Chainlink said in its official May 20, 2026 blog post, “The Great Chainlink Migration: $4+ Billion in DeFi Value Moves to Secure-by-Default Infrastructure,” that seven teams or projects had announced moves to Chainlink infrastructure over the prior two weeks. The announcement covers migrations to Chainlink CCIP and Chainlink Data Feeds, with more than $4 billion in Chainlink-reported value across wrapped assets, liquid staking, tokenized Bitcoin, stablecoins, tokenized real-world assets and oracle infrastructure.
Seven teams move assets and infrastructure to Chainlink
The list is Kraken, KelpDAO, Lombard, Solv Protocol, Re, Tenbin and Tydro. In the Chainlink blog post, Chainlink said Kraken is adopting CCIP as the exclusive cross-chain infrastructure for Kraken Wrapped Bitcoin, or kBTC, and future Kraken Wrapped Assets, with $330+ million migrated. Chainlink also said KelpDAO is moving rsETH to CCIP and the Cross-Chain Token standard, with $1.5+ billion migrated, while Lombard is migrating LBTC and BTC.b to CCIP, with $1+ billion migrated.
Chainlink said Solv Protocol is moving SolvBTC and xSolvBTC to CCIP, with $700+ million migrated. Re is adopting CCIP as the exclusive cross-chain infrastructure for reUSD, with $475+ million migrated. Tenbin is moving tokenized RWAs, including tGLD, tMXN and tBRL, to CCIP, although Chainlink’s post does not attach a specific migrated-dollar figure to Tenbin. Tydro is migrating from its previous data solution to Chainlink Data Feeds, with $400+ million migrated.
The announcement is more accurately described as a migration by seven teams or projects, not seven “major DeFi protocols.” The participants span exchanges, asset issuers, stablecoin infrastructure, tokenized RWA projects and oracle users. The value figures are reported by Chainlink and reflect announced migrations or integrations, not independently audited totals or confirmation that every integration has completed all operational phases.
Security framing remains Chainlink’s positioning
KelpDAO’s LayerZero-powered bridge suffered a $292 million rsETH exploit in April 2026, and later the incident led Kelp to migrate rsETH from LayerZero’s OFT standard to Chainlink CCIP. That incident provides external context for renewed bridge-risk scrutiny, while the broader migration narrative remains Chainlink’s framing.
Chainlink describes the migrations as a move toward “secure-by-default” infrastructure. The company highlights CCIP’s Risk Management Network, decentralized validation by independent node operators, rate limits and Cross-Chain Token controls as part of its security model. Those statements are Chainlink’s architecture claims, not an independent finding that the migrations eliminate bridge, oracle or operational risk.
Chainlink also cites prior work with institutions such as Swift, Euroclear and Fidelity International, along with compliance credentials including SOC 2 Type 2 and ISO 27001. Those references support Chainlink’s market positioning, but they do not independently validate the risk profile of each migration named in the May 20 blog post.
The confirmed status is narrow: on May 20, 2026, Chainlink announced that Kraken, KelpDAO, Lombard, Solv Protocol, Re, Tenbin and Tydro were moving more than $4 billion in reported value to CCIP or Data Feeds. The earlier reference to “late May 2024” has been removed because the cited migration announcement is dated May 20, 2026.