News

Solv Protocol Will Dump LayerZero, Migrate $700M Tokenized Bitcoin Tech to Chainlink

  • Jason Nelson--Decrypt
  • published date: 2026-05-07 22:31:02 UTC

Solv Protocol will move its tokenized Bitcoin infrastructure to Chainlink, following Kelp DAO's lead after it blamed LayerZero for a hack.

In brief <ul><li>Solv Protocol is migrating more than $700 million in tokenized Bitcoin infrastructure from LayerZero to Chainlink CCIP.</li><li>The move follows the $292 million KelpDAO exploit tie… [+4302 chars]