DOLA

Inverse DOLA

Inverse Finance's CDP-issued stablecoin — debt-backed, with Fed Chairs (lending policy) and Fed Banks (deployment) as the architecture.

DOLA mints against deposited collateral on Inverse's FiRM lending market, with isolated-collateral markets and personal-collateral-escrows. Past exploit history (2022 oracle manipulation, $1.2M loss) factors into risk profile; subsequent re-architecture under FiRM addresses the original failure mode.

See on StableLens

/stablecoins/DOLA — live data, risk grade, and methodology citation.

Related terms

CDP (collateralised debt position)A user-opened debt position backed by crypto collateral — the issuance mechanism for DAI, LUSD, GHO, crvUSD.
Lending marketA pool-based protocol where suppliers earn interest from borrowers, with rates set algorithmically by utilisation.
Oracle manipulationAn exploit class where an attacker moves the price an oracle reports, then triggers favourable liquidations / mints.