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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
Institution: The European Central Bank appears confident in fighting inflation
On October 17th, Jinshi Data reported that Joe Nellis, an economic advisor at consulting firm Baker Tilly, wrote that the European Central Bank seems very confident and has achieved victory in the battle against high inflation. After the eurozone inflation rate dropped to 1.7% in September, the European Central Bank conducted its third interest rate cut of the year on Thursday. Nellis said that with the economic stagnation in Germany, the largest economy in Europe, and the entire eurozone, it seems to have convinced policymakers at the Central Bank that the specter of high inflation has disappeared. We can expect the European Central Bank to cut interest rates by 25 basis points again in December.