Today2h ago
Project update
LayerZero removes 1/1 DVN setups and upgrades security

LayerZero removes 1/1 DVN setups and upgrades security

LayerZero has also issued a public apology for its handling of the Kelp DAO's exploit, admitting it had done "a terrible job on comms" and conceding it should not have allowed its DVN to act as the sole verifier for high-value transactions.


Despite the overhaul, the exodus is already underway. Protocols representing approximately $2B in combined TVL, including Kelp DAO ($1.5B), Solv ($600M), and Re ($200M), have announced migrations to Chainlink CCIP.