Virtuals Protocol said it is migrating more than $700m worth of VIRTUAL token infrastructure from LayerZero to Chainlink CCIP. It becomes one of several major protocols to leave LayerZero following the KelpDAO exploit fallout. In a June 4 announcement, Virtuals said it conducted a full security review after the “LayerZero-related exploit” and ultimately selected Chainlink’s Cross-Chain Interoperability Protocol [CCIP] as its exclusive cross-chain infrastructure provider.