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![PhenVentures Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1684424920783294464.png) Phen [@PhenVentures](/creator/twitter/PhenVentures) on x 1065 followers
Created: 2025-07-24 08:31:23 UTC

@DefiIgnas @ethena_labs maybe cos they aren't comfortable yet w their risk assessment strategy that is fully permissionless esp they are handling $6.9b TVL

altho resolve just did XXXX% w eth and btc perps pos on hyperliquid

![](https://pbs.twimg.com/media/GwnABjSbcAAmRTr.jpg)

XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948299964750434447/c:line.svg)

**Related Topics**
[hyperliquid](/topic/hyperliquid)
[$69b](/topic/$69b)
[esp](/topic/esp)
[hedging](/topic/hedging)
[cos](/topic/cos)
[ethenalabs](/topic/ethenalabs)
[ethereum](/topic/ethereum)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/PhenVentures/status/1948299964750434447)