Over $7.2 billion have migrated from LayerZero to Chainlink CCIP as Mantle joins exodus

Over $7.24 billion in cross-chain assets have migrated from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP) since May, signaling a significant shift in infrastructure preference for high-value token transfers. The latest project to join this exodus is Mantle, which is transitioning its Super Portal from LayerZero's Omnichain Fungible Token standard to Chainlink's Cross-Chain Token standard. This migration involves the MNT token, which holds over $2.5 billion in total value locked, and aims to enhance security following increased industry scrutiny of bridge configurations. The trend gained momentum after the $292 million Kelp bridge exploit, prompting major entities like Solv Protocol, Lombard, and Kraken to move billions in assets to Chainlink. By adopting CCIP, Mantle gains decentralized oracle security and direct control over token pools as it expands MNT across Ethereum, Solana, and future networks. This movement underscores the critical importance of secure interoperability infrastructure as tokenized financial assets scale globally. The transition highlights a broader market preference for robust, decentralized security standards to mitigate the systemic risks associated with cross-chain bridge failures.