Hassan Maishera
Lido announced via X on Wednesday that it is upgrading to Chainlink CCIP as its official cross-chain infrastructure for wstETH, adopting the CCT standard across all supported networks.
Thanks to this upgrade, cross-chain wstETH transfers will be secured by Chainlink CCIP to bring enhanced security, interoperability, and DAO-autonomy as wstETH expands across DeFi and new chains.
This integration builds on Lido’s existing use of the Chainlink platform, including secure Data Feeds that facilitate the adoption of stETH/wstETH across DeFi (e.g., Aave) and CCIP-powered Direct Staking rails that enables users to stake ETH directly from other networks and receive wstETH.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up 0.4% over the past 24 hours and is trading at $14.90 at press time.
Lido is a secure liquid staking solution for proof-of-stake (PoS) cryptocurrencies that supports Ethereum 2.0 (The Merge) staking and a growing ecosystem of other Layer 1 PoS blockchains. Its native LDO token is up 2% in the last 24 hours, trading at $0.7554 per coin.
