Learn crypto market structure
Explore guides to liquidation maps, options exposure, order books and trading tools. Start with a topic, then compare its definitions with the market data you follow.
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Liquidation maps
Guides to liquidation maps, heatmaps and estimated liquidation levels.
Options exposure
Guides to options Greeks, gamma exposure and options-market context.
Market microstructure
Guides to order books, market microstructure and order-flow measures.
Trading tools
Guides to chart tools, scripting concepts and product workflows.
Featured guides
What Is a Liquidation Heatmap?
Learn what a liquidation heatmap presents and how to read its estimated levels.
What Is GEX?
Review gamma exposure and its role in options-market analysis.
How to Read Order Book Depth
Learn how order-book depth displays resting bids and asks.
How to Calculate Liquidation Price
Review common inputs and assumptions in liquidation-price calculations.
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