Wu Blockchain (@WuBlockchain): $2B in Protocol TVL Moves From LayerZero to Chainlink CCIP

$2B in Protocol TVL Moves From LayerZero to Chainlink CCIP Analyst Tom Wan notes that despite LayerZero's apology, protocols with ~$2 billion in combined TVL—including KelpDAO ($1.5B), SolvProtocol ($600M), and re ($200M)—are migrating to Chainlink CCIP. However, major assets like Ethena's USDe, Etherfi's weETH, and Bitgo's WBTC still utilize LayerZero's OFT standard. This exodus follows LayerZero's apology for poor communication during a recent exploit. The team admitted their internal RPC was attacked by the Lazarus Group and confessed to a 1/1 DVN misconfiguration that created a critical single point of failure. Source: https://x.com/tomwanhh/status/2053200067612258438?s=20