Kelp DAO Ditches LayerZero for Chainlink Cross-Chain Infrastructure After $292M Exploit
Kelp DAO has announced it is abandoning the LayerZero cross-chain protocol in favor of Chainlink’s cross-chain infrastructure, The Block reports.
This follows a $292 million exploit of a bridge associated with LayerZero. LayerZero previously blamed the breach on Kelp’s configuration setup, but Kelp countered that the configuration had been approved by LayerZero itself. The migration marks a broader reassessment of cross-chain security in the DeFi sector.