#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 Memecoin Launcher Believe sets a new daily Token creation record
Gate News bot message, @Adam_Tehc's data dashboard shows that the Solana Memecoin launcher Believe created 5,033 tokens on May 8, setting a historical record for the highest number in a single day. The data also shows that Believe achieved a market share of 16.2% in the Solana Memecoin launcher market on that day.
Believe has recently updated its anti-fraud features, including new functionalities: pausing fee claims within the first 24 hours of new coin issuance, supporting reports of fraudulent tokens to prevent claims, and displaying the token's health status after 24 hours.
Source of information: Wu Says
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