Original source: gate
gate has released its latest reserve report. According to the data, as of May 8, the total value of gate’s reserves reached 10.865 billion USD, with a total reserve ratio of 128.57%, and the excess reserve amount was 2.415 billion USD.
Currently, the BTC reserve ratio is 137.69%, an increase of 2,802 coins from the previous period; the ETH reserve ratio is 121.36%, an increase of 188,563 coins; and the USDT reserve ratio is 102.63%, an increase of 441,334,786 coins. Additionally, the reserve ratios for assets such as GT, DOGE, and XRP all exceed the 100% reserve benchmark, reaching 178.50%, 109.19%, and 116.72%, respectively.
Gate always prioritizes asset security and user trust, continuously advancing the innovative upgrade of reserve audit technology. Gate.io employs zero-knowledge proof and Merkle tree structure, allowing users to verify whether assets are included in reserves without disclosing details, while also utilizing cold and hot wallet verification and balance snapshots to form a complete data closed loop, enabling users to independently verify through a dedicated page.
In addition, Gate.io regularly updates reserve data, and simultaneously provides verification paths and report summaries to help users understand asset structure and reserve levels. At present, the Gate.io reserves cover most mainstream currencies and have strong market response capabilities, providing strong support for the stable operation and long-term development of the platform.
In the future, Gate.io will continue to leverage its advantages in transparent operations and technology applications, constantly exploring new technological breakthroughs, and working hand in hand with global users to create a safer and more trustworthy digital asset trading ecosystem.
Disclaimer:
This content does not constitute any invitation, solicitation, or advice. You should always seek independent professional advice before making any investment decisions. Please note that Gate.io may restrict or prohibit all or part of the services from restricted areas. Please read the user agreement for more information.
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