Cryptocurrency exchange Gate released its latest Proof of Reserves (PoR) report on October 18, 2026, showing that total platform reserves increased by 5.7% to $8.688 billion, while its overall reserve ratio rose to 118.49%.
Customer net balances across the exchange totaled $7.332 billion, up from the previous period's overall reserve ratio of 117.26%. The report covers 500 cryptocurrencies and demonstrates complete backing across all major listed digital assets.
Core Asset and Stablecoin Holdings
For Bitcoin, user holdings grew from 21,116 BTC to 21,156 BTC, while Gate increased its platform reserve holdings from 25,466 BTC to 25,727 BTC. This pushed the BTC reserve coverage ratio up from 120.32% to 121.60%.
For Ethereum, user balances expanded from 350,840 ETH to 362,785 ETH, while platform reserves rose from 433,589 ETH to 449,042 ETH, boosting the ETH reserve ratio from 123.59% to 123.78%.
Combined user balances for stablecoins—including USDT, USD1, GUSD, and USDC—totaled approximately $1.497 billion against platform reserves of $1.746 billion, representing a reserve coverage ratio of 116.59%.
Key Takeaways
- Total Platform Reserves: Climbed 5.7% to $8.688 billion with an overall reserve ratio of 118.49%.
- Bitcoin (BTC): User balance of 21,156 BTC backed by 25,727 BTC in reserves (121.60% coverage).
- Ethereum (ETH): User balance of 362,785 ETH backed by 449,042 ETH in reserves (123.78% coverage).
- Altcoin Coverage: GT maintained a 129.00% reserve ratio, DOGE recorded 106.76%, and SOL reserve coverage stood at 102.51%.
Security Framework and Multi-Asset Platform Growth
To ensure transparency, Gate utilizes zero-knowledge proof (ZKP) technology, hot and cold wallet ownership proofs, Merkle Tree structures, and user balance snapshots to enable independent user verification. Founded in 2013 by Dr. Han, the exchange now serves over 62 million users globally.
The reserve update aligns with the platform's broader multi-asset expansion as Gate expands beyond crypto with 12,800 global equities, offering trading across 5,400+ digital assets alongside traditional finance products including metals, indices, forex, and commodities via its Gate Money application.
Why It Matters
Proof of Reserves audits remain a fundamental standard for centralized exchange transparency, offering verifiable evidence that customer funds are fully collateralized. By maintaining reserve coverage comfortably above 100% across major assets like BTC, ETH, and stablecoins, Gate provides liquidity reassurance to its retail and institutional user base. Continuous implementation of zero-knowledge cryptography further strengthens user data privacy while preserving verifiable solvency metrics during periods of market fluctuation.
