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![DegenApe99 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::564889098.png) Degen Ape Trader [@DegenApe99](/creator/twitter/DegenApe99) on x 32.6K followers
Created: 2025-07-23 13:25:51 UTC

@DefiIgnas @ethena_labs There is no delta-neutral if you short $BTC but use USDC as collateral


XXX engagements

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**Related Topics**
[$btc](/topic/$btc)
[ethenalabs](/topic/ethenalabs)
[trader](/topic/trader)
[bitcoin](/topic/bitcoin)
[coins layer 1](/topic/coins-layer-1)
[coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem)
[coins pow](/topic/coins-pow)
[usdc](/topic/usdc)

[Post Link](https://x.com/DegenApe99/status/1948011680253767921)