#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
Magic Eden co-founder: METokenAirdrop qualification and distribution inquiry will be open on December 4th
According to BlockBeats news, on December 2nd, Jack Lu, co-founder and CEO of Magic Eden, announced on X that "ME Token Airdrop eligibility and distribution inquiries will be opened on December 4th. ME Token will undergo TGE on December 10th."