#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
Tellor is based on the Cosmos SDK developed Layer1 blockchain Tellor Layer
BlockBeats message, on November 12, according to official news, Decentralized Oracle Machine protocol Tellor announced the development of the Tellor Layer, a Layer1 blockchain built on the Cosmos SDK. It is designed specifically to incentivize data reporting and aggregation, as well as facilitate data bridging across different chains. Unlike traditional Oracle Machines, Tellor operates as a fully Decentralized Data Layer, bringing Consensus to a wide range of subjective data.