Price chart
Loading Lighter candles…
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.
On Lighter, DRAM is a synthetic perpetual market with its own order book, so its mark price, funding rate and open interest can differ from the same instrument on another venue.
DRAM is listed as a Lighter synthetic 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
- 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.
- 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 price already reflects that USD-denominated ETF share, with no currency conversion involved.
- 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 market such as MU or SNDK, no individual company's news moves DRAM on its own.
- DRAM on Lighter is a synthetic perpetual market that tracks 1 share of the Roundhill Memory ETF (DRAM). It trades on Lighter, so you can go long or short without holding any units.
- DRAM on Lighter is a synthetic perpetual market that tracks 1 share of the Roundhill Memory ETF (DRAM). It trades on Lighter, so you can go long or short without holding any units.
- Can DRAM's price on Lighter differ from the price on other venues?
- Yes. Lighter's DRAM market runs its own order book, so its mark price, funding rate, and open interest can differ from the same instrument on another venue.
- What does it mean that Lighter runs its own order book?
- An order book is the live list of buy and sell orders in a market. Because DRAM on Lighter has its own book, prices are set by the orders on Lighter itself rather than imported from any other market.
Related instruments
Other Lighter markets sharing this asset's sectors.
Related articles
- Leveraged ETF Perps: Three Kinds of Leverage in One PositionSOXL, TQQQ, SOXS and TZA trade as perpetual futures on crypto venues. Work through the daily-reset arithmetic that makes a flat index cost money in both directions, what the perp wrapper adds on top, and why shorting both sides is a path bet rather than a free harvest.
- Trading Perpetual Futures: How They Work and What You Need to KnowUnderstand perpetual swaps (perps), how they differ from dated futures, how funding rates anchor their price to spot, and basis risk.
- Crypto Funding Rates: What They Are, Who Pays, and How to Trade ThemLearn how crypto funding rates work, how to calculate positive and negative funding fees, and how to read funding dashboards like Coinglass to predict market moves.
