Gate.io releases a new reserve report: the total reserve value reaches US$10.865 billion, and the excess reserve is US$2.415 billion

Gate.io releases a newreserve report. Data shows that as of May 8, the total value of Gate.io's reserves reached US$10.865 billion, the total reserve ratio reached 128.57%, and the excess reserve amount was US$2.415 billion.

Currently, the BTC reserve ratio is 137.69%, an increase of 2,802 pieces from the previous period, the ETH reserve ratio is 121.36%, an increase of 188,563 pieces from the previous period, and the USDT reserve ratio is 102.63%, an increase of 441,334,786 pieces from the previous period. In addition, the proportion of asset reserves such as GT, DOGE and XRP exceeded the 100% reserve benchmark, reaching 178.50%, 109.19% and 116.72% respectively.

Gate.io always puts asset security and user trust first, and continues to promote the innovative upgrade of reserve audit technology. Gate.io adopts zero-knowledge proof and Merkel tree structure to support users to verify whether assets are included in the reserve without revealing details. At the same time, it cooperates with hot and cold wallet rights confirmation and balance snapshots to form a complete data closed loop, and users can independently verify through the exclusive page .

In addition, Gate.io regularly updates reserve data and provides verification paths and report summary synchronously to help users understand asset structure and reserve level. At present, Gate.io reserves cover most mainstream currencies and have strong market response capabilities, providing strong support for the stable operation and long-term development of the platform.

In the future, Gate.io will continue to leverage its advantages in transparent operations and technology applications, constantly explore new technological breakthroughs, and work with global users to create a safer and more reliable digital asset trading ecosystem.

Disclaimer :

This content does not constitute any invitation, solicitation, or suggestions. You should always seek independent professional advice before making any investment decisions. Please note that Gate.io may restrict or prohibit all or part of services from restricted areas.