XRP (XRP) GEX Today — Gamma Flip & Key Levels

Daily snapshot · 21 Sep 2026, 08:00 UTC · all expirations

Spot
1.44
Gamma flip
1.2910.2% below spot
Regime
Positive gamma
Positive peak (P1)
1.44
Negative peak (N1)
1.20
Max pain
1.5025 Sep 2026 expiry
Net GEX
+670.0K

XRP is in positive gamma: the gamma flip at 1.29 is 10.2% below spot (1.44). Above the flip, dealers are long gamma and tend to dampen moves. The top positive gamma peak (P1) is at 1.44 (+0.1% from spot), where dealer hedging tends to stabilize price. The top negative gamma peak (N1) is at 1.20 (-16.6% from spot), a volatility trigger rather than support. The flip moved +2.2% since the previous snapshot (1.26 → 1.29).

XRP net gamma exposure by strike with spot, gamma flip, P1 and N1
XRP net GEX by strike, all expirations · 21 Sep 2026, 08:00 UTC
XRP gamma exposure heatmap over the last 30 days
Heatmap: 21 Aug – 20 Sep · daily snapshot 21 Sep 2026, 08:00 UTC · the last 24 hours are live in the app. Open the live heatmap → · All GEX heatmaps
XRP spot price versus gamma flip, up to 30 daily snapshots
XRP spot vs gamma flip, up to 30 daily snapshots

XRP GEX levels — last 14 snapshots

SnapshotSpotGamma flipP1N1Regime
21 Sep 07:57 UTC 1.44 1.29 1.44 1.20 Positive
20 Sep 08:01 UTC 1.38 1.26 1.45 1.34 Positive
19 Sep 08:04 UTC 1.41 1.26 1.45 1.20 Positive
18 Sep 08:02 UTC 1.33 1.26 1.45 1.20 Positive
17 Sep 08:03 UTC 1.30 1.27 1.45 1.20 Positive
16 Sep 08:07 UTC 1.28 1.26 1.45 1.20 Positive
15 Sep 08:05 UTC 1.39 1.30 1.55 1.30 Positive
14 Sep 08:08 UTC 1.39 1.27 1.55 1.20 Positive
13 Sep 07:57 UTC 1.36 1.32 1.55 1.20 Positive
12 Sep 08:00 UTC 1.37 1.29 1.40 1.30 Positive
11 Sep 07:59 UTC 1.35 1.34 1.55 1.30 Positive
10 Sep 08:00 UTC 1.38 1.32 1.55 1.20 Positive
9 Sep 08:02 UTC 1.44 1.29 1.55 1.20 Positive
8 Sep 08:08 UTC 1.39 1.28 1.55 1.20 Positive

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About XRP (XRP) options GEX

XRP options come from fewer venues than bitcoin or ether options: GammaFlip reads them from Deribit and Bybit, without OKX. Fewer venues mean a smaller pool of positioning, so every level rests on fewer trades.

The chart turns that open interest into a net GEX profile across all listed expiries and labels:

With a thinner book, treat each marker as the center of a zone rather than a precise line: price reacting a little before or after a strike is normal. The regime still helps, since spot above the flip suggests calmer, range-bound trading and spot below it suggests hedging may add to momentum.

XRP has made sharp moves on legal and regulatory news in the past. Such jumps can be faster and larger than dealer rebalancing, so a level may be overrun without offering any resistance. Use the GEX heatmap to see whether a zone survived earlier spikes.

The page reflects one 08:00 UTC snapshot per day, so treat it as a morning map, not a live feed.

FAQ

What is XRP options GEX?

XRP options GEX is an estimate of the hedging flow dealers generate as the XRP price moves, derived from open interest on the XRP option strikes and expirations listed at the venues GammaFlip tracks.

Why should XRP levels be read as zones?

GammaFlip gathers XRP option data from Deribit and Bybit only, while bitcoin and ether also include OKX. With less positioning behind each peak, a price band around a strike is a more honest reading than the exact strike itself.

Can news override the XRP gamma levels?

Yes. A sharp move driven by news, such as a legal or regulatory headline, can be larger and faster than anything dealer hedging would absorb or add. Gamma levels describe hedging pressure, not a price floor or ceiling.

How current are the XRP levels shown here?

They come from a single daily snapshot at 08:00 UTC. The GammaFlip app refreshes the profile every 15 minutes and adds per-expiration views, the full heatmap and Monte Carlo projections.

Levels are derived from end-of-period options open interest and are published once a day. Educational information, not investment advice.