#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
$TAI rises 54% after token burn announcement
Gate.io News: The price of $TAI, the native token of Tars AI, has increased by 54% in the last 24 hours. This is coming after the project team announced a weekly $TAI burn in order to increase its value.
$TAI currently trades around $0.15228 (TAI/USDT), with a market capitalization of $8.65M, and 24-hour trading volume of $644.53K according to Gate.io trading chart.