Guavy AI Editorial TeamSentiment: -2Clout: 75

LayerZero Exodus Continues as Key Protocols Flee to Chainlink CCIP

A significant shift is underway in the crypto space as several prominent protocols announce their departure from LayerZero and move to Chainlink CCIP.

The total value locked (TVL) of these migrating protocols exceeds $2 billion, with KelpDAO holding a substantial $1.5 billion portion of this combined amount.

SolvProtocol and re are also among the key protocols making the switch, bringing their respective TVLs to $600 million and $200 million.