Yes, futures trading is a standard zero-sum transaction without considering the handling fee: all the profits gained by the profitable traders are equal to the sum of the losses of the losers, because there is no money to go elsewhere.

Futures is a zero-sum game.

The principle of zero-sum game is as follows:

When two people play chess, one will win and the other will lose. If the winner is calculated as 1 minute, the loser is-1 minute. Then if A wins N times, B must lose N times. If the number of times A fails is m, then the number of times B wins must be m ... In this way, the total score of A is (N-M) and the total score of B is (M-N). Obviously, (N-M)+(M-N)=0, which is the mathematical expression of zero-sum game.

Zero-sum game, also known as zero-sum game, is a concept of game theory and a non-cooperative game, as opposed to non-zero-sum game. Refers to all parties involved in the game. Under the strict competition, the gains of one party will inevitably mean the losses of the other party. The sum of the gains and losses of all parties in the game is always "zero", and there is no possibility of cooperation between the two sides.