BlockBeats news, on October 9, according to the official announcement, Gate released the October 2024 reserve report, with a total reserve of US$6.499 billion, a total reserve rate of 120.22%, and excess reserves of US$1.093 billion, an increase of 26.6% from May.
In terms of mainstream currency reserves, BTC reserves are 20,070, an increase of 9% from May, and the reserve rate is 119.54%; ETH reserves are 275,530, an increase of 16.7% from May, and the reserve rate is 125.84%.
It is understood that Gate's October reserve report covers 209 digital assets, and the reserve rate of each asset exceeds 100%. Users can verify the asset reserves of their accounts at any time on the 100% reserve page.
