#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
Lava Network has launched its public Mainnet and allocated 55 million LAVA tokens for Airdrop
On July 30th, PANews reported that the modular blockchain infrastructure developer Lava Network has launched its public Mainnet, supported by the FIL network, StarkNet Foundation, and Cosmos Hub. The release includes a $2 million incentive pool for participants, the first community-centered LAVA Token, and a 55 million Token Airdrop to enhance Decentralization and participation. Lava Network aims to attract high-quality infrastructure providers, such as Google Cloud, which has already run on its test network. The move is intended to improve interoperability and network reliability between different ecosystems.