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BitGo’s WBTC move pushes LayerZero-to-Chainlink tally near $15 billion

CryptoInfo Editorial Team  ·  Published on August 04, 2026 at 13:00  ·  Updated on August 05, 2026  ·  1 min read

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Key Takeaways

  • The LayerZero-to-Chainlink migration tally has reached $14.5 billion.
  • A $292 million Kelp bridge exploit preceded this migration wave.
  • BitGo's WBTC move is part of this larger shift.
Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

A migration wave has pushed the LayerZero-to-Chainlink tally near $15 billion, following a $292 million Kelp bridge exploit.

BitGo's WBTC move is the latest in this migration wave, with announced LayerZero-to-Chainlink moves now totaling $14.5 billion, as reported by CoinDesk.

This development comes after a significant exploit, highlighting the ongoing shifts in the cryptocurrency and blockchain space.

Source: CoinDesk ↗