Following recent industry security incidents, leading protocols are deprecating their legacy cross-chain and oracle solutions and migrating to Chainlink.

DeFi presents a unique opportunity to build an ecosystem of financial services accessible 24/7 worldwide to anyone with an Internet connection. However, that opportunity depends on critical infrastructure that can securely and reliably support value at scale.

Recent security incidents with cross-chain and data oracle infrastructure across the industry have resulted in the loss of hundreds of millions of dollars. These incidents reinforce a critical reality: security must be foundational to every DeFi protocol, digital asset, and onchain infrastructure. 

As organizations, small and large, reevaluate their security posture, they are arriving at the same conclusion: insecure legacy cross-chain bridges and data oracle infrastructure must be deprecated and migrated to secure-by-default infrastructure. As the most widely adopted oracle platform, Chainlink was built to the highest operational standards trusted in institutional finance and capable of reliably supporting trillions of dollars in onchain value, supporting this migration.

In just the last two weeks, seven top teams have announced their move to migrate critical infrastructure to Chainlink, representing more than $4 billion in total value.

This wave of migrations signals that teams are no longer willing to make compromises on security, and are increasingly standardizing on infrastructure with the strongest security guarantees, institutional-grade operational standards, and a proven track record of securing value in production.

Know when to move. pic.twitter.com/eWnmbQg5v3

— Chainlink (@chainlink) May 16, 2026

The Flight to Safety

Across DeFi, leading protocols and asset issuers are migrating away from legacy bridge and oracle solutions:

• Kraken is deprecating its legacy cross-chain provider and adopting Chainlink CCIP as its exclusive cross-chain infrastructure for Kraken Wrapped Bitcoin (kBTC) and all future Kraken Wrapped Assets ($330+ million migrated).
• KelpDAO is migrating rsETH to Chainlink CCIP and the Cross-Chain Token (CCT) standard ($1.5+ billion migrated).
• Lombard deprecated its legacy solution and is migrating Bitcoin-backed assets LBTC and BTC.b to Chainlink CCIP ($1+ billion migrated).
• Solv Protocol deprecated its legacy bridge solution and is migrating to Chainlink CCIP as its official cross-chain infrastructure for its tokenized Bitcoin assets SolvBTC and xSolvBTC ($700+ million migrated).
• Re is migrating Chainlink CCIP as the exclusive cross-chain infrastructure for reUSD after decommissioning its legacy bridging solution ($475+ million migrated).
• Tenbin is deprecating its legacy bridging solution and migrating to Chainlink CCIP as its exclusive interoperability infrastructure for tokenized RWAs, including tGLD, tMXN, and tBRL.
• Tydro deprecated its legacy data solution and migrated to Chainlink Data Feeds, with every market now secured by enterprise-grade Chainlink oracle infrastructure ($400+ million migrated).

In addition, Lido, the largest liquid staking protocol, which is using Chainlink CCIP as its official cross-chain infrastructure to secure $20 billion in wstETH, shared the security principles behind the decision of exclusively using CCIP and why it exceeded its rigorous security and risk requirements: Cross-Chain Security Principles: Why Lido’s Network Expansion Committee Chose Chainlink CCIP.

Why Leading Teams Are Migrating to Chainlink

From its inception, Chainlink has focused on building highly secure, reliable, and decentralized infrastructure, as it is the absolute prerequisite for bringing the world’s assets onchain. Since launching on mainnet in 2019, Chainlink decentralized oracle network infrastructure has securely enabled over $30 trillion in transaction value across 80+ public and private blockchains and now powers 70% of global DeFi markets.

A secure-by-default, defense-in-depth design is fundamental to the Chainlink platform. This is why Chainlink Data Feeds powers the majority of the DeFi ecosystem, and why leading DeFi teams are now standardizing on CCIP.

Why DeFi Is Standardizing on Chainlink CCIP

CCIP extends the Chainlink platform’s security-first design philosophy to cross-chain communication:

• Secure-by-Default Cross-Chain Infrastructure—CCIP establishes a secure-by-default architecture for cross-chain token transfers and messaging. Every CCIP bridge lane starts from a strong baseline of security, giving protocols and issuers a standardized framework for moving assets and data across chains.
• Decentralized Validation by Independent Node Operators—Every CCIP bridge lane is secured by at least 16 independent, security-reviewed node operators that validate cross-chain transactions through decentralized consensus. These node operators are distributed across different organizations and infrastructure environments, reducing dependence on any single validator, infrastructure provider, RPC dependency, or operational pathway. 
• Built-In Risk Controls—CCIP features native risk management mechanisms, including issuer-managed rate limits that restrict the amount of value that can move across a given lane over a defined period of time. These rate limits can function as circuit breakers, helping reduce the blast radius of abnormal activity and contain worst-case scenarios before they spread across the ecosystem.
• Cross-Chain Tokens and Issuer Control—CCIP underpins the Cross-Chain Token (CCT) standard, enabling tokens to move securely across blockchains while preserving native properties, liquidity, and composability. CCTs enable issuers to expand across chains without creating fragmented wrapped representations, splitting liquidity, or giving up control over token contracts. 
• Institutional Security Standards—Chainlink is the only oracle platform to hold SOC 2 Type 2 and ISO 27001 certifications. These certifications provide independent validation of Chainlink’s security controls, operational processes, and information security management systems. 

Chainlink’s security-first design philosophy is one key reason why CCIP is already being adopted by the world’s largest financial institutions to bring capital markets onchain, including Swift, Euroclear, UBS, Wellington Management, ANZ, Fidelity International, and many others.

Building the future of finance onchain requires infrastructure that can reliably secure institutional-scale value under even the most extreme adversarial conditions. As more assets move onchain and across chains, leading protocols are increasingly standardizing on Chainlink CCIP to benefit from its secure-by-default architecture, defense-in-depth risk management, and operational standards capable of supporting the next generation of global financial markets.

To learn more about the security-first architecture of CCIP, read the following blog: Chainlink CCIP: The Secure and Decentralized Cross-Chain Standard.