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#GateProofOfReserves
$ETH
Gate has released its latest ETH reserve update.
ETH shows a 22.91% excess reserve rate.
This means the exchange holds more ETH than user deposits.
User funds are fully covered.
And extra ETH is also stored as a safety buffer.
Total ETH reserves are 423,960 ETH.
This creates strong liquidity on the platform.
It helps support withdrawals during high market activity.
It also reduces risk in volatile conditions.
Holding above 100% reserve shows strong financial discipline.
It means the exchange is not operating at minimum levels.
Instead, it keeps extra assets for safety.
For users, this improves confidence in fund security.
It also lowers counterparty risk exposure.
Overall, ETH reserves show stability and strong backing.
Gate continues to maintain a surplus reserve structure.