#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
Polkadot 2.0 is expected to go live in Q1 next year, and the Kusama network has supported early testing of elastic scaling
ChainCatcher news, according to blockchain infrastructure company Parity Technologies, the official version of Polkadot 2.0 is expected to be launched in the first quarter of 2025. A key feature of Polkadot 2.0, Elastic Scaling, is currently undergoing early testing on the Kusama network, supporting the use of multiple cores (CORE) by a single parachain to enhance network performance.