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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #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
Odaily Planet Daily News According to L2BEAT data, Linea TVL exceeded 900 million US dollars, setting a new historical high, and currently stands at 911.88 million US dollars, with a 7-day growth rate of 19.67%.
Previously, Ethereum L2 network Linea announced that it has launched the first phase of Volt on Linea Surge, aiming to promote the development of the ecosystem by attracting more users and increasing TVL on the network. Linea Surge is a points-driven program, where users can earn LXP-L tokens by holding assets on Linea and deploying them to DeFi protocols on the network.
This plan will run for 6 cycles (6 months) or until TVL reaches 3 billion US dollars. The allocation of LXP-L will decrease by 10% each cycle, with additional benefits for early users. Additionally, the liquidity deployed by users must be greater than or equal to $24 in a single protocol to be eligible for points calculation.