#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
$ETH rises 2% as Ethereum developers decides to split the Pectra upgrade
Gate.io News: The price of Ethereum has increased by 2% in the last 24 hours. This is coming after Ethereum developers decided to divide the Pectra hard fork into two sets of EIPs with the goal of minimizing possible bugs and simplifying testing.
$ETH currently trades around $2,442 (ETH/USDT), with a market capitalization of $294.78B, and a 24-hour trading volume of $129.21M according to Gate.io trading chart.