Over $7.2 billion have migrated from LayerZero to Chainlink CCIP as Mantle joins exodus

Finance Over $7.2 billion have migrated from LayerZero to Chainlink CCIP as Mantle joins exodus Migrations to Chainlink CCIP so far include Kelp and Lombard, both of which brought over $1 billion, as well as Solv Protocol, Virtuals, Re and Kraken’s tokenized assets. By Francisco Rodrigues | Edited by Nikhilesh De Jul 9, 2026, 12:00 p.m. 2 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on Summary Show Mantle is migrating its $2.5 billion Super Portal from LayerZero to Chainlink's CCT standard to enhance security and control over token transfer settings. Migrations to Chainlink CCIP so far include Kelp and Lombard, both of which brought over $1 billion, as well as Solv Protocol, Virtuals, Re and Kraken’s tokenized assets. The Mantle migration will occur from July 9 to the 15, enabling the project to expand MNT token transfers to additional blockchain networks while securing assets via oracles. More than $7.2 billion in cross-chain and wrapped assets have migrated from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP) since May, with Mantle becoming the latest project to replace LayerZero for high-value token transfers. Mantle said it is migrating its Super Portal, which it co-developed with Bybit, from LayerZero's Omnichain Fungible Token (OFT) standard to Chainlink's Cross-Chain Token (CCT) standard. LayerZero and Chainlink CCIP both let token holders move assets between blockchains, a basic requirement as crypto markets spread across competing networks. The infrastructure matters because bridges between different blockchains have become one of crypto’s largest security risks, with a single failure able to expose hundreds of millions of dollars in user assets. The portal enables transfers of the MNT token between Ethereum and Solana, with support for additional blockchain networks planned. The migration includes MNT, the native token of Mantle's network, which has more than $2.5 billion in value locked. Mantle's move pushes the total value of announced migrations from LayerZero to Chainlink CCIP above $7.24 billion. The shift began after the $292 million Kelp bridge exploit earlier in the year, which increased scrutiny of LayerZero-powered bridge configurations. Kelp later announced it would migrate more than $1.5 billion in assets to Chainlink CCIP. Since then, Solv Protocol migrated $700 million in tokenized bitcoin, Re moved $475 million, Kraken transferred $330 million in wrapped assets, Lombard migrated more than $1 billion, Virtuals Protocol moved $700 million and Yuzu Money transferred $54.5 million. Mantle said its Super Portal will be suspended during the migration, which is scheduled to take place between July 9 and July 15. Existing MNT on Ethereum and Solana, along with MNT activity on Byreal and Bybit, will remain unaffected. "As tokenized financial assets move from concept to scale, the infrastructure that carries them across chains cannot be an afterthought," Emily Bao, a key advisor at Mantle, said in a statement. Under the new setup, Chainlink CCIP will secure MNT transfers using its decentralized oracle network. Mantle said the migration also gives it direct control over token pools and transfer settings under the CCT standard as it expands MNT to additional blockchain networks and tokenized asset markets. 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