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May 7, 2026

Solv Protocol Migrates $700 Million from LayerZero to Chainlink CCIP Across Multiple Chains

Solv Protocol announced migration of SolvBTC and xSolvBTC from LayerZero to Chainlink's Cross-Chain Interoperability Protocol across Corn, Berachain, Rootstock and TAC networks, covering approximately $700 million in assets.

May 7, 2026·3 sources
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Top claims

  • ▪The Kelp DAO exploit was valued at $292 million at the time of the attack.
  • ▪Hackers stole 116,500 restaked ETH tokens from Kelp DAO's LayerZero-powered bridge on April 18, 2026.
  • ▪Solv Protocol is migrating $700 million from LayerZero to Chainlink CCIP across multiple chains.

Topics

Blockchain oraclesBitcoinDeFiBlockchain interoperabilityLayer 2s

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