#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
$KDA adds more than 12% as Kadena unveils crucial Governance Proposal
$KDA, utility token of the Kadena L1 blockchain ecosystem, is up more than 12% in the past 24hours, & now trades around $0.4531, with inflow of $8.68M, & trading volume of $4.14M, as per Gate.io chart.
Kadena has announced the opening of its "Community-Led Development Proposal" Poll starting from today to the 9th of May. The all important proposal aims to bond $KDA on Kadena Cabinet, allowing users to earn lockup rewards by participating in community votes.