Binance has announced the launch of Dolomite (DOLO) as the 33rd project in its HODLer airdrop series, offering tokens to BNB subscribers ahead of its listing.
Launch of Dolomite and Project Features
Dolomite is a decentralized protocol that integrates DEX and lending functions. Users who subscribed to BNB products received DOLO tokens. The token will be available for trading starting August 28, 2025, at 00:00 UTC. The listing on Binance aims to enhance platform liquidity through diverse trading pairs.
Market Response to the Launch
Before trading begins, Dolomite has seen a 24-hour trading volume of approximately $60 million, indicating positive market reaction. Despite the absence of significant comments from Binance CEO Changpeng Zhao, optimism on social media regarding Dolomite has confirmed user interest.
Future Outlook for Dolomite in the Market
According to CoinMarketCap, Dolomite's current price stands at $0.21 with a market cap of $56,544,246. The project has experienced a 487.13% price increase in the past 60 days. The launch of Dolomite is expected to enhance liquidity in the DeFi space and activate trading volumes.
The launch of Dolomite in Binance's HODLer airdrop series could be a significant event for the DeFi market, opening new opportunities for users.
