#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
The founder of Slow Fog, Yu Xian, had BTC transferred from the Alby Wallet by the platform due to changes in the custody protocol.
[Golden Finance] reports that Slow Fog founder Yu Xian stated on social media that he is also a victim of the Bitcoin Wallet Alby. 0.00174788 BTC(191.96 USD) was transferred away from the Alby wallet. The transfer was possible because this is Alby's accomplice account, and he was unaware of its platform protocol. By checking the emails, it was found that Alby sent an email notifying the update of the platform protocol on May 1, 2025, and then this BTC in the wallet was transferred on May 26, 2025.