#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
Monad Madness Hong Kong Hackerthon Award Winners Announcement
According to Deep Tide TechFlow news, on April 10th, the Monad Madness roadshow competition in the Greater China region successfully concluded in Hong Kong, and the award list for the Monad Madness Hong Kong Hacker Marathon has been announced.
The first place winner is the large-scale online multi-agent architecture AMMO: this project adopts a distributed subspace architecture and reinforcement learning mechanism to achieve dynamic self-optimization of AI and alignment with human values, building a human-machine collaborative network.
The second place goes to the AI for Longevity application GM: aimed at optimizing user health management through intelligent algorithms.
The third place winner is TypeX, which pioneered embedded trading in keyboards: aiming to create a new income model of "input as an asset."
The Most Community Popular Award was won by Morpheus Protocol, which aims to provide comprehensive DeFi solutions such as fast AMMs, token issuance tools, and cross-chain engines.
The Most Popular Team Award was won by LIKWID: the project aims to achieve fully permissionless margin trading without oracles through the innovative AMM formula "(x+x')(y+y')=k", supporting autonomous management of both long and short positions.
According to reports, Monad Madness is an important event launched by Monad, providing the biggest stage for any teams interested in building projects based on Monad. It attracts over 60 venture capital firms to watch the roadshow. The event will select different teams to compete at each competition location. This time, Monad Madness Hong Kong has 16 teams shortlisted, with a prize pool of 2 million HKD.