Episode
Crypto Giants Ditch LayerZero, Migrate to Chainlink
- Published
- May 15, 2026
- Duration seconds
- 101
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Summary
Crypto Giants Abandon LayerZero Bridges, Flocking to Chainlinks Cross-Chain Protocol In a significant shift, crypto projects are massively migrating from LayerZero bridges to Chainlinks Cross-Chain Interoperability Protocol, moving over $4 billion in assets. This exodus was triggered by the Kelp DAO hack in April, which exposed vulnerabilities in cross-chain technology. Lombard, a DeFi protocol, is leading the migration, moving over $1 billion worth of LBTC and BTC dot b assets. Other projects like Kelp DAO, Solv Protocol, Re, and Kraken have also jumped ship, totaling $4 billion in locked value. Chainlinks independent node operators, built-in rate limits, audited systems, and new Cross-Chain Token standard are attracting projects seeking safer cross-chain solutions. LayerZero has yet to respond, but Chainlinks chief business officer sees this as a clear move towards enhanced security standards. As more projects adopt these changes, cross-chain security will remain a priority, driving the industry towards more robust and reliable solutions. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/e56bcf4bc2a6f76d