#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
Vitalik praises Polygon's ZK contribution, and Polygon's co-founder expresses gratitude
Odaily Planet Daily News Polygon Zero team member Daniel Lubarov posted on X, saying, "Plonky3 can now process over 2 million Poseidon2 hashes per second. The recent acceleration is mainly related to memory: avoiding copying, skipping drop to zero, merging some FFT steps to keep the content in the cache, etc." In response, Vitalik Buterin said, '200 million hash/s = 62 MB/s of Merkling is sufficient to fully re-hash the theoretical maximum size of ETH Consensus state within a single slot. Now please execute blake3 or sha256.' Polygon co-founder Sandeep expressed gratitude to Vitalik for praising Polygon's ZK contributions and pledged to continue working hard.