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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
Join the race now & fuel your trades for real-world rewards:
✅ 5,000 GT Prize Pool
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Start your engines & trade fast
Top the leaderboards. The Race is ON!
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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
- Limited-Time Airdrop Is LIVE — Don't Miss Out!
Exclusive for new Gate users:
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Limited time, limited supply — first come, first served!
👉 https://www.gate.com/campaigns/1227
- #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
API3, which offers decentralized applications over blockchain technology, introduced OEV Netwok, which stands out with its zk-Rollup feature.
API3 announced on social media on Monday, January 29, the launch of its new Polygon (MATIC)-powered network, OEV. In the statement, it was stated that this network will be used to optimize the oracle extractable value (OEV).
Stating that there is a lot of liquidity loss in blockchains due to OEV, the team emphasized that they will bring an important solution to this problem thanks to OEV Network.
The team cited DeFi platform Aave as a concrete example of this loss of liquidity. It was pointed out that $2 billion worth of positions in Aave have been liquidated in the last 3 years, of which more than $100 million has been paid as liquidation premiums. It was emphasized that thanks to OEV, this premium amount can be optimized for the benefit of all platforms: #API3.
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#contentstar # # MyFancyCreato#