#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
Degen: Airdrop 2 and Raindrops will start tomorrow.
Odaily News Degen posted on the X platform stating that Airdrop 2 and Raindrops will be available for claim starting tomorrow, and users can claim them through their verified Farcaster Wallet. Additionally, Degen is optimizing the Degen app to make claiming, payments, and browsing smoother.