DRAM Trading Strategies & Market Data
Track the Roundhill Memory ETF perpetual on Hyperliquid — live price, funding rate, open interest, 30-day realised volatility and worst drawdown. Every figure is read from Hyperliquid; anything it doesn't report is shown as unavailable. AlphaNet strategies for this market are coming soon.
Automated DRAM trading strategies.
No AlphaNet strategy trades DRAM yet. Live ROI, Sharpe ratio, drawdown and equity curves will appear here as soon as one goes live.
Live DRAM price and market data.
HYPERLIQUID HISTORY FOR THIS MARKET STARTS 2026-05-04. FIGURES NEEDING A LONGER WINDOW SHOW N/A.
About DRAM.
DRAM is the Roundhill Memory ETF, the first fund built solely around memory and storage semiconductors: a concentrated basket of the global DRAM, NAND and high-bandwidth memory makers and the suppliers that equip them. The thesis behind it is that memory is a secular growth story tied to the multi-decade buildout of AI infrastructure rather than just another leg of the semiconductor cycle.
For a systematic trader the basket is a cleaner way to hold the memory cycle than picking a single manufacturer: execution and single-name risk diversify away, leaving the cycle itself plus broad equity beta. Its holdings list across New York, Seoul and Taipei, so much of the information arrives while the US cash session is closed and the perpetual prices it alone.
Memory contract pricing
DRAM and NAND price direction drives the earnings of nearly every holding.
AI and HBM demand
High-bandwidth memory is the growth story the fund is built around.
Supplier capacity discipline
A handful of producers decide supply; restraint is what ends a downturn.
Cross-listing hours and FX
Holdings trade in three time zones; the perp runs through all of them.
Recent news.
Headlines moving DRAM right now.
No dedicated headlines for this symbol right now. Rather than pad this out with unrelated general crypto news, we're just not showing anything — check back later.
DRAM volatility and risk.
DRAM is running at 45.4% annualised 30-day realised volatility, 1.2× BTC's.
DRAM market FAQ.
What is the best DRAM trading strategy?
AlphaNet does not run a strategy on DRAM yet. The page tracks the Hyperliquid DRAM perpetual — price, funding rate, open interest, volatility and drawdown — and strategies will be listed here when they go live.
Can I trade DRAM on Hyperliquid?
Yes. Roundhill Memory ETF trades as a perpetual futures market on Hyperliquid, deployed on a HIP-3 builder market rather than the main crypto order books. Every figure on this page is read from Hyperliquid's own API, which has data for this market from 2026-05-04 onward.
How volatile is DRAM?
The volatility section shows 30-day realised volatility computed from Hyperliquid's daily closes, next to the worst peak-to-trough drawdown of simply holding the ETF. Where the market is too young for a window, the figure is shown as unavailable rather than estimated.
Why do some DRAM figures show N/A?
Because this market has not existed long enough for that window — Hyperliquid's history for DRAM starts on 2026-05-04. AlphaNet shows nothing rather than filling the gap with an estimate.
How is this different from holding Roundhill Memory ETF?
Holding DRAM took a 44.4% peak-to-trough loss over the history Hyperliquid has for this market. A systematic strategy would size and hedge that exposure, but none is live on DRAM yet.
What is the minimum allocation?
1,000 USDC per strategy. Capital stays in your own account; AlphaNet holds trading permission only.
What do DRAM funding rate and open interest indicate?
Positive funding means crowded longs paying shorts; negative means the reverse. Open interest is the total outstanding contracts on the DRAM perpetual.