#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
Movement Lianchuang: MoveDrop will launch in April and will provide additional incentives.
ChainCatcher news, Movement Labs co-founder Rushi Manche posted on X in response to the recent Airdrop controversy, stating that MoveDrop is coming soon (confirmed to launch in April). Before that, we need to address a few key issues:
Ensure the security of the TVL bridged from Cornocopia, so that users can directly use MOVE assets and DApps on-chain. Accelerating the deployment of the gamified testnet Parthenon, aimed at enhancing user experience. It is clearly emphasized that users who have obtained airdrop eligibility do not need to meet any additional requirements. Actively monitoring and preventing witch attacks to protect the rights of real holders. Additional incentives will be provided for users during the waiting period.