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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
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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
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- #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
Virtuals launched the smart contract audit agency "IRIS", with 50% of the total tokens allocated to the Ethereum community.
Virtuals announces the launch of IRIS, an automated smart contract audit agent developed in collaboration with Nethermind, marking a significant advancement in the Ethereum ecosystem by integrating AI for community-serving purposes on the Ethereum mainnet.
The launch of IRIS stands out with its economic model, in which 50% of the $IRIS tokens are allocated directly to the Ethereum community without any retention from the development team, demonstrating a completely public benefit approach and reinforcing the principles of decentralization.
The structure of the project involves committing points on the Base chain while the token issuance event takes place on the Ethereum mainnet, emphasizing the use of multi-chain EVM-compatible strategies to optimize functionality and accessibility within the broader Ethereum ecosystem.