#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
ChainGPT announces the launch of a new feature: Launchdrops
BlockBeats news, on January 31st, according to official sources, ChainGPT announced the launch of a new feature called Launchdrops on ChainGPT Pad, providing a simple, fair, hierarchy-based token distribution. Launchdrops allows projects that do not hold IDOs on ChainGPT Pad to distribute tokens for free. The distribution of these tokens is entirely based on hierarchy, which means that the rights obtained through stake will directly affect the amount of tokens that users can receive, without any additional investment.