Source: Gate.io
Gate.io has released a new period reserve report. The data shows that as of May 8, Gate.io's total reserve value reached $10.865 billion, with a total reserve ratio of 128.57% and an excess reserve amount of $2.415 billion.
Currently, the BTC reserve ratio is 137.69%, an increase of 2,802 coins from the previous period, the ETH reserve ratio is 121.36%, an increase of 188,563 coins from the previous period, and the USDT reserve ratio is 102.63%, an increase of 441,334,786 coins from the previous period. In addition, assets such as GT, DOGE, and XRP have reserve ratios exceeding 100%, reaching 178.50%, 109.19%, and 116.72%, respectively.
Gate.io always prioritizes asset security and user trust, continuously advancing the innovation and upgrade of reserve audit technology. Gate.io uses zero-knowledge proof and Merkle Tree structure to support users in verifying asset inclusion in reserves without revealing details. This is complemented by cold/hot wallet reconciliation and balance snapshots to form a complete data loop, allowing users to independently verify through a dedicated page.
Furthermore, Gate.io regularly updates reserve data and synchronously provides validation paths and report summaries to help users understand asset structure and reserve levels. Currently, Gate.io's reserves cover most mainstream currencies, demonstrating a strong market response capacity and providing strong support for the platform's stable operation and long-term development.
In the future, Gate.io will continue to leverage its advantages in transparent operation and technological application, continuously explore new technological breakthroughs, and work with global users to create a more secure and trustworthy digital asset trading ecosystem.
Disclaimer:
This content does not constitute any invitation, solicitation, or advice. You should always seek independent professional advice before making any investment decisions. Please note that Gate.io may restrict or prohibit all or part of its services from restricted areas. Please read the user agreement for more information.
This article is contributed content and does not represent the views of BlockBeats.
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