DRAM Token Debuts on Bybit Futures with 20x Leverage

Bybit has listed a new perpetual contract for DRAMUSDT, offering traders up to 20x leverage. DRAM is a tokenized derivative of the Roundhill Memory ETF, a crypto asset that tracks AI infrastructure and memory pricing themes. This listing opens a fresh speculative venue for traders eyeing the intersection of tokenized ETFs and high-leverage futures.

What Happened

On May 19, 2026, Bybit announced the launch of the DRAMUSDT perpetual contract. The token, priced near $48.41 at the time of listing, is now tradable with up to 20x leverage on the exchange. DRAM is not a traditional equity ETF but a cryptocurrency token representing a derivative of the Roundhill Memory ETF, which focuses on memory-chip and AI infrastructure companies.

Brave search results indicate that DRAM has drawn attention from analysts like James Seyffart, who called it a “major launch surpassing IBIT.” The token is also linked to broader AI infrastructure narratives, with memory pricing trends and data-center demand cited as catalysts. However, these are third-party observations and should be treated cautiously.

Token Snapshot

• Symbol: DRAM
• Name: Roundhill Memory ETF (Derivatives)
• Category: Tokenized ETF derivative
• Blockchain: Ethereum (contract: 0x7D66f4F573ccE2EC18E7C171ACD5BBBAA7b1b7b1)
• Total Supply: ~5.5 million DRAM (per CoinMarketCap and Coinbase)
• 24h Price Change: -8.02% (at time of data)
• Active Markets: 21
• Tags: Binance Ecosystem, Binance Listing, Tokenized Assets, Tokenized ETFs, TradFi Assets (Derivatives)

Note: DRAM is not listed on Binance for spot trading. Bybit is currently the primary venue for futures exposure.

Risk Considerations

Trading tokenized ETF derivatives carries unique risks:

• Price volatility: DRAM has already shown sharp moves, dropping over 8% in 24 hours.
• Leverage risk: 20x leverage amplifies both gains and losses; liquidations can occur rapidly.
• Low liquidity: With only 7 holders and 7 transactions on Ethereum, the token’s on-chain activity is minimal.
• Regulatory uncertainty: Tokenized securities may face evolving compliance requirements.

Always perform your own due diligence and never risk more than you can afford to lose.

Where to Trade

DRAMUSDT perpetual futures are available exclusively on Bybit. To automate your trading strategy, consider using our bot for efficient execution.

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