🏔️ x 🦅 It's official. @worldlibertyfi Markets are live and powered by Dolomite. Every deposit, borrow, and position settles directly on Dolomite contracts. https://t.co/vui0BSmrDe
Name & Symbol: Dolomite ($DOLO)
Address: 0x0f81001ef0a83ecce5ccebf63eb302c70a39a654
Odds Cobie had UpOnly NFT as part of the Echo acquisition to help Ledger get paid?
Name & Symbol: Echo Protocol ($ECHO)
Address: 0x06238c1b8e618abedf17669228dc95fb2d2e210b
Dolomite Market Performance During October 11 Volatility Event Yesterday marked one of the most dramatic and unprecedented 24-hour periods in the history of crypto markets. A cascade of exchange outages and liquidity thinning led to record liquidations and price dislocations across nearly every major asset. I’ve been in this industry since 2015 and this truly feels like the worst cascade on alts ever. Worse than COVID, even. The meltdown was fast, many CEXs stopped working normally and liquidity completely thinned out. Events like this remind us that behind every transaction and every liquidation are people — builders, traders, and communities who make this industry what it is. We remain committed to the shared work of making DeFi stronger and more resilient with each challenge it faces. Dolomite’s System Response Over the 24-hour period beginning Friday, October 11, Dolomite’s internal risk management systems and liquidation mechanisms functioned as designed. Our onchain risk engine processed a record number of forced position closures liquidations protecting the integrity of the protocol. During this period, certain altcoins dropped by over 75% in a matter of minutes. This extreme illiquidity in certain alts on Arbitrum and Berachain resulted in $191k in bad debt across a small subset of markets. These assets and their corresponding markets are listed below as estimates for full transparency: • Arbitrum USDC — $63,252 • Arbitrum USDT — $47,157 • Arbitrum USDC.e — $6,115 • Berachain USDC .e — $63,374 • Berachain HONEY — $6,106 • Berachain BYUSD — $5,006 Outcome and Protocol Status Fees generated from the liquidation activity during this period significantly exceeded the value of the bad debt incurred. Despite the localized illiquidity, the protocol remains fully solvent and operational. As a result, the protocol’s reserves and overall liquidity position strengthened, and no user deposits or withdrawals have been impacted. Bad debt will be paid down and protocol operations remain uninterrupted. Dolomite’s systems—including our Pause Sentinel, Automatic E-Mode, and Chainlink oracle integrations—operated within designed parameters. Our multi-layer risk framework, detailed in Dolomite’s documentation, continues to provide robust protection under even the most volatile conditions. Looking Forward We are continuing to monitor market data and oracle performance across all deployments and will implement any additional mitigations necessary to safeguard users and maintain system integrity. Dolomite remains fully operational, solvent, and open for trading, lending, and borrowing. All funds on Dolomite are secure. To our users: DeFi was built to withstand days like this—not because volatility is easy, but because transparency, automation, and open systems make recovery possible.
Name & Symbol: Dolomite ($DOLO)
Address: 0x0f81001ef0a83ecce5ccebf63eb302c70a39a654
If you deposited $1 across 111 wallets you would've gotten $1m in $XPL for $111
Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0
I watched this mf put a bottom into the ZORA chart while eating noodles #ballknowledge
Name & Symbol: Zora ($ZORA)
Address: 0x1111111111166b7fe7bd91427724b487980afc69
Total Value Borrowed 2X in 7 days. Dolomite on @berachain is attracting serious capital đź‘€ https://t.co/gOlubkj9pF
Name & Symbol: Dolomite ($DOLO)
Address: 0x0f81001ef0a83ecce5ccebf63eb302c70a39a654