Trade
Basic
Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
NEW
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
More
Trending Topics
View More17.47K Popularity
23.13K Popularity
36.43K Popularity
16.44K Popularity
98.08K Popularity
Pin
#Gate广场创作者新春激励 Gate Releases New Reserve Report
Gate releases a new reserve report, with the overall reserve coverage ratio increasing from 124% to 125%. The total reserve value reaches $9.478 billion, supporting nearly 500 different types of user assets!
🙋What is 100% reserve?
In centralized trading platforms, each user's assets are recorded in a ledger within the database. How to securely prove that the platform has properly safeguarded all user assets is a self-verification challenge.
Gate uses a Merkle tree approach, storing each user's account asset hash value in the leaves of the Merkle tree. Anyone can have an audited third-party organization verify the total user assets stored in the Merkle tree leaves, confirming whether their funds are included in the asset Merkle tree.
If the verified total ≥ 100%, it proves that the platform has properly preserved user funds, representing a 100% reserve backing for the corresponding assets.
📊 Key Highlights of the Report
Our PoR method continues to lead industry standards, ensuring verifiable solvency:
• 100% Asset Support: Gate maintains over 100% user liability support in major assets such as Bitcoin (BTC), Ethereum (ETH), USDT, USDC, and others.
• Total Reserves: Current reserves amount to approximately $12.02 billion, with a reserve ratio of 125%.
• Asset Coverage: Gate's PoR now covers over 171 unique digital assets, providing the most comprehensive coverage in the market.
• Third-Party Audits: Conducted by leading firms like Hacken, ensuring Gate's cryptographic framework is unbreakable.
💡What is the significance of Gate's 100% reserve?
1. Demonstrates sufficient reserve funds: Not only does it indicate that our users' funds are not misappropriated, but also proves the platform's strong financial capacity.
2. Enhances user trust: Allows us to trade cryptocurrencies with greater confidence.
3. Showcases Gate platform's brand effect: Helps demonstrate Gate's strength and security, improving brand perception among users and attracting more users to join Gate.
4. 100% asset concentration withdrawal: Users can withdraw quickly and securely at any time, preventing crises caused by bank runs or mass withdrawals.