#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
Solana-based DEX Jupiter plans to Airdrop 700 million JUP tokens in January next year
Techub News reported that Jupiter, the Solana-based DEX, plans to distribute 700 million JUP tokens, worth approximately $580 million, to users, stakeholders, and contributors through its 'Jupuary' airdrop event in January 2025. Jupiter is still finalizing the specific criteria for the airdrop. The latest distribution strategy of Jupiter is divided into two main groups: 'users and stakers' and community supporters called 'Carrots and Good Cats'. Jupiter DAO stated that the distribution strategy aims to incentivize existing and new users and further expand the JUP community.
Techub News Previously reported that the Jupiter community, through a new round of Jupuary Airdrop proposal, will distribute 7 billion US dollars worth of JUP Token over the next two years.