Dolomite Launches Margin Protocol and DEX, Offering Advanced Margin Features to the DeFi Space
Summary
Dolomite’s new protocol boasts higher capital efficiency and broader asset support than existing competitors, and aims to capture valuable integrations and experienced traders with its advanced features and unique offerings. Over the years that followed, Dolomite experienced moderate success with their initial platform, and used their domain expertise and backend infrastructure to work with several other teams in the space, assisting in the launch of several other projects. Since 2021 the team has been using the experience they’ve collected from working in the space and their love of trading to develop what they believe is a truly next generation margin protocol, which they are excited to launch today. Utilizing The Graph for all data indexing, Chainlink price feeds, and deploying on Arbitrum One felt like the only logical way to fulfill that vision,” said co-founder Corey Caplan. “We see this as just the beginning of a long journey”, explained co-founder Adam Knuckey, “we have so many exciting features and integrations on the way that we’re looking forward to sharing with the DeFi space” The Dolomite margin DEX is currently available for users to trade and earn on desktop and mobile.