#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
The core contributors of Mantle have proposed to deploy Compound III onto Mantle.
Odaily Planet News: The Mantle core contributor team has released a proposal on the Compound forum to deploy Compound III on the Mantle Network, with Ethena's USDe as its underlying market and mETH, wETH, and FBTC as proposed collateral assets.