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Multiple Protocols Migrate from LayerZero to Chainlink CCIP, Total TVL Surpasses $2 Billion
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2026-05-10 01:45

BlockBeats News, May 10th, according to analyst Tom Wan, despite LayerZero issuing an apology statement, multiple protocols with a total TVL of approximately $20 billion have announced migration to the Chainlink CCIP. These include KelpDAO ($15 billion), SolvProtocol ($6 billion), and re ($2 billion). Meanwhile, the top assets still using the LayerZero OFT standard include: USDe/sUSDe (Ethena), weETH (Etherfi), USDT0 (Tether), thBILL (Theo), and WBTC (Bitgo). The specific migration schedule is subject to further announcement by the projects.

Previously, LayerZero formally apologized for its poor communication in handling the security incident over the past three weeks. The official acknowledgment stated that its internal RPC was compromised by the Lazarus Group and admitted that they had mistakenly allowed LayerZero Labs DVN to act as a 1/1 validation node for high-value transactions, leading to a single point of failure.

Fuente:BlockBeats

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