#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
$SLND boosts more than 31% following massive Token Burn Proposal
$SLND, utility & governance token powering Solana's permissionless savings account Save, is up above 31% in the past 24hours, & currently trades around $0.3321, with inflow of $128.24k & trading volume of $293.43k, as per Gate.io chart.
The latest boost in the token price comes with the fantastic News that a Futarchy proposal has been made to burn a staggering 50 million of the Save token, approximately 50% of the total supply.