Crypto Gamma overview

Crypto Gamma provides options-derived Gamma context for supported crypto instruments.

The currently Gamma-enabled crypto instruments are:

• BTCUSDT;
• ETHUSDT.

Other crypto instruments can appear elsewhere in TensorAlgo without having Crypto Gamma coverage.

What the card can show

Depending on current data availability, Crypto Gamma can include:

• spot price and update age;
• Net Gamma and total absolute Gamma;
• total Call Gamma and total Put Gamma;
• ATM implied volatility;
• open interest, option count, and strike count;
• Call and Put open-interest totals and proportions;
• named levels such as Gamma Flip, Call Wall, Put Wall, and Max Pain;
• each named level's distance from spot in points and percentage;
• key structure grouped by shared strike;
• a nearest-level ladder with local ranking for the displayed rows.

The exact layout can differ from the futures GEX / OI card because the underlying crypto options market and expiry structure are different.

Continuous markets

Crypto trades continuously, but the options context can still change as:

• expiry approaches;
• implied volatility changes;
• positioning changes;
• the underlying price moves.

The existing dark-theme example remains valid and is kept here as an alternate visual reference.

Key Structure and Nearest Level Ladder

Key Structure summarizes the important named levels that are available for the current options context. The Nearest Level Ladder provides nearby strike rows with their Gamma, open interest, distance, and local ranking information.

Crypto Gamma and price data

Crypto Gamma and live crypto price streaming are related but separate capabilities.

A price stream does not automatically mean that Gamma data is available for the same symbol.

Important limitation

Crypto Gamma is market context, not a guaranteed signal.

Use it with a complete Playbook, clear invalidation, and appropriate risk controls.

The previous dark-theme structure example is also retained below.