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Multiple protocols migrate from LayerZero to Chainlink CCIP, with total TVL exceeding $2 billion
BlockBeats News, May 10, according to analyst Tom Wan, although LayerZero has issued an apology statement, multiple protocols with a combined TVL of about $2 billion have announced their migration to Chainlink CCIP, including KelpDAO ($1.5 billion), SolvProtocol ($600 million), and re ($200 million). Meanwhile, top assets that are still using the LayerZero OFT standard include: USDe/sUSDe (Ethena), weETH (Etherfi), USDT0 (Tether), thBILL (Theo), and WBTC (Bitgo). The specific migration progress is still subject to announcements from the projects.
Previously, LayerZero officially apologized for poor communication in response to a security incident over the past nearly three weeks. The official statement acknowledged that its internal RPC was attacked by the Lazarus Group and admitted that it had mistakenly allowed LayerZero Labs DVN to serve as a 1/1 verification node for high-value transactions, resulting in a single point of risk.