#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
Filecoin launches FilCDN to optimize data retrieval performance
Gate News bot message, the Filecoin network has officially launched FilCDN developed by the Space Meridian team. This new CDN system is specifically optimized for Filecoin data retrieval, improving content delivery efficiency and streamlining the Decentralization application development process.
FilCDN uses the PDP (Proof of Data Possession) transaction mechanism to support hot data retrieval, which solves the problem of high egress traffic costs faced by traditional storage providers (SP), and improves the retrieval compliance by 20 times.
Developers are now building applications using FilCDN through the Modular Worlds hackathon. Meanwhile, the Checker Network and Filecoin Spark continue to operate and make adjustments to support network transparency.
Source: Wublock123
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