GateToken Surges on Proof-of-Reserves Report

GateToken (GT) has seen a significant surge of 4.8% over the last 24 hours, driven largely by Gate's new proof-of-reserves report.

The report shows that as of August 19th, 2026, Gate holds total reserves of approximately $8.215 billion, with an overall reserve ratio of 127%, exceeding the 100% benchmark.

Notably, GT itself has a reserve ratio of around 131%, indicating strong over-collateralization relative to user balances.

The report highlights asset segregation, hot/cold wallet management, and zero-knowledge proof mechanisms, which together strengthen Gate's reputation as a relatively safer centralized platform.