What Is Dolomite (DOLO) and Why Has Its Trading Volume Surged to $475M in 24 Hours?

DOLO's market cap ranks 448th with $79.5M valuation

According to recent market data from 2025, Dolomite (DOLO) holds a market capitalization of approximately $79.5 million, positioning it at the 448th rank among global cryptocurrencies. This valuation represents a significant achievement for a token launched in 2022 on the Ethereum platform. The current market metrics reveal DOLO's presence across 107 active trading markets with substantial daily trading volume exceeding $468 million, demonstrating robust investor interest despite recent price volatility.

When examining DOLO's market position in context with other established entities, the contrast is noteworthy:

| Entity | Market Cap | Ranking | Platform | |--------|------------|---------|----------| | DOLO | $79.5M | 448th | Ethereum/Arbitrum/Berachain | | Duolingo | $14.83B | 1388th | NASDAQ |

DOLO's circulation metrics show 441,621,967 tokens currently in circulation from a total supply of 998,851,995 tokens, with a maximum cap set at 1 billion. The token's self-reported circulating supply of 361,694,000 indicates controlled distribution strategies by the development team.

DOLO's market performance demonstrates the growing interest in DeFi lending and borrowing solutions, particularly within the Ethereum and Berachain ecosystems. The token's recent price movement pattern includes a notable correction following an all-time high of $0.3175, reflecting the characteristic volatility of emerging DeFi assets. The current valuation suggests cautious optimism from market participants regarding DOLO's utility in decentralized finance applications.

24-hour trading volume surges 126.96% to $475M

The latest market data reveals a remarkable surge in Dolomite's trading activity, with the 24-hour volume reaching approximately $475 million as of September 11, 2025. This represents a substantial 126.96% increase compared to previous trading sessions. The significant volume spike coincides with notable price movements in the DOLO token, which is currently valued at approximately $0.18 per token.

Market performance metrics for Dolomite demonstrate interesting patterns when examining recent trading data:

| Metric | Current Value | Change | |--------|--------------|--------| | Trading Volume (24h) | $475M | +126.96% | | Token Price | $0.1796 | -4.08% (24h) | | Market Cap | $79.33M | Ranked #449 | | TVL Ratio | 0.35 | $225.66M TVL |

Despite the impressive volume surge, DOLO has experienced a slight price correction of -4.08% over the past 24 hours. This apparent contradiction between volume growth and price movement suggests significant market interest amid some profit-taking activity. The token has maintained positive momentum over longer timeframes, evidenced by the 3.10% weekly gain and remarkable 431.95% increase over the past 90 days.

Dolomite operates across multiple blockchain networks including Ethereum, Arbitrum, and Berachain, providing versatility for traders and potentially contributing to its robust trading activity. The substantial volume increase indicates heightened market interest that could impact DOLO's price trajectory in coming sessions.

Circulating supply of 441.6M DOLO out of 998.9M total supply

DOLO's tokenomics reveals a strategic distribution structure with a current circulating supply of 441.62 million tokens, representing approximately 44.2% of the total supply of 998.9 million tokens. The remaining 557.28 million tokens are allocated according to a carefully designed vesting schedule that supports long-term ecosystem growth and sustainability. This distribution model helps maintain price stability while ensuring adequate liquidity for market operations.

The token distribution demonstrates Dolomite's commitment to balanced tokenomics:

| Allocation Category | Distribution Details | |---------------------|----------------------| | Circulating DOLO at TGE | 326.65 million tokens | | Circulating veDOLO at TGE | 79.05 million tokens | | Early Contributors | 161.85 million tokens (vested) | | Protocol-Owned Liquidity | Reserved portion | | Liquidity Mining | Reserved portion |

With a current market capitalization of approximately $75.4 million USD, DOLO serves as the native utility and governance token powering the Dolomite DeFi ecosystem. The token is deployed across multiple networks including Berachain, Ethereum, and Arbitrum, enhancing its accessibility and utility. This cross-chain presence has contributed to DOLO's substantial trading volume, which recently reached $468 million in a 24-hour period, demonstrating strong market interest despite price fluctuations of approximately 6.56% downward in recent trading.