token, DOLO, through a highly anticipated Token Generation Event (TGE) on April 24. This marks a significant milestone for the platform, which has already made waves in the decentralized finance (DeFi) space with over $900 million in trade volume and a total value locked (TVL) exceeding $1 billion. For users, traders, and DeFi enthusiasts, here’s a comprehensive breakdown of the DOLO TGE, including key dates, trading details, airdrop eligibility, and more.

What Is Dolomite?

Dolomite has been a pioneer in DeFi since its inception, starting as the first decentralized exchange (DEX) on Loopring in 2018. Today, it operates as a robust lending and borrowing platform on multiple ecosystems, including Arbitrum, Berachain, Mantle, Polygon zkEVM, and soon Botanix. Backed by prominent investors like Coinbase Ventures, Draper Goren Holm, and NGC Ventures, Dolomite has built a reputation for innovation. Its features—like the ‘Zap’ meta aggregator, Dynamic Collateral, Strategies Hub, and the newly introduced E-Mode—allow users to craft sophisticated financial strategies while maximizing returns. With a modular architecture that integrates seamlessly with platforms like GMX and Pendle, Dolomite empowers users to manage assets efficiently across chains.

Key Dates and Trading Details

The DOLO TGE is scheduled for April 24, 2025. Trading will commence on the same day across several exchanges. For those looking to trade DOLO, here’s where you can find it:

• Decentralized Exchanges (DEXs): Kodiak and Uniswap will list DOLO, offering users a decentralized trading option.
• Centralized Exchanges (CEXs): Binance Alpha will be the first to list DOLO, with trading starting at 12:00 UTC on April 24. Kraken, Bitget, KuCoin, and Bybit will also list the token on the same day, providing ample liquidity for traders.

The total supply of DOLO is capped at 1 billion tokens, with approximately 405 million tokens circulating at the TGE, including locked veDOLO tokens. The initial market cap is estimated at $24.3 million, making it an attractive entry point for early investors.

Community Airdrop and Eligibility

Dolomite is allocating 20% of the DOLO supply—equivalent to 200 million tokens—to its community through a retroactive airdrop. This distribution rewards users who have actively engaged with the platform. The snapshot for eligibility was taken on January 6, 2025, and only activities on live Dolomite deployments prior to this date were considered. To check your allocation, visit Dolomite’s official airdrop page starting April 24. Users can claim their tokens directly from the platform.

Half of the airdrop will be distributed as DOLO, which is freely transferable, while the other half will be issued as veDOLO, subject to a two-year lockup period. Early adopters, Minerals farmers, and XP level climbers are among those who qualify. Any unclaimed tokens after six months will be redirected to the Dolomite DAO treasury for future community initiatives.

Boyco Depositor Rewards

In addition to the community airdrop, Dolomite has allocated 3% of the total DOLO token supply—equivalent to 30 million tokens—for Boyco depositors. Participants who engaged with external pre-deposit vaults will receive their veDOLO rewards directly from the respective vault managers once distributions are made available.

Depositors in the 30-day locked Boyco Liquidity Markets now have their assets unlocked and can withdraw them from Royco for use on Dolomite.io. Meanwhile, assets in the 90-day locked markets are scheduled to unlock on May 6, 2025, after which veDOLO rewards will become claimable.

Participants will be able to view their veDOLO allocations on Dolomite’s Boyco page as the information becomes available.

Looking Ahead: Proof of Liquidity Integration

Dolomite’s expansion onto Berachain introduces exciting opportunities, including integration with Berachain’s Proof of Liquidity (PoL) system. This feature will allow users to stake PoL-eligible assets within Dolomite while borrowing against them and earning staking rewards simultaneously. It’s a game-changer for yield optimization and network security, further solidifying Dolomite’s role in DeFi innovation.

With its TGE, Dolomite transitions from a product-focused DeFi platform to a token-powered economic layer — one where community, governance, and incentives are deeply embedded into its structure.