#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
Aave deploys the Ethereum L2 chain Soneium to explore the application of GHO in payment and e-commerce scenarios.
Golden Finance reported that Aave, a decentralized finance platform, announced the launch of Soneium, an Ethereum L2 blockchain backed by a company, and will participate in liquidity incentive programs including Astar Chain. The Soneium ecosystem has gathered more than 7 million users and mainstream protocols such as DEX v4 and Lido. The two parties are exploring the use of Aave's overcollateralized stablecoin GHO for payment, savings and e-commerce scenarios. According to Stani Kulechov, founder of Aave, Soneium's consumer-facing positioning and a company's global brand presence provide a great opportunity for Aave to attract mainstream users.