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2025-06-23 06:25:31
Report: Gate's reserve ratio reached 128.57% in May, with excess reserves exceeding US$2 billion
Odaily News Overseas media Best in Media recently released a special report titled "The crypto industry continues to evolve, Gate.com leads the wave of change", analyzing Gate's global expansion and ecological strategy in the first quarter of 2025. At the same time, Gate recently released a transparency report for May, which comprehensively demonstrated its continued efforts in multiple dimensions such as reserves, platform currency mechanisms, and innovative products, further consolidating its leading position in the next generation of Web3 exchange competition. According to the report, Gate's reserve ratio in May reached 128.57%, with excess reserves exceeding US$2 billion, and industry transparency remained at the forefront; it continued to promote the GT deflation mechanism, and as of now, the cumulative total destruction has exceeded 178 million pieces; Gate Launchpad was restarted, and the first phase of the project PFVS was popular, attracting more than 35,000 participants, with an oversubscription ratio of more than 938 times; Gate Launchpool's cumulative airdrop rewards exceeded US$3 million, and the total platform pledge amount exceeded US$6 billion; Gate Earn Yubibao supports nearly a thousand cryptocurrencies and manages nearly US$2 billion in funds. From brand renewal to ecosystem acceleration, from trading infrastructure to innovative Web3 applications, Gate is steadily moving towards the development path of a "super trading platform" with a highly integrated product strategy and global layout.
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