#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
Meme coin trading with the USD1 pair surges
According to data from TKVResearch, since May 21, the trading ratio of meme coin through USD1 pairs has risen to the sky from 50% to nearly 90% of the total volume of transactions.
Notably, the majority of the volume and number of holders of the USD1 pairs come from the BUILDon – B platform, contributing over 90% of the daily trading volume and 24.8% of the total number of holders.
The report also shows that more than 50% of traders have taken profits, indicating that the trend of speculating on meme coins above USD1 is bringing profits to the majority of participants.