Dolomite

Our assessment

Dolomite holds $228m across seven chains with two audits and reports linked. Its distinguishing feature is that collateral deposited into the protocol can retain the rights it had outside — staking rewards, governance votes, and other native yield.

The problem it solves

Conventional lending strips an asset of everything except its price: deposit a staking derivative and you keep earning, but deposit a governance token and your votes are gone. For assets whose value includes rights rather than just price, that is a real cost, and Dolomite's design preserves them while the asset serves as collateral.

Preserving rights adds surface area

Making collateral retain external functionality means the protocol must interact correctly with every one of those external systems. Each integration is another dependency and another way for something to break — which is why most lending protocols deliberately do not do this. The trade-off is capability against complexity.

Why the score sits at 6.1

Audits are published, which is the strongest single indicator. The transparency and documentation results are thin — parameter documentation, incident history and operator disclosure at stable public addresses — and in a category where counterparty risk carries 40% of the weight, that gap costs more than elsewhere.

Who it suits

Dolomite fits users holding assets whose staking or governance rights matter and who want to borrow without giving them up. Users borrowing against ordinary collateral should use Aave, Compound or Morpho.