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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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🎯 Complete simple tasks to share a 3,000 GT reward pool!
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👉 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
Pyth Developer Executive: The Oracle Machine Network is Disrupting the $50 Billion Financial Data Industry
Golden Finance reports that Michael James, the head of institutional business development at Pyth developer Douro Labs, stated that oracle networks like Pyth are disrupting the $50 billion financial data industry, which provides critical price information to exchanges, brokerages, trading firms, and other institutional entities. The executive stated that the data pulling model of Pyth Network differentiates it from traditional pricing Oracle Machines, allowing customers to pay for data on demand, thereby reducing costs for institutions that rely on real-time market data. Pyth will achieve significant growth in 2024. The Pyth Oracle Machine network provides real-time market data and price information for cryptocurrencies, stocks, foreign exchange markets (FOREX), commodities, and interest rates. In December 2024, Pyth announced the launch of real-time oil pricing data on over 80 blockchain networks.