I'm pretty sure the clearances on manual trannies that specify ATF are smaller than those in an axle. I don't know of any final drives spec'd for anything but gear oil do you?
Speaking of which.... all automotive axles are vented. I don't think the 4000 series axle is vented. So maybe thats why minimally expanding hydraulic fluid is specified?
Clearances inside manual trannies may be tighter, but the greatest forces
are always in the final drive due to torque multiplication. I know that Honda/
Acura FWDs use 30wt motor oil in their manual trannies, and the tranny
is integrated with the final drive. I suspect that many (most?) FWD cars
have integrated trannies/final drives. I was surprised when I found out
Honda used motor oil (in our long-gone Acura Integra).
As for venting, all the 4x4 tractors I have had were unvented in the front,
regardless of whether gear oil or hyd was specced. Perhaps tractor MFWD
axles are not vented because they are highly exposed to mud or water
above the fill port. If someone wants to try to vent their axle, I suggest
using a protected rubber tube that ends in a higher location. Off roaders
do that for their rear end vents to keep water out of there.