Gate Releases July Transparency Report: Ecosystem Expansion and Security Evolution in Parallel, User Experience Comprehensively
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最新报道：According to Bijie.com on August 18th, Gate released its July transparency report, continuing its dual drive of ecosystem expansion and security evolution. Within the ecosystem, the wallet has integrated popular on-chain applications such as Bidask, 1DEX, and Rhea Finance, and launched multi-faceted operational activities. Furthermore, Gate launched a VIP system refresh program, offering discounts of up to 75% on spot trading fees and multiple benefits for contracts, lending, and other businesses, further enriching user scenarios and platform services. Regarding user value and security, Gate completed a quarterly burn of over 1.92 million GT in the second quarter, representing over 60% of the total burn rate. The deflationary mechanism is steadily progressing, continuously strengthening token scarcity and ecosystem influence. Furthermore, the total reserve size increased to US$10.504 billion, with a total reserve ratio of 126.03%. Excess reserves increased by 10.66% month-over-month, maintaining its industry-leading position. Meanwhile, as of the latest data released on August 8, 2025, the total value of Gate's reserves has further increased to US$12.02 billion. Users can verify the asset coverage at any time on the official website. Gate further strengthens market trust through its transparent, secure, and verifiable fund protection system.
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