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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
Join the race now & fuel your trades for real-world rewards:
✅ 5,000 GT Prize Pool
✅ VIP Seat at an F1 Grand Prix
✅ Futures Vouchers for New Signups
Start your engines & trade fast
Top the leaderboards. The Race is ON!
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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
- Limited-Time Airdrop Is LIVE — Don't Miss Out!
Exclusive for new Gate users:
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🎯 Complete simple tasks to share a 3,000 GT reward pool!
Limited time, limited supply — first come, first served!
👉 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
OpenSea launches OS2 platform and introduces XP points system, market share drops from 90% to 33%.
PANews reported on January 28th that OpenSea officially launched its new platform, OpenSea 2.0 (OS2), introducing a new user interface and Experience Points (XP) system. The platform is currently in the private testing phase, with Gemesis Non-fungible Token holders having free priority access, while other users need to join the waiting list. It is reported that Gemesis Non-fungible Token was airdropped by OpenSea to users of its acquired Non-fungible Token platform Gem (now renamed OpenSea Pro) in 2023. OpenSea recently took a blockchain snapshot of 49,785 wallets holding Gemesis Non-fungible Tokens to confirm their early access qualification for the OS2 platform. There are rumors that accumulating XP may bring token rewards, but OpenSea has not yet clarified its usage, only stating that this is to promote platform activity. It is worth noting that OpenSea's strategy is similar to the user incentive model previously adopted by its main competitor, Blur. However, OpenSea's market share has dropped from 90% in 2022 to the current 33%. In January 2025, Blur's trading volume on Ethereum exceeded $317 million, while OpenSea only reached $152 million. In addition, OpenSea halved its workforce in November 2024, and the CEO at the time said the company would strategically shift to the OS2 platform.