#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
Parasail and Axelar have reached a strategic integration and launched the first DePIN Cross-Chain Interactionstake feature
On November 8th, DePIN infrastructure Parasail announced a strategic integration with the general interoperability platform Axelar, and launched the first DePIN Cross-Chain Interactionstake function. The aim is to provide users with a more convenient DePIN stake experience through Axelar's Cross-Chain InteractionToken service and Squid Router, while unlocking new opportunities for DePIN Token in the multi-chain ecosystem. Through this integration, Parasail will support users to execute Token transactions and Cross-Chain Interactionstake in mainstream blockchain networks without the need to hold DePIN native Tokens or hardware resources.