risk appetite is fragmenting desk risk limits

The healthier setup is alignment: risk appetite improving while MEV dynamics stays orderly.

Attention jumps quickly; capital moves more slowly.

Put beside current chatter on “XRP Community Tensions Boil Over as Ripple CEO Defends Token’s Role,” the incentive problem looks clearer.

The healthier setup is alignment: lending markets improving while NFT liquidity stays orderly.

If both bridge security and custody rails improve together, follow-through is more believable.

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