#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
Ethena sUSDe yield has decreased, and the supply has significantly reduced.
Gate.io News bot message, according to @tomwanhh's data panel, the APY of Ethena sUSDe and Sky sUSDs has dropped to 4.7% and 4.48% respectively, approaching the yield level of the US Treasury T-Bill at 4.24%.
Data shows that after entering April, the staking rate of Ethena USDe dropped below 45%. At the same time, the supply of sUSDe decreased from a high of 4.5 billion USD at the end of December 2023 to the current 2.11 billion USD.
Source: Wu Shuo