#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
Galxe launched the Starboard user content quantification platform, creating an on-chain and off-chain integrated Web3 user incentive hub.
BlockBeats reports that on May 28, Galxe officially launched a new community growth platform "Starboard," attracting over 20 projects including Plume, 0G, and Dango, with more than $5 million in reward funding injected. Plume provides $450,000, Dango allocates 1% of its token supply, and 0G contributes over $100,000. Starboard utilizes on-chain and off-chain data analysis to help projects identify high-value users and improve incentive efficiency. Charles Wayn, co-founder of Galxe, stated that Starboard will reshape the way Web3 communities are built and drive the industry into a new phase.