唐华斑竹 Reveals Gate Reserve Report, Total Reserves at $8.688 Billion

According to Twitter user 唐华斑竹, Gate's latest reserve report shows that total reserves have reached $8.688 billion, an increase of 5.7% from the previous period, ranking sixth among global exchanges. The reserve coverage ratio is 118.49%, exceeding the industry safety benchmark. The reserve ratios for major crypto assets are all above 100%, with Bitcoin at 121.60%, Ethereum at 123.78%, and the overall stablecoin reserve ratio at 116.59%. Additionally, other popular cryptocurrencies such as DOGE, GT, and SOL also maintain excess reserves, covering 500 types of crypto assets. By enhancing reserve transparency and excess coverage levels, Gate has strengthened its ability to respond to market fluctuations and liquidity risks, ensuring the safety of user funds.

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