Impressive growth metric for @Chainlink in Q2...

CCIP Pulls in Over $7B as Projects Ditch LayerZero

@Chainlink posted a strong second quarter, with its Cross-Chain Interoperability Protocol (CCIP) emerging as the headline story. More than $7.2 billion in cross-chain and wrapped assets have migrated from LayerZero to Chainlink's CCIP since May, with Mantle becoming the latest project to replace LayerZero for high-value token transfers. Migrations include Kelp and Lombard, both of which brought over $1 billion, as well as Solv Protocol, Virtuals, Re, and Kraken's tokenized assets.

The migration wave was partly accelerated by concerns over bridge security. Bridges between different blockchains have become one of crypto's largest security risks, with a single failure able to expose hundreds of millions of dollars in user assets. Chainlink's CCIP has positioned itself as the institutional-grade alternative, with projects citing security and control over token transfer settings as key reasons for the switch.

On the broader network, Chainlink's CCIP has facilitated over $21 billion in total transferred volume and supports more than $62 billion in tokens across over 60 blockchains as of July 2026. The protocol also reported over $110 billion in total value secured across its oracle and cross-chain infrastructure.

DTCC Integration Signals Deeper TradFi Commitment

Beyond the CCIP numbers, the quarter brought a notable institutional milestone. The Depository Trust and Clearing Corporation (DTCC), whose subsidiaries processed $4.7 quadrillion in securities transactions in 2025, will integrate Chainlink as the data and orchestration layer for its forthcoming tokenized collateral platform. DTCC's Collateral AppChain will leverage the Chainlink Runtime Environment (CRE) and Chainlink's data standard to support eligibility, valuation, margining, collateral optimization, and settlement. The platform is targeted for production launch in the fourth quarter of 2026.

Collaborations have also extended to Swift for tokenized workflows, and a consortium including Swift, DTCC, Euroclear, and 24 others developed unified infrastructure for corporate actions processing, leveraging Chainlink for data integrity. S&P Global Ratings brought Stablecoin Stability Assessments onchain via DataLink, while WisdomTree, Visa, Deutsche Boerse, SBI Group, GLEIF, Apex Group, ICE, Westpac, FTSE Russell, and Tradeweb all adopted Chainlink for various data publishing and settlement solutions.

Taken together, the Q2 figures point to Chainlink moving beyond pilot programs into production-level infrastructure for both DeFi protocols and major traditional finance institutions. The coming months, particularly the Q4 DTCC launch, will be a key test of whether that momentum holds.

Sources:
CoinDesk: Over $7.2 Billion Have Migrated From LayerZero to Chainlink CCIP
CoinDesk: DTCC Taps Chainlink for Its Tokenized Collateral Platform
Bitcoin News: Chainlink Lands DTCC Deal to Automate Collateral Workflows