#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
Movement starts MoveDrop Mainnet distribution, opening up ecological applications participation.
According to the Gate News bot, Movement officially announced that MoveDrop has entered the Mainnet phase. Users who have completed the MOVE selection on the Movement network are now eligible to claim rewards and can operate through the designated page. Users who complete the claim will receive multiple opportunities to participate in the ecosystem, including the Decentralized Finance Spring rewards program, Parthenon interactive tasks, Movement NFT project, and other ecosystem applications.
Source: Wu Says
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