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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
Avail launches the Avail Foundation to create infrastructure to support the development of trust-minimized systems.
According to official sources, Avail, a blockchain scaling service provider, has announced the launch of the Avail Foundation. By supporting the development of trust-minimized systems, the foundation aims to enable global users to interact and transact seamlessly and securely. The initial focus of the Foundation was to cultivate and develop an ecosystem around the Avail protocol. By collaborating with various stakeholders and partners in the industry, the Foundation aims to create a globally scalable infrastructure for the flourishing of trust-minimized systems. The Avail Foundation will be established in Switzerland, following the precedent of other blockchain foundations. By establishing a foundation in Switzerland, it can ensure that it operates within a sound legal system, holds legal responsibility for its established mission, maintains its non-profit status, transparency, governance, and compliance with international standards. Over time, Avail will transfer all IP related to the Avail protocol (including Avail DA, Avail Nexus, Avail Fusion, etc.) to the foundation. The main plans of the Avail Foundation include: