#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
$ZIG gains over 11% increase after Token Burn announcement
Gate.io News: $ZIG the native token for Zignaly increases above 11%, from $0.09894 to $0.10358 and currently trading at $0.09916. It has a total volume of $4.93M in the past 24hrs as per gate.io trading chart.
This increment comes after Zignaly Ecosystem announced that over $95K worth of $ZIG (1,034,560 ZIGs) were burnt in their fortnightly buyback and burn program— taking total $ZIG burnt for March’24 only to ~$160K+!
With the AI-driven Z-Score, the ecosystem is set to fire-up over $3M worth of $ZIG annually at this rate. Total $ZIG burnt to date now stand at 28,653,290.