Gate July Report: Ecological Expansion Continues, Reserves Total Exceeds 12 Billion USD

[Coin World] On August 18, news from Gate released the July transparency report, continuing to promote the dual-drive of ecological expansion and security evolution. In terms of ecology, the Wallet has integrated popular on-chain applications such as Bidask, 1DEX, Rhea Finance, and launched multi-dimensional operational activities; at the same time, Gate has initiated the VIP system renewal plan, with a spot trading fee discount of up to 75%, and multiple preferential policies for contracts and lending services, further enriching user scenarios and platform services.

In terms of user value and security, Gate completed the quarterly destruction of over 1.92 million GT in the second quarter, with a cumulative destruction ratio exceeding 60%. The deflationary mechanism is steadily advancing, continuously enhancing the token's scarcity and ecological influence. At the same time, the total reserve has risen to 10.504 billion USD, with a total reserve rate of 126.03%. The excess reserve amount has increased by 10.66% quarter-on-quarter, maintaining its industry-leading position. Furthermore, as of the latest data released on August 8, 2025, the total value of Gate's reserves has further risen to 12.02 billion USD. Users can verify asset coverage at any time on the official page, and Gate once again consolidates market trust through a transparent, secure, and verifiable fund protection system.