Lombard has joined a growing list of crypto and DeFi projects moving away from LayerZero and adopting Chainlink CCIP following a major bridge exploit earlier this year.
The migration wave accelerated after a $292 million attack in April 2026 drained 116,500 rsETH from Kelp DAO through a LayerZero-powered bridge. After the incident, LayerZero admitted it “made a mistake” by allowing its own verifier network to secure high-value assets under the configuration that was being used.
Since then, several major platforms have shifted to Chainlink CCIP. Kraken announced it would use Chainlink CCIP as the exclusive cross-chain infrastructure for kBTC and future wrapped assets, citing enterprise-level security and compliance standards including ISO 27001 and SOC 2 Type 2 certifications.
Kelp DAO also moved its rsETH infrastructure to Chainlink CCIP in early May while disagreements with LayerZero over responsibility for the exploit continued.
LayerZero argued that the risky single-verifier setup involved in the exploit had not been approved by its team.
Meanwhile, Solv Protocol migrated around $700 million in tokenized Bitcoin assets, including SolvBTC and xSolvBTC, from LayerZero to Chainlink CCIP on May 7.
Another DeFi platform, Re.xyz, also shifted approximately $475 million in total value locked to Chainlink CCIP, pointing to the network’s 16 independent validator nodes and built-in transaction rate limits as important security advantages.
According to Chainlink, CCIP has now processed more than $28 trillion in cumulative on-chain transaction value and averages roughly $90 million in weekly token transfers.
The company also said Chainlink remains the only oracle platform holding both ISO 27001 and SOC 2 Type 2 certifications.
Following the backlash, LayerZero removed support for 1-of-1 Decentralized Verifier Network configurations and said it plans to move most routes toward stricter 5-of-5 verifier setups.
Despite the recent migrations, LayerZero stated that more than $9 billion in bridged assets have still moved through its infrastructure since April 19.
