#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
LayerEdge(EDGEN) will be listed for trading on Gate on June 2, and staking GT, BTC or ETH can share a 7.5 million EDGEN Airdrop.
Gate News bot message, according to the official announcement from Gate on June 1, 2025:
Gate will launch LayerEdge (EDGEN) spot trading on June 2, 2025, at 18:30 (UTC+8), supporting the EDGEN/USDT trading pair. EDGEN is a token based on the ERC-20 protocol, with a total supply of 1 billion.
LayerEdge is a project dedicated to creating the world's first user-driven zero-knowledge verification layer. The project transforms ordinary devices into verification nodes through the edgenOS system, building a distributed verification network and establishing a Web3 verification infrastructure based on the security foundation of Bitcoin.
At the same time, Gate will launch the EDGEN mining event from June 2, 2025, 20:00 to June 9, 2025, 20:00 (UTC+8). Users can participate by staking GT, BTC, and ETH, with a total reward pool of 7.5 million EDGEN, and rewards will be distributed hourly.
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