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Solv Protocol drops LayerZero for Chainlink CCIP, second major exit after KelpDAO exploit
May 7, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan
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Solv Protocol is migrating its $700M tokenized Bitcoin portfolio from LayerZero to Chainlink CCIP, a major cross-chain infrastructure move that impacts bridging and DeFi security. The switch, making Solv the second major protocol to abandon LayerZero after the $292M KelpDAO exploit controversy, signals increased adoption of CCIP and security-driven migration among crypto projects.
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Solv Protocol has announced that it is migrating its entire $700 million tokenized Bitcoin portfolio from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This makes it the second major protocol to leave LayerZero’s bridging infrastructure following the controversy that surrounded its role in the $292 million KelpDAO exploit. Solv’s decision comes just two days after...
