#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
SSV Network launches SSV 2.0 and will introduce SSV Chain and implement new Tokenomics
BlockBeats News, on January 28th, according to official sources, SSV Network announced the launch of SSV 2.0. SSV 2.0 opens up new opportunities for validators by leveraging off-chain services called 'Based Applications' (bApps). In addition, Based Applications will also be launched. The bApps chain is an 'AppChain' that will cover existing DVT contracts and operations on the SSV network, as well as new bApp operations and features. To ensure the integrity of the bApps chain, SSV Tokens will be specifically staked by validators as a reducible commitment. Users can stake any amount of SSV Tokens as a reducible commitment to validators. Misconduct will result in penalties for SSV.