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Gate stated that total reserves increased to 8688000000 USD, with the overall reserve coverage ratio rising to 118.49%。
Gate Released its latest proof-of-reserves report: total reserves increased to 8688000000 USD, with the total reserve ratio reaching 118.49%
Gate Total reserves increased to 8688000000 USD, up 5.7%from the previous period; customer net assets reached 7332000000 USD, while the overall reserve coverage ratio rose from 117.26%in the previous period to 118.49%。
Source: https://www.panewslab.com/zh/articles/01a15d55-0575-71e4-a994-a15c3c1afb26
Gate released its latest proof-of-reserves report.
Total reserves were 8688000000 USD, up 5.7%。
Customer net assets were 7332000000 USD。
The overall reserve coverage ratio rose from 117.26%in the previous period to 118.49%。
The following is analysis, separate from reported facts. Verify important claims independently.
The report stated that Gate's total reserves exceeded customer net assets, and that both reserve size and coverage ratio increased from the previous period.
Total reserves, customer net assets, and the coverage ratio are key metrics for assessing a platform's asset coverage.
Beginners may monitor whether reserve size and coverage ratios continue to change in subsequent reports, but should not assess asset safety based solely on these figures.
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