DRAM Memory Index (DRAM) Price on Hyperliquid
Auto-refreshes every 30s · Max leverage: 20x
Source: live price, 24h volume, open interest, and funding-rate data from the official Hyperliquid API (trade.xyz HIP-3 oracle feed), refreshed every 30 seconds.
Quick Summary — What is DRAM on Hyperliquid?
Yes, you can trade DRAM memory prices on Hyperliquid. DRAM trades as DRAM-PERP, a cash-settled synthetic index perpetual on the trade.xyz HIP-3 venue, and the live DRAM price is shown at the top of this page. It references the trade.xyz DRAM index oracle rather than any single company's shares, so it tracks the memory pricing cycle itself instead of a proxy such as Micron or SK Hynix equity. There is no expiry and no delivery: positions roll continuously, margin is posted in USDC, and funding settles hourly. Base fees are 0.09% taker and 0.03% maker under Hyperliquid's HIP-3 builder-market fee schedule. The contract trades 24/7, which matters more here than on most markets, because TrendForce and DRAMeXchange pricing updates and Samsung and SK Hynix memory-segment results land outside US session hours. Live DRAM price, funding rate, and 24h volume on this page are read from the Hyperliquid API on each load.
DRAM on Hyperliquid at a Glance
| Underlying | DRAM Memory Index (Index) |
|---|---|
| Market type | HIP-3 perpetual future via trade.xyz |
| Max leverage | 20x |
| Maker fee | 0.03% |
| Taker fee | 0.09% |
| Funding interval | Hourly |
| Margin & settlement | USDC — cash-settled, no expiry |
| Trading hours | 24/7, including weekends & holidays |
Live DRAM candles from the Hyperliquid API. Ready to trade? Get a 4% fee discount.
How to Trade DRAM Memory Index (DRAM) on Hyperliquid
DRAM is a synthetic index perpetual tracking global DRAM memory pricing on Hyperliquid via trade.xyz. The DRAM cycle is one of the dominant macro inputs to the semiconductor sector and a key leading indicator for AI infrastructure capex.
DRAM is a cash-settled perpetual futures contract on Hyperliquid, deployed via trade.xyz as a HIP-3 builder market. Unlike traditional futures, there is no expiry date and no physical delivery — positions roll continuously with funding rates settling every hour. All margin is denominated in USDC, and you can trade with up to 20x leverage.
HIP-3 markets extend Hyperliquid beyond crypto, bringing equities, commodities, and indices on-chain with 24/7 trading, no KYC, and the same on-chain order book infrastructure that powers Hyperliquid's native perpetuals.
Why Trade DRAM on Hyperliquid?
DRAM pricing is the single most-watched macro variable in the semiconductor cycle — it leads memory-supplier earnings (Micron, Samsung, SK Hynix), drives hyperscaler AI-server bill-of-materials cost, and reverberates into PC and smartphone unit demand. Until trade.xyz listed DRAM-PERP, there was no liquid, retail-accessible instrument to take a direct view on the DRAM cycle: traditional traders had to express it via Micron equity or via thinly traded LME-style spot contracts that are not accessible outside specialist commodities desks. DRAM-PERP on Hyperliquid is a perpetual referencing the trade.xyz DRAM index oracle, cash-settled in USDC, with hourly funding. For traders running an AI-infrastructure thesis, this is the cleanest hedge against the assumption that memory pricing stays elevated: if HBM and DDR5 contract prices roll over, the AI-server bill-of-materials cost compresses and hyperscaler capex can either pause or shift mix — DRAM-PERP lets you express that view directly rather than through the noise of single-name equity. The 24/7 perp is meaningful here because TrendForce, DRAMeXchange, and Asian memory-pricing reports release outside US session hours, and the contract is one of the only ways to react before any Micron or Samsung equity opens.
DRAM Contract Notes & Catalysts to Watch
DRAM-PERP tracks the trade.xyz DRAM memory index oracle with hourly funding. The biggest single-day moves track TrendForce monthly DRAM contract price reports (typically released around the start of each month), DRAMeXchange spot-price updates, Samsung and SK Hynix quarterly memory-segment earnings, and any Chinese government policy updates around domestic memory production (CXMT capacity announcements, US export restrictions). Funding rate has historically traded near zero in slow-cycle regimes and turned sharply positive during pricing recoveries — a useful leading signal for memory-equity rotations.
Related markets: CoreWeave (CRWV) AI-infra perp, Micron (MU) memory perp, SanDisk (SNDK) storage perp.
Key Market Facts
Leverage read from the Hyperliquid API; fee figures from Hyperliquid's published HIP-3 builder-market fee schedule.
Frequently Asked Questions
How do I trade DRAM on Hyperliquid?
DRAM is available as a HIP-3 perpetual future on Hyperliquid, deployed via trade.xyz. You can trade it the same way as any other perp - deposit USDC, select the market, and open a position with up to 20x leverage.
What are the fees for DRAM on Hyperliquid?
HIP-3 builder markets charge 0.09% taker fee and 0.03% maker fee. These are slightly higher than native perps because a portion goes to the builder (trade.xyz) who deployed the market.
Can I trade DRAM 24/7 on Hyperliquid?
Yes. Unlike traditional index markets that have set trading hours, DRAM perpetual futures on Hyperliquid trade around the clock - 24 hours a day, 7 days a week, including weekends and holidays.
How we source and review this market data
Data collection. Live DRAM price, funding rate, open interest, and 24h volume are pulled directly from the Hyperliquid API on every page load and cross-checked against the live trade.xyz interface, which is where DRAM-PERP is deployed as a HIP-3 builder market. Numbers shown are unedited machine values from those feeds — we do not hand-adjust prices or rates.
Editorial review. The trading context on DRAM-PERP — catalysts, contract specs, and the “why trade this” analysis — is written and reviewed by Concept211, an active Hyperliquid trader since February 2024 who trades perpetuals daily and builds automated bots on the Hyperliquid API. Each market is checked against the live trade.xyz interface before publishing.
Last reviewed. . Contract specs and catalysts are re-checked on a rolling basis; live data refreshes automatically. Read the full editorial methodology for how figures are sourced, verified, and corrected.
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Where the figures come from. Live DRAM price, funding rate, open interest and 24h volume are read from the Hyperliquid API, the same public endpoint the exchange serves its own front end from, and cross-checked against the live trade.xyz interface where DRAM-PERP is deployed. Figures refresh on every page load and again every 30 seconds while the page is open, so any number quoted from this page is a point-in-time reading rather than a daily close. Contract specifications and editorial context were last reviewed ; this page has been published since 2026.
Reuse. You may republish these figures with attribution and a link to entropyguides.com/markets/xyz/dram.
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