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Solv Protocol and Re Switch to Chainlink CCIP, Moving Nearly $1B Away From Layerzero

By Jamie Redman | 2026-05-08 21:05:14 | 4 months ago

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Three decentralized finance ( DeFi) protocols managing nearly $1 billion in combined assets have moved or are actively moving their cross-chain infrastructure from Layerzero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP), highlighting a broader push toward different bridging standards.

Three DeFi Protocols Pull Nearly $1B From Layerzero After $292M April Exploit Solv Protocol announced this week

keywords : Defi|Bridge Attack|Chainlink|Cross-chain|Decentralized finance (Defi)

sentiment : NEGATIVE

category data : BLOCKCHAIN | LINK | CRYPTOCURRENCY | SECURITY INCIDENTS