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But doesn't it mean that "market cap" is generally gonna

be bigger? I mean that probably some of the spot positions will probably spread to futures

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marketcap is price * circulating supply

dF- Автор вопроса
Escalicha
marketcap is price * circulating supply

sure, that's why I used quotation marks. I mean, Binance will issue Woo contracts and some folks will probably sell their spot exposure to buy contracts instead.

it doesn’t usually work that way. You get pro traders who hold spot (maybe to stake on WOO X) and hedge short futured and the hedging short allows them to hold more spot positions

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