Gate.io released a new reserve report: the total value of reserves reached 10.865 billion US dollars, and the excess reserves were 2.415 billion US dollars

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Gate.io Publish a new reserve report. According to the data, as of May 8, the total value of Gate.io reserves reached $10.865 billion, with a total reserve ratio of 128.57% and an excess reserve amount of $2.415 billion.

Currently, the BTC reserve ratio is 137.69%, an increase of 2,802 BTC from the previous period, the ETH reserve ratio is 121.36%, an increase of 188,563 BTC from the previous period, and the USDT reserve ratio is 102.63%, an increase of 441,334,786 BTC from the previous period. In addition, the reserves of assets such as GT, DOGE and XRP all exceeded the 100% reserve benchmark, reaching 178.50%, 109.19% and 116.72%, respectively.

Gate.io Always put asset security and user trust in the first place, and continue to promote the innovation and upgrading of reserve audit technology. Gate.io Zero-knowledge proofs and Merkle tree structure are used to support users to verify whether assets are included in the reserve...

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