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Dogecoin gets DeFi testnet as DogeOS bets miners will eventually secure its apps

· CoinDesk

DogeOS wants to turn DOGE into more than a payments and speculation asset, but its applications still rely on selected operators rather than Dogecoin miners.

  • DogeOS opened a public test network that lets developers build Ethereum-compatible trading, lending and stablecoin applications using test DOGE.
  • The network initially relies on selected operators, protected hardware and a Security Council, while a proposed Dogecoin Core upgrade would eventually allow Dogecoin miners to verify its proofs.
  • DogeOS has not set a mainnet launch date and faces questions about demand after weak Dogecoin ETF inflows and the decline of earlier memecoin application networks.

DogeOS has opened a public test network for Ethereum-style trading, lending and other applications using DOGE, an attempt to give Dogecoin holders more ways to use their coins beyond payments and price speculation.

Per documents shared with CoinDesk, the network launched Wednesday and is Ethereum-compatible, meaning it allows developers to use familiar software to build applications. The trial uses test DOGE to pay transaction fees, with projects developing lending services, trading platforms and a cryptocurrency-backed stablecoin.

Why dogecoin?

DOGE is one of the largest cryptocurrencies, with a market value of about $13 billion, yet most of it does little beyond sitting in wallets

Applications that let holders lend, borrow or trade with their coins would give people a reason to hold DOGE other than a bet on its price.

Dogecoin itself was built to do one thing, move DOGE between wallets. It cannot run a lending service or an exchange. DogeOS runs those applications on a separate system and lets users bring their DOGE across, which means trusting that system to keep honest records.

DogeOS plans to back that trust with mathematical proofs — compact pieces of data showing the work was done by the rules without anyone having to redo it — and eventually have Dogecoin's own network check them.

The first version depends on DogeOS's selected operators and hardware. A permissioned sequencer, an authorized operator, decides the order of transactions.

Validators, computers responsible for checking and approving updates, work alongside a trusted execution environment, a protected section of computer hardware that checks the proofs. A committee called the Security Council oversees the system, according to details shared by the team.

People using the planned applications would therefore rely on those operators and hardware to work correctly. Dogecoin's miners do not yet verify the application proofs themselves.

DogeOS wants to give them that role through an upgrade to Dogecoin Core, the main software running the network. Its proposal, called OP_CHECKZKP, would add a rule allowing computers on Dogecoin to check proofs that calculations performed elsewhere were correct.

The proposal was published in July 2025. A separate implementation submitted in December remains a draft, with a placeholder proof checker and further development required before it could be activated.

DogeOS was founded by the team behind MyDoge, a Dogecoin wallet. Founder Jordan Jefferson told CoinDesk this month that buying DOGE was already easy, but attracting institutional investors required a stronger case for owning it, after Bitwise said it would close its dogecoin ETF.

Demand for those funds barely registered. The three U.S. dogecoin ETFs collected about $12 million in net inflows over nearly 10 months, less than XRP funds took in on Sept. 9 alone, and recorded no net flows at all on 166 of their 199 trading days, according to CoinDesk's analysis. Bitwise's fund held under $700,000 when it announced the closure.

DogeOS is Jefferson's attempt to build that case through applications people use.

"No other digital asset has Dogecoin's combination of liquidity, community and cultural reach, and its potential has barely been tapped," Jefferson told CoinDesk. "With DogeOS, developers can finally build applications on Dogecoin, and with MyDoge, they will be able to put those apps in front of users from day one."

"The community has been saying 'Doge to $1' for years," he added. "A real economy built on Dogecoin is how we get there, and beyond."

Read More: Dogecoin ETFs struggled for buyers while rival XRP and Solana funds pulled in $3 billion

Not the first dawg

Earlier attempts to bring applications to memecoins have struggled. Dogechain launched in 2022 with a similar pitch, letting DOGE holders move their coins onto a separate network to trade tokens, use financial apps and buy digital collectibles. It attracted about $4.6 million in deposits within days, as CoinDesk reported at the time. DeFiLlama now tracks less than $300 remaining in its financial applications.

Shiba Inu's developers followed with Shibarium in 2023, building a network connected to Ethereum for financial services and games around their dog-themed tokens. Its tracked financial applications now hold about $140,000, down from a peak of roughly $6.4 million, according to DeFiLlama data.

Read More: Dogecoin jumps as Dogechain gains traction among retail crypto traders

DogeOS differs from Dogechain in its backing and its plan. The Dogecoin Foundation disowned Dogechain when it launched, while Timothy Stebbing, a foundation director, endorsed DogeOS in its launch announcement as a way to add applications without changing Dogecoin's base layer. DogeOS also intends to tie its security to Dogecoin's own miners, a step that depends on the upgrade still in draft.

DogeOS has not announced a mainnet launch date. The proposed Dogecoin upgrade also has no activation date.

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