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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #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
Analyst: Users made operational mistakes when creating the SPK/USDT liquidity pool on Uniswap V3, resulting in a loss of nearly 20,000 USD.
On June 17, according to on-chain analyst Aunt Ai (@ai_9684xtpa), user teochew.eth made an operation error when creating an SPK/USDT liquidity pool on Uniswap V3. The user originally intended to set the price range of 1 USDT = 19.931 SPK, but incorrectly set it to the range of [19.931, 996210] and injected 19,998 USDT of unilateral liquidity. Subsequently, the address 0x7ef... A3207 quickly exploited the error for an arbitrage trade.
According to previous reports, Address 0x7ef...A3207 sold 1 SPK through the Uniswap V3 liquidity pool for nearly 20,000 USD.