#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
The Wormhole First Staking Reward (SRP1) has been distributed in full and users need to claim it by July 15th
According to Mars Financial News, Wormhole's first staking reward (SRP1) will be distributed on January 16, 2025 and has now been fully released. Eligible users have until July 15, 2025 (within 90 days) to claim unclaimed rewards through the official platform. Overdue rewards will be returned to the SRP pool for distribution in future reward cycles.