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GEX Terminal

Know where the market will turn

The market maker positioning map for BTC and ETH options.

Know where the market will turn

How it works

What this gives you

Ready-made entry and stop levels — Call Wall, Put Wall, Gamma Flip, Max Pain.

Market regime insight: positive GEX — range, negative — trends and squeezes.

Snapshot history — verify how levels performed in the past.

Filters by exchange (Deribit, Bybit, OKX, Binance) and expiration (DTE).

How traders use this

A swing trader sets take-profit at the Call Wall — market makers sell there and rallies often stall.
A scalper checks the GEX sign: below the Gamma Flip moves accelerate — trend-following works.
Before expiration price often gravitates to Max Pain — useful for planning the week.

Frequently asked questions

The total gamma of market makers' option positions at each strike. It shows where they must buy or sell the underlying to hedge — and these flows create support and resistance levels.

The Call Wall is the strike with the largest positive Call GEX, often acting as resistance. The Put Wall is the strike with the largest Put GEX, often support. Marked P1/P2 and N1/N2 on the chart.

The price level where total GEX changes sign. Above it, hedging dampens moves (range); below it, hedging amplifies them (trends, squeezes). A key market-regime reference.

Deribit options data (OI, Greeks, IV) plus Bybit, OKX and Binance aggregation. Live mode refreshes every 60 seconds; historical snapshots are available for any date.

BTC and ETH — crypto's largest options markets. Each supports exchange filters, expiration (DTE) filters and ±5% zoom around spot.

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See also

GEX Levels BTC & ETH — Gamma Exposure, Gamma Flip, Call/Put Walls | Crypto Metrics Pro