BlockBeats news, on October 9, according to the official announcement, Gate released the October 2024 reserve report. The total reserves reached US$6.499 billion, the total reserve ratio was 120.22%, and the excess reserves reached US$1.093 billion, an increase of 26.6% from May. %.
In terms of mainstream currency reserves, BTC reserves are 20,070 pieces, an increase of 9% from May, and the reserve rate is 119.54%; ETH reserves are 275,530 pieces, 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 self-verify the account’s asset reserves at any time on the 100% reserve page.