#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
Skate launches Skate Shuffle feature, supporting users to interact with random EVM applications
Odaily Planet Daily News Application Layer Skate announced the launch of a new feature 'Skate Shuffle' on X, which is now live on Eclipse. Every time you spin, you will send a cross-VM transaction to interact with a random EVM application, and you can earn points with each spin. According to the introduction, Skate enables applications to run natively on any VM without bridging. Users on altVMs such as Eclipse can now interact with EVM applications, including ether.fi, mETH Protocol, Virtuals Protocol, Lombard, GMX, etc.