Gate.io releases proof of reserves report: $10.865b total reserves, $2.415b in excess
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Gate.io’s proof of reserves report shows $10.865b in assets with a 128.57% reserve ratio and $2.415b in excess reserves.
May 9th, Panama – Gate.io has released its latest Proof of Reserves report. As of May 8, the total value of Gate.io’s reserves stands at $10.865 billion, with a total reserve ratio of 128.57% and an excess reserve of $2.415 billion.
Currently, the BTC reserve ratio is 137.69%, with an increase of 2,802 BTC compared to the previous period. The ETH reserve ratio is 121.36%, with an increase of 188,563 ETH, and the USDT reserve ratio is 102.63%, with an increase of 441,334,786 USDT. In addition, reserve ratios for assets such as GT, DOGE, and XRP all exceed the 100% benchmark, reaching 178.50%, 109.19%, and 116.72%, respectively.
Gate.io has always prioritized asset security and user trust, consistently advancing the innovation upgrade of its reserve audit technologies. Gate.io employs zero-knowledge technology and Merkle Tree structures, allowing users to verify whether their assets are included in the platform’s reserves without revealing any details. Combined with hot and cold wallet verification and balance snapshots, this approach completes a closed-loop of data, allowing users to independently verify their holdings through a dedicated page.
In addition, Gate.io regularly updates its reserve data and provides users with corresponding verification paths and report summaries to help them understand asset composition and reserve levels. Currently, Gate.io’s reserves cover most mainstream cryptocurrencies, equipping the platform with robust market resilience and offering strong support for stable operations and long-term growth.
Looking ahead, Gate.io will continue to leverage its strengths in transparent operations and technical adoptions, exploring new technological breakthroughs to co-create a safer and more trustworthy digital asset trading ecosystem with users worldwide.
For media contact, reach out to Elaine Wang.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
