Gate.io released a new reserve report. Data showed that as of May 8, the total value of Gate.ios reserves reached 10.865 billion US dollars, the total reserve rate reached 128.57%, and the excess reserve amount was 2.415 billion US dollars.
Currently, the BTC reserve rate is 137.69%, an increase of 2,802 coins from the previous period, the ETH reserve rate is 121.36%, an increase of 188,563 coins from the previous period, and the USDT reserve rate is 102.63%, an increase of 441,334,786 coins 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.
Gate.io always puts asset security and user trust first, and continues to promote the innovation and upgrade of reserve audit technology. Gate.io uses zero-knowledge proof and Merkle tree structure to support users to verify whether assets are included in the reserve without disclosing details. At the same time, it cooperates with cold and hot wallets to confirm ownership and balance snapshots to form a complete data closed loop, and users can 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. Currently, 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 technological applications, constantly explore new technological breakthroughs, and work with global users to create a more secure and reliable digital asset trading ecosystem.
Disclaimer:
This content does not constitute any invitation, solicitation, or recommendation. You should always seek independent professional advice before making any investment decision. Please note that Gate.io may restrict or prohibit all or part of its services from restricted regions. Please read the User Agreement for more information at https://www.gate.io/en/user-agreement .
