📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
The last time I followed a certain stablecoin project was in May, when a certain lab had just shared it and the TVL was still very low. I just checked the official website, and it has now become a monster worth 1.26 billion USD. Especially this month, the data has doubled!
Current TVL is $1.26 billion, with a monthly growth of 102%, and an over-collateralization rate of 108%.
Among them, BTC/ETH assets account for 60-70%, and stablecoins account for 30%.
The chain distribution is also mainly concentrated on Ethereum.