Gate Reserve Report: Total Reserves Rise to $8.215B, Coverage Ratio 127%

A coverage ratio above 100% is table stakes for exchanges now, so the more telling detail is that Gate is publishing the figure at all — reserve reporting has become a competitive and regulatory reflex rather than a differentiator. The number matters less than its composition and cadence: whether the disclosed reserves are dominated by the exchange's own token, how frequently the snapshot is refreshed, and whether an independent attestation backs it. For users weighing where to hold assets, the open question is whether Gate sustains and expands this disclosure over time.