#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
PANews reported on May 23 that according to Degen's official Twitter, 3.6 million $DEGEN has been refunded to users who lost funds on the Reservoir Relay bridge due to the failure of the Degen chain. Degen said it will continue to support all users affected by this outage. Degen also said adding liquidity to Aerodrome's centralized liquidity pool this week will yield extremely high APR yields, which is worth watching.