#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
Function X(FX) has been migrated to Pundi AI(PUNDIAI) at a ratio of 100:1, and Gate has completed support.
Gate News bot message, according to Gate's official announcement on April 18, 2025.
Gate has completed the exchange of Function X (FX) tokens for Pundi AI (PUNDIAI) at a ratio of 100:1. The new Pundi AI (PUNDIAI) tokens will be available for trading starting April 22, 2025, at 14:00 (UTC+8).
The ERC20 contract address of the new token PUNDIAI is 0x075F23b9CdfCE2cC0cA466F4eE6cb4bD29d83bef. Gate will support the deposit, withdrawal, and trading services of PUNDIAI. After this exchange, Gate will no longer support the old FX tokens.
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