#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
Origin: The protocol revenue will be fully used for OGN buyback and distribution to xOGN holders.
BlockBeats news, on June 5th, the DeFi protocol Origin Protocol announced that after the successful passage of the latest governance proposal, 100% of the protocol's revenue will now be used to repurchase OGN and distribute it to xOGN holders, with the repurchase set to begin before July 4th.