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    Home›Infrastructure›Over $7.2 billion have migrated from LayerZero to Chainlink CCIP as Mantle joins exodus
    Over $7.2 billion have migrated from LayerZero to Chainlink CCIP as Mantle joins exodus
    Image: CoinDesk
    Infrastructure⚡8.52h ago

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

    CoinDesk·3 min readJuly 9, 2026
    Infrastructure

    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.

    Key points
    • ▸Mantle migrates $2.5 billion in MNT token value to Chainlink CCIP.
    • ▸Total assets migrated from LayerZero to Chainlink CCIP exceed $7.24 billion.
    • ▸Migration follows the $292 million Kelp bridge exploit and increased security scrutiny.
    • ▸Chainlink CCIP replaces LayerZero for Mantle's Super Portal cross-chain transfers.
    Background

    Chainlink CCIP is a cross-chain communication protocol that uses a decentralized oracle network to secure token transfers and data across disparate blockchains. It aims to reduce the security risks inherent in traditional bridge architectures by providing a standardized, audited framework for interoperability. Mantle is a high-performance Ethereum Layer 2 network that utilizes a modular architecture to scale decentralized applications and tokenized assets.

    Relevance
    8.5/10
    #RwaSignal#Chainlink#LayerZero#Mantle#Interoperability#CCIP
    🔗Read the full article at CoinDesk →
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