Trade Roundhill Memory ETF (DRAM) 24/7, permissionless
An actively managed fund that invests in companies involved in semiconductor memory and storage. One ticker for the whole memory trade instead of picking a single chipmaker. News about Roundhill Memory ETF does not wait for the Cboe BZX to open. On Based, you do not have to either.
Roundhill Memory ETF (DRAM)
$52.82+7.8%24h
Cboe BZX · United States · quoted in USD
DRAM trading hours on Based vs a broker
| When can you trade DRAM? | Based | Traditional broker |
|---|---|---|
| Weekdays, 9:30am to 4pm ET | Open | Open |
| Weeknights | Open | Closed, or limited after-hours sessions |
| Saturdays and Sundays | Open | Closed |
| Market holidays | Open | Closed |
How trading DRAM works here
The DRAM market lives on Hyperliquid, a decentralised platform, as a perpetual future that tracks the Roundhill Memory ETF price. Based is the self-custody wallet you trade it from, not a broker. You get price exposure, long or short, with leverage available. You do not own the underlying share, so there are no dividends and no voting rights. Like every perp, positions carry liquidation risk, and funding fees apply while they are open.
Getting in takes a self-custodial wallet and USDC. No brokerage account, no bank account, no application. Wondering how that compares to your current platform? See Based vs Robinhood.
Fees are flat and public: stock perps start at 0.014% taker and 0.008% maker, all-in, before any staking discounts. The full schedule is on the fees page.
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Frequently asked questions
- Can I trade DRAM on weekends?
- Yes. The Roundhill Memory ETF market on Based runs 24 hours a day, 7 days a week, including Saturdays, Sundays and market holidays. There is no closing bell.
- Do I need a broker to buy DRAM?
- No. Based is not a broker. It is a self-custody wallet that connects you to Hyperliquid, the decentralised platform where the DRAM market runs. There is no brokerage account to open and no bank account required.
- Do I own actual Roundhill Memory ETF shares on Based?
- No. What you trade through Based is a perpetual future on Hyperliquid tracking the DRAM price: a derivative, not the share. No dividends and no voting rights, and like every perp it carries liquidation risk, with funding fees while a position is open.
- What do I need to start trading DRAM?
- A self-custodial wallet and USDC to fund it. Connect the wallet, deposit, and trade. Setup usually takes a few minutes and does not involve an account application.
Start in three steps
- Step 1
Log in
Log in with your email or Google account. Based supports social logins for convenience, provided by Privy, a Stripe company. Wallets are self-custodial: only you have access to your funds. Neither Based nor Privy can access your wallet or account.
- Step 2
Fund it
Deposit USDC. You do not need a bank account to do it.
- Step 3
Trade 24/7
Stock and crypto perps. Nights, weekends, holidays.
Based is a self-custody wallet, not a broker. Markets are perpetual futures on Hyperliquid: derivatives with liquidation risk and funding fees, not the underlying stocks or coins. For information only, not financial advice.