#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
Solayer, a staking network in the Solana ecosystem, has completed a new round of financing with participation from Sandeep Nailwal, the founder of Polygon.
Golden Finance reported that Solayer, a staking network in the Solana ecosystem, has completed a new round of financing. Participants in the investment include Sandeep Nailwal, founder of Polygon, DCF God, Justin Bram, Toly and Bonk, co-founders of Solana Labs, Nom and Joe Lalloz, core contributors of Solend protocol, Rooter, founder of Solayer, and joseph.eth. The specific amount of financing and valuation information have not been disclosed. Solayer will use the new funds to continue building a native staking network and utilize Solana's economic security and execution power to provide decentralized cloud infrastructure.