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About DRAM
DRAM tracks the value of 1 share of Roundhill Memory ETF (DRAM). The DRAM ETF seeks to offer exposure to a basket of companies involved in memory semiconductors, including DRAM and related memory technologies used in AI, data centers, consumer electronics, and other compute-intensive applications.
DRAM is listed as a Hyperliquid HIP-3 perpetual market. Prices track traditional-asset exposure synthetically and do not represent ownership of the underlying shares, ETFs, commodities, or cash instruments. Educational market data only — not investment advice.
Sector tags: Semiconductors, Equity Indices.
Frequently Asked Questions
- What is DRAM on Hyperliquid?
- DRAM on Hyperliquid is a HIP-3 synthetic perpetual contract that tracks price exposure linked to 1 share of the Roundhill Memory ETF (DRAM) — a fund that offers exposure to a basket of companies involved in memory semiconductors, including DRAM and related memory technologies used in AI, data centers, and consumer electronics. It trades 24/7 on the xyz decentralized exchange within the Hyperliquid ecosystem, so you can go long or short without holding any shares.
- Does trading DRAM give me any of the rights of owning shares in the Roundhill Memory ETF?
- No. DRAM is a synthetic perpetual with no delivery mechanism or arbitrage bridge to the ETF's actual shares. It gives price exposure only — there are no shareholder rights, no dividends, no creation/redemption rights, and no claim on the underlying fund.
- Does DRAM's price move with a single memory-chip maker, or the whole basket?
- The whole basket. DRAM tracks the ETF's share price, which aggregates a basket of memory-semiconductor companies rather than any single stock — unlike a single-name HIP-3 market such as MU or SNDK, no individual company's news moves DRAM on its own.
- Where is the Roundhill Memory ETF listed, and in what currency does DRAM trade?
- The Roundhill Memory ETF is listed on a U.S. exchange and trades in U.S. dollars. DRAM's HIP-3 price already reflects that USD-denominated ETF share, with no currency conversion involved.
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