More than $7.2 billion in cross-chain and wrapped assets have migrated from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP) since May, with Mantle becoming the latest project to replace LayerZero for high-value token transfers.
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.
Both LayerZero and Chainlink CCIP allow token holders to move assets between blockchains, a basic requirement as crypto markets spread across competing networks.
Infrastructure is important because bridges between different blockchains have become one of the biggest security risks in crypto, with a single failure capable of exposing hundreds of millions of dollars of user assets.
The portal enables transfers of the MNT token between Ethereum and Solana, with support for additional blockchain networks planned.
The migration includes MNT, the native token of the Mantle Network, with a locked value of over $2.5 billion. Mantle’s decision brings the total value of announced migrations from LayerZero to Chainlink CCIP above $7.24 billion.
