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Solv Protocol Migrates to Chainlink CCIP After LayerZero Security Incident

Solv Protocol will phase out LayerZero bridging support for SolvBTC and xSolvBTC across multiple networks and adopt Chainlink CCIP for cross-chain infrastructure.

Sathish Kumar Kaliraj by Sathish Kumar Kaliraj
May 8, 2026 - Updated on May 11, 2026
in Market Updates
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Solv Protocol Migrates to Chainlink CCIP After LayerZero Security Incident

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  • Solv Protocol announced a migration from LayerZero to Chainlink CCIP.
  • The move follows a reported security incident involving LayerZero.
  • Solv will phase out LayerZero bridging support for SolvBTC and xSolvBTC.
  • The migration affects integrations with Corn, Berachain, Rootstock, and TAC.
  • Chainlink CCIP will serve as the official cross-chain infrastructure solution for more than $700 million in assets.

Solv Protocol Replaces LayerZero With Chainlink CCIP

Bitcoin-centric decentralized finance platform Solv Protocol announced that it will migrate to Chainlink CCIP from LayerZero following a major security incident involving the latter.

After an extensive security review, we have decided to deprecate @LayerZero_Core bridges for SolvBTC and xSolvBTC, and migrate to @Chainlink CCIP as our official cross-chain infrastructure solution for $700M+ in tokenized BTC (SolvBTC & xSolvBTC).

In light of recent industry… pic.twitter.com/t6y7v9rt8J

— Solv Protocol (@SolvProtocol) May 7, 2026

In a Thursday post, Solv Protocol stated that it will phase out LayerZero bridging support for SolvBTC and xSolvBTC across Corn, Berachain, Rootstock, and TAC. The protocol designated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as its official cross-chain infrastructure solution for assets exceeding $700 million.

Kelp DAO’s Security-Driven Shift Following rsETH Exploit

The migration announcement comes amid increased industry focus on cross-chain security following the April 18, 2026 exploit involving Kelp DAO’s rsETH bridge infrastructure. According to details shared by Kelp DAO, attackers allegedly forged a cross-chain message connected to the LayerZero-powered bridge, leading to the unauthorized release of approximately 116,500 rsETH from Ethereum mainnet escrow. The assets were valued at nearly $292 million at the time of the incident.

The exploit triggered liquidity disruptions across connected decentralized finance protocols and intensified scrutiny around bridge verification models and cross-chain messaging systems. Kelp DAO later stated that its migration to Chainlink CCIP was part of broader efforts to strengthen security protections for rsETH and improve the reliability of its cross-chain infrastructure. The incident has since become one of the most closely watched bridge-related security events in the DeFi sector during 2026.

Solv Cites Security Review and Infrastructure Standards

“In light of recent industry events, Solv reviewed its existing bridges and found that CCIP provided the strongest security assurances through its secure-by-default architecture, native risk controls and proactive monitoring”, wrote in the post.

Solv Protocol also stated that CCIP is widely recognized as a standard for decentralized interoperability and noted that it has been officially recognized by the White House as critical digital asset infrastructure.

FAQs

1. Why is Solv Protocol migrating from LayerZero to Chainlink CCIP?
Solv Protocol stated that it decided to migrate after conducting a security review following recent industry security incidents involving LayerZero-powered bridge infrastructure.

2. Which assets are affected by the Solv Protocol migration?
The migration affects SolvBTC and xSolvBTC, with LayerZero bridging support being phased out across Corn, Berachain, Rootstock, and TAC.

3. What is Chainlink CCIP?
Chainlink CCIP, or Cross-Chain Interoperability Protocol, is a cross-chain infrastructure solution designed to support secure communication and asset transfers between blockchain networks.

4. How much value will move to Chainlink CCIP under Solv Protocol?
According to Solv Protocol, Chainlink CCIP will become the official cross-chain infrastructure solution for more than $700 million in tokenized BTC assets.

Source: Solv Protocal

Disclaimer: Cryip's content is strictly for educational and informational purposes and does not constitute financial, legal, or investment advice. Cryptocurrency involves significant risk, and readers assume full responsibility for their own financial decisions. Asset references are never endorsements.

To make complex crypto topics accessible to readers at all experience levels, our team uses AI tools strictly to refine language, correct grammar, and simplify terminology. AI is never used to draft facts, source information, or form conclusions. Every article is fact-checked and approved by a human editor before publication. Read our full AI Use & Content Policy.

Tags: crypto security
Sathish Kumar Kaliraj

Sathish Kumar Kaliraj

Sathish Kumar Kaliraj is a crypto journalist and data analyst at Cryip, covering on-chain activity, market movements, and regulatory developments across the crypto industry. His reporting combines statistical analysis and blockchain data verification, drawing on certifications in data journalism, fact-checking (IFCN, Google News Initiative), and journalism fundamentals (NBC Universal Academy). His work has been cited by Coincu, Tech Times, and Bitcoinist.

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