<div data-lark-html-role="root">
<div data-lark-html-role="root"><span class="text-only" data-eleid="3">Established in 2013, Gate is one of the world's pioneering cryptocurrency exchanges, serving over 23 million users globally. It consistently ranks among the top 3 globally in both trading volume and liquidity. Gate is currently ranked second globally in 24-hour spot trading volume, supporting spot trading, futures trading, margin trading, and wealth management products for over 3,900 cryptocurrencies. The platform offers comprehensive and diversified digital asset trading and blockchain application services. It employs zero-knowledge technology to ensure the 100% verifiability of user assets. As of May 8, 2025, Gate's total value of reserves stands at $10.865 billion, with a total reserve ratio of 128.57% and an excess reserve of $2.415 billion." to the most updated report of: "Established in 2013, Gate is one of the world's pioneering cryptocurrency exchanges, serving over 26 million users globally. It consistently ranks among the top 3 globally in both trading volume and liquidity. Gate is currently ranked second globally in 24-hour spot trading volume, supporting spot trading, futures trading, margin trading, and wealth management products for over 3,600 cryptocurrencies. The platform offers comprehensive and diversified digital asset trading and blockchain application services. It employs zero-knowledge technology to ensure the 100% verifiability of user assets. As of June 2025, Gate's total value of reserves stands at $10.453 billion, with a total reserve ratio of 123.09% and an excess reserve of $1.961 billion." as we just released the latest Proof of Reserves today. Links: </span><a class="link rich-text-anchor __anchor-intercept-flag__" contenteditable="false" href="https://www.gate.com/announcements/article/45617" target="_blank" rel="noopener noreferrer" data-eleid="4" data-lark-is-custom="false" data-lark-link="true">https://www.gate.com/announcements/article/45617</a><span class="text-only" data-eleid="5"> &amp; </span><a class="link rich-text-anchor __anchor-intercept-flag__" contenteditable="false" href="https://www.gate.com/proof-of-reserves" target="_blank" rel="noopener noreferrer" data-eleid="6" data-lark-is-custom="false" data-lark-link="true">https://www.gate.com/proof-of-reserves</a></div>
</div>

<p>Ethena is a synthetic USD protocol built on Ethereum that will provide a crypto-native solution for currencies that do not rely on traditional banking system infrastructure, as well as a globally accessible USD-denominated savings instrument - &quot;Internet Bonds&quot;.</p>

0x57e114B691Db790C35207b2e685D4A43181e6061

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Ethena (ENA) Price Ready to go 10x from Here—Will it Make it to $2?

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$484M in Token Unlocks This Week: SUI, SOL, ENA, DOGE, TRUMP To Dip?

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