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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #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
The demand in the enterprise market has slowed in Q1, with the global NAND market size decreasing by 25% quarter-on-quarter.
Jin10 data reported on May 21, after several consecutive quarters of high growth, the procurement demand for enterprise SSDs decreased quarter-on-quarter due to the delay of some data center projects. The slowdown of enterprise SSDs, as a key growth engine, has broken the pattern of "server demand hedging against weak consumption" and led to a very weak overall demand for NAND Flash in Q1, with the market clearly in oversupply. In the first quarter, the global NAND Flash market size reached $13.01 billion, a quarter-on-quarter decrease of 25.3% and a year-on-year decrease of 14.2%.