DRAM Memory Index (DRAM) Perpetual Futures

The open-interest-weighted DRAM funding rate is +0.0004% per 8 hours, or +0.49% annualised. Positive funding means longs pay shorts. Across exchanges it ranges from 0.0000% on Binance to +0.0050% on tradeXYZ. Compare all funding rates.

The DRAM perpetual is a crypto-settled futures contract with no expiry that tracks an index of DRAM memory prices. Traders post margin and gain or lose as the index moves, without buying memory chips or shares in any chip maker.

Memory prices follow supply and demand across a small group of large producers, mainly Samsung, SK Hynix and Micron. Demand from AI servers, PCs and smartphones, along with production cuts or new capacity, drives the cycle. Quarterly results from these firms often reset expectations for the whole sector.

A Micron share carries company-specific risks such as margins, management and product mix, while the DRAM perp follows memory prices across the industry. Traders can use the perp to isolate the memory cycle or pair it with a stock position. Coinperps also covers Micron perps.

Yes. The perpetual trades around the clock on crypto venues, including weekends and holidays. Chip stocks and memory price reports do not update on that schedule, so weekend moves reflect positioning and news, and the price can adjust once fresh index data or stock prices arrive.

DRAM perpetual futures are derivatives contracts that track the price of DRAM Memory Index and never expire. They settle in crypto, usually USDT or USDC, so you get long or short price exposure with leverage without owning the stocks in the index. A funding rate keeps the contract close to the reference price.

Funding is a payment between longs and shorts. When DRAM perps trade above the reference price, funding is positive and longs pay shorts. When they trade below it, shorts pay longs. Most exchanges settle every 8 hours and some, including Hyperliquid, settle every hour.

DRAM perps trade on 9 tracked exchanges. By volume the largest are Binance, tradeXYZ and Bybit. Compare fees and features on the best perpetual exchanges.

Coinperps does not give trading advice. Funding, open interest, the long/short ratio and liquidations show how other traders are positioned, but crowded positioning can last longer than expected. Size positions so a liquidation would not hurt you.