What is is futa gay?

It seems like you're asking about a niche topic related to a genre found in some types of anime, manga, or other fictional works. "Futa" or "futanari" is a Japanese term that is often used in adult anime and manga to refer to characters who have both male and female anatomical traits.

The question of whether "futa" is considered "gay" isn't straightforward, as it largely depends on context and individual perspectives. Here are some points to consider:

1. Fantasy Genre: Futanari is primarily a fantasy genre and does not necessarily align with real-world labels of sexual orientation. It often involves fantastical elements that don't exist in real life.

2. Audience Interpretation: Whether the content is considered "gay" might depend on who is consuming it and how they interpret it. Different audiences may have different perspectives based on their own experiences and cultural backgrounds.

3. Intent and Depiction: The intent behind the creation of such characters and how they are depicted in the media can influence how one might label or categorize it in terms of sexuality.

4. Varied Scenarios: Within the genre, scenarios can vary widely. Some might feature relationships or encounters that could be interpreted as gay, while others might not.

Ultimately, the interpretation can be subjective. If you're looking for a more nuanced understanding, it might be helpful to explore discussions in fan communities or analyses from media scholars who examine these kinds of topics.