#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
Sasha.waves, founder of Odaily, said on the X platform that the sidechain network Units.network testnet event will open next Tuesday, followed by the TVL event, which will start with Waves. Holders who stake or lease WAVES during the event will receive UNIT0.
According to the official website, the Mining Token of the first sidechains native Token UNIT0 is L2MP, which can be stake with one of the beacon chain Node to obtain UNIT0, and 1 million will be produced in the first year Token and distributed to L2MP stake.