#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
Sonic: The airdrop will start this month, with a total of 190.5 million tokens, and the first batch will be 25% available for claiming.
On June 3, according to official news, the first quarter Sonic (S) Airdrop will distribute a total of 190.5 million S Tokens to users to encourage participation from users and developers in its ecosystem. The Airdrop will also reward participants of historical activities on Opera, Sonic Arcade users, and Shard NFT minting creators. The first batch of airdrops will be available for collection six months after the launch of Sonic (around June 2025), where users can immediately claim 25% of the allocation, while the remaining 75% will be released linearly in the form of NFTs over a period of 270 days. If the lock-up position is claimed early, a certain proportion of token burning must be paid as a penalty, and the burning ratio decreases over time.