# Lombard Moves $1B Bitcoin to Chainlink

**Published:** 2026-05-15T20:54:03.000Z  
**Topic:** Bitcoin  
**Sentiment:** bearish  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/657586db-f746-43e1-b05e-1ddd3c1e2c0f

Lombard Finance switched from LayerZero to Chainlink to secure $1 billion in Bitcoin assets following a $292 million Kelp DAO exploit.

Lombard Finance is shifting $1 billion in Bitcoin assets from LayerZero to Chainlink [2]. The Bitcoin DeFi protocol made the decision following the Kelp DAO exploit, which resulted in a loss of $292 million [2].

This migration represents a significant infrastructure pivot as the protocol seeks to secure its holdings after the security breach. The move effectively severs the protocol's reliance on LayerZero in favor of Chainlink's infrastructure. The transition highlights the sensitivity of DeFi protocols to security risks associated with their underlying technology providers.

The protocol is now relying on Chainlink to power its operations after severing ties with the previous provider [2].

## Sources
1. Cryptooceans — [Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1](https://www.cryptooceans.com/forums/topic/lombard-finance-dumps-layerzero-will-use-chainlink-to-power-1-billion-in-bitcoin-assets/)
2. Cryptooceans — [Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1](https://www.cryptooceans.com/lombard-finance-dumps-layerzero-will-use-chainlink-to-power-1-billion-in-bitcoin-assets/)

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Cite as: TrendWatcher, "Lombard Moves $1B Bitcoin to Chainlink", https://www.trendwatcher.in/article/657586db-f746-43e1-b05e-1ddd3c1e2c0f