Gate.io's latest reserve value exceeds $10.8 billion, and excess reserves expand to $2.415 billion

Odaily News According to a post by crypto KOL Moonlight (@Moon1ightSt) on social media, Gate.io updated its May reserve report, showing that the total value of the platform's reserves has reached $10.865 billion, an increase of more than $500 million from the previous $10.328 billion, maintaining a highly stable excess reserve level. The current total reserve rate is 128.57%, continuing to maintain the industry's leading level, and the excess reserve is $2.415 billion, a further increase from the previous $2.296 billion.
In terms of reserve structure, core assets such as BTC, ETH, and USDT have grown steadily. The reserve ratio of BTC is 137.69%, an increase of 2,802 pieces from the previous period, the reserve ratio of ETH is 121.36%, an increase of 188,563 pieces from the previous period, and the reserve ratio of USDT is 102.63%, an increase of 441,334,786 pieces from the previous period. In addition, the reserve ratios of assets such as GT, DOGE, and XRP all exceed the 100% reserve benchmark, reaching 178.50%, 109.19%, and 116.72%, respectively.