#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
Sonic Labs Invests 400,000 S In Hey Anon, The On-Chain AI For DeFi
HomeNews* Sonic Labs invested $400,000 in Hey Anon, an AI-powered DeFi assistant.
Hey Anon uses Artificial Intelligence to help users perform and manage DeFi tasks through natural language commands. The platform allows users to bridge, swap, stake, and borrow assets and to receive updates on project activity, price changes, and market sentiment.
The tool collects and merges data from platforms like Twitter, Telegram, Discord, GitHub, and Gitbook. This integration provides a full view of different blockchain protocols for users. “Sonic is the DeFi chain. Hey Anon brings DeFAI (DeFi + AI) to Sonic, redefining the user experience of interacting with on-chain protocols via natural language…” said Daniele Sesta, Founder of Hey Anon.
By translating complex DeFi activities into easy conversations, Hey Anon aims to simplify user experiences and reduce barriers to blockchain participation.
Sonic Labs confirmed plans to continue investing in projects that develop new tools or infrastructure for the Sonic ecosystem. The fund is open to proposals from teams working on AI-driven protocols, cross-chain solutions, or novel DeFi technologies.
Learn more about the application process for the Sonic Innovator Fund.