#LayerZeroExodus

About LayerZeroExodus

After the April KelpDAO bridge exploit drained $292M, trust in LayerZero cross-chain security has eroded. Lombard (over $1B in BTC-backed assets), KelpDAO, Solv Protocol, Re, and Kraken have completed or begun migrating from LayerZero to Chainlink CCIP, covering roughly $4B in assets. This is the largest collective migration in cross-chain infrastructure history. KelpDAO publicly accused LayerZero of approving the 1-of-1 DVN config it later blamed for the breach. The dispute continues.