BTC
BTC
ETH
ETH
SOL
SOL
USDT
USDT
USDC
USDC
XRP
XRP
TRX
TRX
BNB
BNB
DOGE
DOGE
TON
TON
More Assets
Glassnode

Description

Definition. A heatmap of gamma exposure across strike prices over the trailing 365 days.

Technical. Strikes are bucketed into 100 logarithmically-spaced bins.

Interpretation. Green zones indicate positive GEX (dealers long gamma, dampening volatility), red zones indicate negative GEX (dealers short gamma, amplifying moves). Useful for identifying gamma walls, negative GEX clusters, and gamma flip points.