- Pin
- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #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
These actions have a strong correlation with the current narratives of AI and DePIN in the market: as AI content increases, the demand for collaboration and transmission grows stronger, while the essence of DePIN lies in the interaction between underlying hard capabilities and the user interface. LimeWire relied on brand recognition to gain visibility in the past, and is now redirecting this traffic and scenarios into actual product structures. Observing over the past year, overall traffic and user levels have been steadily rising; although not flamboyant, the foundation is very solid.
$LMWR is the core token in this whole chain, which has opened up the liquidity of the exchange in the early stage, and has also made significant progress in the binding of product functions recently. In the next cycle, if AI + DePIN really takes over as the main axis of the narrative, such as LimeWire, which has existing prototypes, narrative counterpoint, and high user retention, may be re-examined by the capital side.