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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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👉 https://www.gate.com/campaigns/1227
- #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
Golden Finance reported that the Sui Foundation announced the successful deployment of the Mysticeti Testnet. The team stated that this is a new consensus protocol that can reduce the consensus time on Sui by 80% to 390 milliseconds, making it the fastest consensus layer in the industry. Mysticeti was developed based on in-depth research on the Byzantine Fault Tolerance (BFT) consensus mechanism, representing the progress of Narwhal-Bullshark. Sui has introduced the consensus algorithm in its Mainnet. This enhancement optimizes resource utilization, reduces developer complexity, and allows the Sui network to process tens of thousands of transactions per second with latency well below one second.