#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
AltLayer completes 200 million ALT Token cross-chain swaps to relieve liquidity pressure on the ERC20 version.
AltLayer posted on social platforms that the BEP20 → ERC20 cross-chain swap of 200 million ALT tokens has been completed, the total amount of ALT tokens in circulation remains unchanged, and the entire exchange process can be verified on-chain. Due to the increasing demand for ERC20 ALT from a certain trading platform, the liquidity of ERC20 ALT on exchanges has become severely insufficient. Therefore, the team of that trading platform has requested AltLayer to assist in converting BEP20 ALT tokens to ERC20 ALT to balance the liquidity.