BackQuant is the closest thing to a direct competitor we have, and on crypto alone they are cheaper. Here is exactly where each one wins.
Both products compute dealer gamma positioning on crypto options and sell it over an API: gamma by strike, the call and put walls, the zero-gamma flip, and a historical series. If you are buying crypto GEX and nothing else, BackQuant is the cheaper option and we would rather say so here than have you find out afterwards. Where the two diverge is what sits around the crypto map.
| NoVo | BackQuant | |
|---|---|---|
| Crypto dealer map | Yes — gamma by strike, walls, flip, session history | Yes — gamma by strike, walls, flip, historical GEX |
| Crypto assets | 90 coins mapped — 7 with a real options book | BTC, ETH, SOL, HYPE and 100+ more |
| Equity dealer map on the API | Yes — SPY, QQQ and IWM, same key, same schema | Terminal only — their SPX, NDX and single-name GEX is not on the API |
| Option venues | Deribit-led book, with the US-listed ETF option book kept beside it | Deribit, Bybit, Binance, OKX for BTC/ETH |
| MCP server | Yes — 33 tools, 20 of them with no key at all | Yes |
| An analyst that answers in English | Dr. NoVo — asks the map, answers in plain English and names what it read | — JSON, interpretation is yours |
| Standing alerts with webhook delivery | Yes — signed HMAC payloads, per-alert cooldown | — |
| Freshness on every reading measured, retrieved or unknown | Yes — as_of, age_seconds and as_of_kind on all thirteen endpoints | — |
| Crypto-only price | $79/mo · $790/yr | $49/mo standalone |
| Both books on one key | $79 crypto, $149 entry, $399 Live | Crypto API; equity is a separate Terminal product |
| Best for | Someone who wants crypto and index positioning through one integration, or who wants the reading interpreted | A crypto-only buyer who wants the cheapest strike-level GEX feed |
They are good, and the price is the sharp end of it. $49 a month buys strike-level gamma exposure, ranked call and put walls, the zero-gamma flip, a historical GEX series and dealer positioning with regime detection, across BTC, ETH, SOL, HYPE and a hundred more assets, sourced from four option venues. They ship an MCP server too, so the AI-client story is not ours alone. If your entire requirement is a crypto GEX feed, they cover it for thirty dollars less than we do and we are not going to pretend otherwise.
Three things, and only the first is about coverage.
Both books, one key. Our equity dealer map on SPY, QQQ and IWM comes down the same API, with the same schema and the same freshness fields, as the crypto map. BackQuant has equity GEX and it is a Terminal product, not an API one — so a question like is the index tape leading crypto today needs two vendors and two integrations rather than one call.
The analyst layer. Every vendor in this category sells you JSON and leaves the reading to you. Dr. NoVo answers the question in plain English off the live map and cites which tools produced which number, so the answer can be checked rather than believed.
The instrument is honest about itself. Every reading carries when it was measured, how many seconds ago, and what kind of measurement it is. Nothing is zero-filled: a collector that cannot see the book returns a 503, never a calm-looking zero. You can read the rules on data integrity and the failure codes on the error contract.
It is a real gap and it should decide the purchase for some people. If you want crypto gamma and nothing else, and you are happy reading JSON yourself, BackQuant is the better buy at $49. Our $79 is the same number as our crypto dashboard, deliberately, so the line stays coherent — and what it has to earn is the equity book beside the crypto one, the analyst, the alerts and the recorded history. If none of those matter to you, take the cheaper one.
Crypto only, on a budget, comfortable with raw data: BackQuant. Trading both the index tape and crypto, or wanting the map interpreted and alerted on rather than parsed: NoVo. They are closer to each other than either is to the rest of the field, and a desk could reasonably run both. See the crypto map, the API and MCP, or the whole crypto gamma field.
Comparison for information only, not financial advice. Competitor details and prices were verified against each provider’s own public pages in September 2026 and may have changed since; check with each provider before buying. NoVo is our product.
NoVo maps the live dealer positioning on SPY, QQQ and IWM, drawn on a scalping chart as the tape moves.
The member portal carries delayed dealer levels on SPY, QQQ and IWM: the gamma flip, the expected-move band, sectors, movers and the week’s catalysts. Dr. NoVo posts a Mid-Day Tape Review every trading day and the Week Ahead on Sundays. You also get the NoVo Discord: live discussion and Dr. NoVo’s daily dealer-map read.
Create your free account Join the new NoVo Discord →Market data on this page is delayed and provided for general information only. It is not financial advice or a recommendation to trade. VIX/VXN/RVX are ~15-minute delayed (CBOE); index values use E-mini futures. Options trading involves significant risk of loss. © 2026 NoVo Options Trading LLC, d.b.a. NoVo Crypto Trading.