Add as a preferred source on GoogleGate Ranks Second in Spot Volume, Sixth in Tracked Assets Excluding Platform Token
Gate recorded $1.6 billion in 24-hour spot volume on Oct. 20. Its proof of reserves listed $8.688 billion across 500 tokens as of Oct. 18, with a 118.49% reserve ratio.
Gate ranked second among centralized exchanges in 24-hour spot volume on Oct. 20, while its tracked on-chain assets ranked sixth when its platform token was excluded.
Spot volume totaled $1.6 billion over the 24-hour period. Gate's tracked on-chain assets were valued at about $7.49 billion. Excluding its platform token brought the total to about $6.19 billion, placing the exchange sixth by that measure.
Separately, Gate's latest proof of reserves showed total reserves of $8.688 billion as of Oct. 18. The reserve ratio was 118.49%, covering 500 tokens.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.