#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
GMX has officially selected LayerZero as its messaging partner for multichain expansion.
BlockBeats News: On April 15, GMX has officially selected LayerZero as the messaging partner for its multi-chain extension by a majority of 75.54%. This integration will bring the following benefits to GMX: • the ability to scale to 125+ blockchains; • All contracts and security are fully controlled by GMX; • Fast, zero-slippage asset transfers; • Use battle-proven infrastructure trusted by billions of dollars in assets and hundreds of applications.