Maybe there really aren’t that many people in the blockchain space, or retail investors just don’t have much money. Binance’s previous Plasma fixed deposit event offered 10k USDT deposit limits to 50,000 users, with super high monthly interest rates. But it took several days to fill up, and only got fully subscribed after the deposit limit was raised to 50k USDT. Thinking about how the price of XPL pre-market contracts dropped quite a bit after WLFI launched, it’s probably because the big players participating in WLFI and XPL are… pretty much the same group of people. So after cashing out from WLFI, they moved on to hedge with XPL.