# Solv Protocol is leaving LayerZero after fallout from $292 million Kelp DAO exploit.

*web3 · news · 2026-05-07 · Decrypt*

## Key points

- Solv Protocol is migrating over $700 million in tokenized Bitcoin infrastructure from LayerZero to Chainlink CCIP.
- LayerZero bridge support for Corn, Berachain, Rootstock, and TAC will be deprecated by Solv.
- The migration follows a security review prompted by recent high-profile cross-chain bridge hacks including the Kelp DAO exploit.
- Solv aims to standardize on Chainlink CCIP for enhanced, institutional-grade security and reliability.

**Companies:** Chainlink, Solv Protocol
**Countries:** United States

[Read the full story on Decrypt](https://decrypt.co/367154/solv-protocol-dump-layerzero-migrate-700m-tokenized-bitcoin-chainlink)

---

Canonical: https://newsio.io/n/311dbdcf-2c4a-472b-921b-3334b7fbdb0c/solv-protocol-is-leaving-layerzero-after-fallout-from-292-million-kelp-dao-explo
Summarized by Newsio from Decrypt. https://newsio.io/how-it-works