Pleasing Market is replacing LayerZero with Chainlink infrastructure after conducting an extensive security assessment following the recent $292 million exploit targeting Kelp DAO and LayerZero, according to a Wednesday statement.
With this move, Pleasing Market has become the latest project to move away from LayerZero in favor of Chainlink. The project joins KelpDAO, Solv Protocol, Re, Lombard, and Kraken, all of which have adopted Chainlink’s interoperability solutions.
The tokenized real-world asset platform will retire all LayerZero bridges and standardize on Chainlink CCIP for cross-chain transfers of PGOLD and USDpm. It has also adopted Chainlink Data Streams to provide secure pricing for tokenized precious metals across multiple blockchain networks.
The transition is designed to secure approximately $90 million in TVL while supporting growth across Arbitrum, Ethereum, Pharos, and future ecosystems, Pleasing Market stated.
The move comes amid heightened industry focus on bridge security, with cross-chain infrastructure continuing to represent one of the most vulnerable segments of decentralized finance.
