#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
Gate.io Innovation Zone launches PAIN
BlockBeats news, on February 20th, according to official information, Gate.io Pilot has launched PAIN on February 20, 2025, at 11:30 (UTC+8). It is reported that PAIN is the official Meme coin of the OG meme legend 'Hide the Pain Harold'. The Token raised 186,000 SOL, approximately 38 million US dollars, in its two-day presale, becoming one of the largest Meme projects in terms of presale fundraising, sparking widespread follow and discussion in the community.