#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
SoSoValue has launched its incubated high-performance trading chain SoDEX, and the Allowlist registration for the Testnet is now open.
Mars Financial News, AI investment research platform SoSoValue announced that its incubated high-performance transaction chain SoDEX has officially launched a testnet. Starting from 21:00 Hong Kong time on June 16, users around the world can apply for the test through its official website. During the beta phase, there is a total prize pool of 1 million $SOSO, which is used to incentivize users to participate in tasks such as trading, strategy execution, and problem feedback. SoDEX supports on-chain spot and derivatives order book trading, and its technical architecture is based on its self-developed Layer1 public chain, Value Chain. Value Chain is tailored for financial-grade applications, with the advantages of high performance, multi-chain compatibility, and modular scalability, which covers two parts: one is the EVM-compatible System Chain, and the other is the Application Chains that supports the modular high-performance architecture. Officially, SoDEX is not only a product experiment based on real user needs, but also an important step for SoSoValue to deepen the on-chain financial infrastructure. The test channel is now open, please refer to the source link for details.