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Gate Launches PoSEC: 104.58% Cold Storage Coverage, Safeguarding Assets

- **Gate officially introduces PoSEC**: Proof of Security (PoSEC), a secure asset verification framework and the industry's first security verification system, focuses on storage security and risk resilience.
- **Cold storage coverage reaches 104.58%**: As of 00:00 UTC on November 4, 2026, Gate's cold storage assets provide enough coverage to fully back all user assets, even in the most extreme scenario.
- **Transparent storage structure**: PoSEC publicly discloses the asset allocation between cold storage (88.26%) and hot wallets (11.74%), providing transparent and comprehensive information on asset security.
- **Complements Proof of Reserves (PoR)**: While PoR checks reserve sufficiency, PoSEC examines storage structure and risk protection in greater depth, creating a multilayered security framework.
- **Under independent audit**: PoSEC data is currently undergoing verification by an independent third-party auditor. The report will be published on Gate's official website.
- **Overall reserve status**: As of October 18, 2026, Gate's total reserves stood at approximately $8.688 billion, with an overall reserve ratio of 118.49%.

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Source: NewsBTC