Gate.io released a new reserve report: the total value of reserves reached 10.865 billion US dollars, and the excess reserves were 2.415 billion US dollars

Gate.io Publish a new reserve report. According to the data, as of May 8, the total value of Gate.io reserves reached $10.865 billion, with a total reserve ratio of 128.57% and an excess reserve amount of $2.415 billion.

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

Gate.io Always put asset security and user trust in the first place, and continue to promote the innovation and upgrading of reserve audit technology. Gate.io Zero-knowledge proofs and Merkle tree structure are used to support users to verify whether assets are included in the reserve without revealing details, and at the same time, with hot and cold wallet ownership confirmation and balance snapshots, a complete data closed loop is formed, and users can independently verify through a dedicated page.

In addition, Gate.io regularly updates reserve data and provides a verification path and report summary to help users understand their asset structure and reserve levels. At present, the Gate.io reserve covers most mainstream currencies and has 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 operation and technology application, continue to explore new technological breakthroughs, and work with global users to create a more secure and credible digital asset trading ecosystem.

Disclaimer:

This content does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decision. Please note that Gate.io may restrict or prohibit all or part of the Services from restricted territories.

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