Bitcoin GEX: Live Deribit Chart and How to Check Gamma Levels

Open the BTC gamma-exposure chart

View the Laevitas BTC gamma-by-strike chart. It displays call and put gamma across strikes for Deribit BTC options, with the chart set to all expirations. The available chart capture is timestamped September 26, 2026, so it should not be treated as confirmation of levels at the moment you read this. 3

How to check gamma flip and wall levels

The Laevitas view is useful for examining gamma by strike, but the available chart data does not verify a current gamma flip, call wall, or put wall price. For a modeled dealer-positioning view, CryptoDataDownload’s BTC GEX dashboard describes a map of net dealer gamma by strike and a gamma flip based on where cumulative gamma crosses zero. Its listing identifies the displayed data as a demo and says live access is restricted to Quant Desk, so confirm the dashboard’s data status before using its levels. 8

A gamma flip is a modeled threshold where the estimated net-gamma regime changes. The dashboard describes positive-gamma conditions as tending to dampen moves and negative-gamma conditions as tending to amplify them; these are interpretations of positioning, not guaranteed price outcomes. 812

Don’t confuse open-interest walls with GEX levels

Some BTC options pages report call and put walls based on open interest, while GEX tools estimate gamma positioning. Those measures are related to options positioning but are not interchangeable. For example, a separate options snapshot explicitly labels its wall levels as open-interest measurements. Check how a dashboard defines each level before comparing it with a GEX chart. 10

Bottom line: use the Laevitas chart to inspect Deribit gamma by strike, and consult a dashboard that exposes its current data and methodology for modeled dealer levels. No verified live gamma-flip, call-wall, or put-wall prices are available in the chart data provided here. 38