Rails

About this explorer

The Rails Dolomite explorer shows every account on Dolomite on Ethereum, whether still open or closed, with what it holds, what it owes and the full history of each one. It also shows the markets and the minimum collateralization that Dolomite requires in each.

How it works

  • Dolomite is a lending protocol: owners deposit tokens, and other owners borrow against them. Every balance sits in an account, identified by the owner's wallet address plus an account number. To borrow, an account takes a negative balance in a token, which means it owes that token. It holds other tokens as collateral, the assets that back the debt.
  • An owner's deposits sit in the Dolomite Balance, which is account number 0. Each Borrow Position is a separate account with its own balances, so a liquidation reaches only that account.
  • Each account must stay above its minimum collateralization, which depends on the assets it holds and owes. An account whose assets fit a category gets that category's terms from E-Mode. An account that falls below its minimum is liquidated, which closes part or all of its debt.

Glossary

Account
: An account is identified by the owner's wallet address plus an account number. Each token in it is a positive balance (the account holds it) or a negative balance (the account owes it). Docs: Accounts
Dolomite Balance
: A Dolomite Balance is an owner's account number 0, the default account where deposits are held. Opening a Borrow Position means moving tokens from it into a new account. Docs: Dolomite Balances, Managing Borrow Positions
Borrow Position
: A Borrow Position is an account with a number other than 0. It is judged on its own balances, so a liquidation reaches only that account and not the owner's others. Docs: Managing Borrow Positions
Minimum collateralization
: Minimum collateralization is the ratio of value held to value owed that an account is judged against. A minimum of 120% would mean each $100 owed needs $120 held. Some assets add a requirement on top of Dolomite's global minimum. Docs: Minimum collateralizations
E-Mode
: E-Mode is an automatic override of an account's risk terms. When all the assets in an account fit a category the protocol has configured, such as correlated stablecoins, the category's terms replace the defaults. Docs: Automatic E-Mode, E-Mode and segregated risk (how to read an account's override)
Liquidation
: The liquidation penalty is the extra collateral a liquidator earns for closing debt. A liquidation happens when an account falls below its minimum collateralization. An approved liquidator repays part or all of the debt and takes collateral worth slightly more, and the borrower bears the penalty. Docs: Liquidations, Liquidation penalties

Listing

  • Each row is one account, which is an owner address and an account number.
  • A row shows what the account holds, what it owes and the minimum collateralization it is held to.
  • A row also shows whether the account is open, closed, or closed by a liquidation.

Account page

  • The top card shows the account's balances and the minimum collateralization it is judged by now, including any E-Mode terms that apply to it.
  • The timeline lists each event on the account, newest first.

Markets page

The markets page lists every market with its minimum collateralization, price, supplied and borrowed amounts, borrow rate and supply APR (the yearly rate lenders earn). It also shows the spread (the liquidation penalty for that market) and utilization (the share of supplied tokens that is lent out). The risk ladder on that page shows how each market raises the minimum collateralization. Open the markets page to see them all.

You can search by owner address. The listing filters by Status, Supplied, Borrowed, Account, History, Debt (USD), Collateral (USD) and Transactions, and sorts by Recent activity, Debt or Collateral.

Tap the (i) beside any figure to see where it comes from. Inside, the ? explains that kind of event in general.

Dolomite on other chains isn't covered here.See what Rails covers on each Ethereum explorer

Official documentation: Dolomite documentation