Cryptocurrency exchange Gate has released its latest Proof of Reserves report, disclosing an overall reserve ratio of 117% as of July 27, 2026. The figure surpasses the 100% industry benchmark, with reserve holdings covering nearly 500 distinct user assets. Proof of Reserves has become a widely adopted transparency practice among major exchanges following industry collapses in 2022 that exposed the risks of unaudited or commingled customer funds. The reported ratios indicate sufficient reserve redundancy and continued stability in risk management amid market fluctuations.

Core Asset Reserves Show Consistent Growth

Reserve allocations for primary digital assets have grown steadily since the previous reporting cycle. Bitcoin user holdings rose from 19,054 BTC to 21,557 BTC, while platform reserves increased to 26,775 BTC, yielding an excess reserve ratio of 24.2%.

Ethereum user holdings expanded from 344,935 ETH to 374,348 ETH, with platform reserves growing from 423,960 ETH to 456,798 ETH. This translates to an excess reserve ratio of 22.02%.

Other major assets, including GT and XRP, also recorded reserve ratios above the 100% threshold. GT reserves reached 131.13%, while XRP reserves stood at 116.5%.

Stablecoin Reserves and GUSD Utility

For stablecoin assets, combined user holdings across USDT, USDC, USD1, and GUSD totaled 1.336 billion tokens. Platform reserves backing these assets amounted to 1.59 billion tokens, resulting in an aggregate reserve ratio of 118.97% and an excess reserve ratio of 18.97%.

GUSD subscriptions alone have surpassed 224 million tokens. Holders of the stablecoin receive an annualized yield of 3.8%, with support for flexible deposits and withdrawals. Redemptions are processed at a one-to-one ratio in the original subscription currency, without loss or fees. GUSD holders may also stake through Gate Launchpool to earn supplementary rewards, broadening the utility of yield-bearing stable assets.

Proof of Reserves Verification Framework and Global Expansion

Gate, recognized as one of the earliest platforms to advocate for reserve transparency in the digital asset sector, continues to refine its publicly verifiable Proof of Reserves infrastructure. The exchange employs technical measures including zero-knowledge proofs, Merkle Tree verification, hot and cold wallet segregation, and periodic user asset snapshots to facilitate transparent disclosure and independent reserve verification. The breadth of nearly 500 covered assets is notably wider than many peer exchange reports, which typically focus on a smaller subset of high-volume trading pairs.

Internally, the platform has strengthened its risk management architecture by improving asset segregation protocols, access control systems, and security audit procedures to enhance operational standardization and reliability.

Alongside these security and transparency initiatives, Gate has accelerated its international expansion and diversified its product portfolio. The platform currently serves more than 58 million users worldwide and facilitates trading across over 4,800 cryptocurrency assets as well as in excess of 12,500 stocks and exchange-traded funds. This structure supports a unified trading environment bridging digital and traditional financial instruments.

The exchange has also developed offerings including direct stock trading, Pre-IPO access, IPO participation, and gStocks tokenized equities, expanding the range of global asset allocation options available to users.

Looking ahead, Gate intends to continue investing in transparent governance frameworks, asset protection mechanisms, and product development. The organization plans to further enhance reserve management practices and risk control systems while building out its multi-asset service ecosystem and global infrastructure.