Gate Pioneers Proof of Security (PoSEC), Achieving 104.58% Cold Storage Coverage to Solidify Asset Security
Gate has officially introduced Proof of Security (PoSEC), a new asset security verification framework, becoming the first digital asset trading platform in the industry to launch a PoSEC security verification system. Since its founding in 2013, Gate has consistently placed user asset security at the forefront of its priorities. With the introduction of PoSEC, Gate extends security verification beyond reserve adequacy to include asset storage structures and risk coverage capabilities, further solidifying safeguards for user assets and providing a new practical approach to advancing industry security standards. PoSEC Focuses on Asset Storage Security and Quantifies Extreme-Risk Coverage Capabilities Unlike Proof of Reserves (PoR), which primarily verifies the adequacy of asset reserves, PoSEC places additional emphasis on asset storage security. By publicly disclosing the distribution of assets between platform cold storage and hot wallets, PoSEC provides visibility into asset storage structures and their ability to cover potential losses under extreme scenarios. PoSEC introduces the cold storage coverage ratio as a key metric to measure the extent to which cold storage covers total user assets. A coverage ratio ≥ 100% means that, under the applicable calculation methodology, cold storage alone would be sufficient to cover all user assets even if all assets held in hot wallets were lost. PoR and PoSEC serve complementary purposes, extending asset security verification from reserve adequacy to storage security and risk coverage, while providing users with more comprehensive and transparent information about asset security. Cold Storage Coverage Reaches 104.58%, with Open and Transparent Storage Structure According to the snapshot taken at 00:00 (UTC) on November 4, 2026, Gate’s cold storage coverage ratio reached 104.58%, with cold storage and hot wallet assets accounting for 88.26% and 11.74% of total assets, respectively. Cold storage assets include digital assets held offline and traditional assets under independent custody.
Key Takeaways
- Gate has officially introduced Proof of Security (PoSEC), a new asset security verification framework, becoming the first digital asset trading platform in the industry to launch a PoSEC security verification system.
- Since its founding in 2013, Gate has consistently placed user asset security at the forefront of its priorities.
- With the introduction of PoSEC, Gate extends security verification beyond reserve adequacy to include asset storage structures and risk coverage capabilities, further solidifying safeguards for user assets and providing a new…
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