Solv Protocol is migrating $700 million in SolvBTC assets from LayerZero to Chainlink.
TechFlame
2026-05-07 15:16
TechFlame2026-05-07 15:16
English
TechFlame reports that, according to market sources, Solv Protocol has announced the migration of over $700 million worth of SolvBTC and xSolvBTC from the LayerZero cross-chain bridge to Chainlink’s CCIP, and will discontinue support for LayerZero on networks including Corn, Berachain, Rootstock, and TAC. Solv stated that this decision is based on the latest security reviews and recent cross-chain attacks, adopting CCIP as its standard cross-chain infrastructure. This migration follows Kelp DAO’s shift to Chainlink after its LayerZero-based bridge suffered an attack involving approximately $292 million in rsETH.