BYDFi Announces the Official Listing of Dolomite and Initia Tokens

The global crypto exchange BYDFi announced the official listing of Dolomite and Initia tokens, now available for spot trading under the pairs DOLO/USDT and INIT/USDT.

Crypto exchange BYDFi has listed Dolomite (DOLO) and Initia (INIT) tokens for spot trading, the platform announced today. The tokens are now available in DOLO/USDT and INIT/USDT pairs.

To celebrate the launch, BYDFi is hosting a $10,000 trading competition with a total prize pool to be distributed among all participants. Users will have the opportunity to earn rewards by trading DOLO and INIT tokens during the campaign period.

$DOLO is the core asset and governance token of the Dolomite protocol, a decentralized finance (DeFi) platform built on Berachain. The protocol integrates a DEX module and provides users with the ability to stake, lend, vote, and earn yield while maintaining full control over their assets, even when borrowing.

Since its inception in 2018, Dolomite has become one of Berachain's leading lending protocols, known for its virtual liquidity model, multi-layered reward system, and cross-protocol compatibility. Co-founded by Corey Caplan, who now serves as the Head of Technical Strategy for the Trump-affiliated DeFi initiative World Liberty Financial (WLFI), Dolomite is currently undergoing significant technical upgrades to enhance its capabilities further.

The project has also secured funding from prominent investors, including Coinbase Ventures, NGC Ventures, and Polychain, raising a total of over $3.4 million to support its development and expansion plans.

$INIT is a modular Layer 1 blockchain powered by the Omnitia Consensus mechanism and built using the Initia Interwoven Stack. It is designed to overcome scalability limitations in traditional blockchains and enable seamless cross-chain interoperability and resource sharing.

With innovations like Gas Abstraction and a dual-deflationary token model, Initia enhances overall performance and security while significantly lowering the user barrier to cross-chain operations.

Backed by leading VCs such as Delphi Digital, Hack VC, and Theory Ventures, Initia has attracted over 5,000 developers, with a project valuation of $250 million.

Starting today, users who trade DOLO/USDT and INIT/USDT on the BYDFi platform will not only have a chance to share in the $10,000 prize pool, but can also participate in the following limited-time bonus campaigns:

More details are available on BYDFi’s official platform.

Founded in 2020, BYDFi has been recognized by Forbes as one of the Top 10 Global Crypto Exchanges and is officially listed on CoinMarketCap and CoinGecko.

Serving users in 190+ countries and trusted by over 1,000,000 users worldwide, BYDFi is an official sponsor of Token2049 in Dubai, where users and partners can connect in person and discuss the future of Web3.

BYDFi is committed to delivering a world-class crypto trading experience for every user. BUIDL Your Dream Finance.