Chainlink CCIP absorbs $2.5B+ in TVL as protocols flee LayerZero after Kelp DAO attack!

Chainlink's Cross-Chain Interoperability Protocol is emerging as the primary beneficiary of a post-exploit migration wave, with over $2.57 billion in total value locked now flowing in from protocols that have deprecated LayerZero. Kraken Bitcoin is the latest to make the switch, becoming at least the fourth major product to abandon LayerZero's cross-chain infrastructure in the wake of the Kelp DAO attack.

Kelp DAO, Solv Protocol, and Re had already completed their migrations, collectively accounting for the $2.57B TVL figure. Kraken Bitcoin's addition pushes the headline number higher and signals that the migration trend has momentum beyond the initial post-exploit reaction.

For Chainlink, this is a structural gain: protocols choosing CCIP aren't just patching a vulnerability — they're making a deliberate infrastructure commitment to a more established cross-chain standard. The…