#Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
Introducing Velora: ParaSwap’s Exciting Rebrand with New Intent-Based DEX Trading Feature
Velora, a cryptocurrency exchange, has rebranded and is now known as ParaSwap. The platform recently introduced new features and improvements to enhance the overall user experience.
ParaSwap aims to provide a seamless and efficient way for users to swap different cryptocurrencies at the best possible rates. The platform aggregates liquidity from various decentralized exchanges to offer competitive prices and low fees. Users can easily swap tokens without having to create an account or undergo a lengthy registration process.
One of the key advantages of using ParaSwap is its speed and convenience. The platform automatically routes transactions through the most efficient paths, ensuring quick and reliable swaps. With a user-friendly interface and instant execution, ParaSwap is designed to cater to both novice and experienced traders.
In addition to the rebranding, ParaSwap has also upgraded its security measures to protect users’ funds and information. The platform uses advanced encryption and authentication protocols to safeguard against potential cyber threats. Users can trade with peace of mind, knowing that their assets are secure on the ParaSwap platform.
Overall, ParaSwap is committed to providing a safe, efficient, and user-friendly trading experience for cryptocurrency enthusiasts. As the platform continues to evolve and introduce new features, it aims to become a leading choice for decentralized cryptocurrency exchanges. Join ParaSwap today and start swapping your favorite tokens with ease and confidence.
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