Over $7.2 billion have migrated from LayerZero to Chainlink CCIP as Mantle joins exodus
Mantle is migrating its Super Portal from LayerZero's OFT standard to Chainlink's CCIP, joining a growing trend of major protocols shifting infrastructure following security concerns. This move involves over $2.5 billion in MNT token value and contributes to a total of $7.24 billion in assets that have migrated to Chainlink's cross-chain solution.
Why it matters
The migration highlights the critical importance of bridge security in the DeFi ecosystem, as protocols increasingly prioritize established oracle networks to mitigate the risk of multi-million dollar exploits.
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.
The article reports on a factual industry trend regarding infrastructure migration without using loaded language or taking a stance on the superiority of either technology provider.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in