DOLO (Dolomite) rose 9.00% in the last 24 hours.

Gate News Bot message, on October 30, according to CoinMarketCap data, as of the time of publication, DOLO (Dolomite) is currently priced at $0.09, with a rise of 9.00% in the last 24 hours, reaching a high of $0.09 and a low of $0.08. The current market capitalization is approximately $38.4 million, an increase of $3.17 million compared to yesterday.

Dolomite is the only lending platform that can support over 1000 unique assets. Users can lend and earn returns on this most comprehensive DeFi platform without losing their native DeFi rights. The platform supports flexible and powerful lending features, allowing users to open multiple lending positions from the same wallet, with each position being collateralized by more than 30 different assets at most. Dolomite currently operates on networks such as Arbitrum, Mantle, Polygon zkEVM, and X Layer, which are optimized for high throughput and low gas fees while maintaining user security and composability.

Important news about DOLO recently:

1️⃣ Multi-chain deployment expands user base The Dolomite platform is currently operating on multiple networks such as Arbitrum, Mantle, Polygon zkEVM, and X Layer. These networks are characterized by high throughput and low gas fees, while ensuring user security and composability. The multi-chain deployment strategy helps Dolomite attract more users, increasing the platform's usage rate and liquidity.

2️⃣ Unique multi-asset lending feature Dolomite supports lending for over 1000 unique assets, making it one of the DeFi platforms with the widest range of asset support in the market today. Users can open multiple lending positions from the same wallet, with each position being collateralized by more than 30 different assets at most. This flexibility greatly enhances the platform's appeal, providing users with more investment and wealth management options.

3️⃣ Lending model that retains native DeFi rights The Dolomite platform allows users to not lose their native DeFi rights while lending and earning profits. This innovative lending model may be one of the key factors in attracting users, helping to enhance the platform's user stickiness and long-term development potential.

From a technical perspective, the DOLO token price has risen by 9.00% in the past 24 hours, and the significant growth in market capitalization reflects the market's positive expectations for the Dolomite platform's functionality and development prospects. However, investors still need to closely monitor the overall cryptocurrency market trends and Dolomite's continued performance in the highly competitive DeFi space.

This message is not intended as investment advice; investors should be aware of market volatility risks.