AI Memory Price Index โ The world's first tradeable memory chip price benchmark
Memory semiconductors are the most cyclical and supply-constrained component of the AI compute stack. Yet no tradeable instrument tracks chip prices directly.
CME, SGX โ all attempts to launch DRAM futures have failed. There is no exchange-traded memory commodity instrument anywhere in the world.
Q2 2026: DRAM contract prices +58-63% QoQ. HBM sold out through 2026. NAND contracts +70-75% QoQ. The biggest memory boom in history โ and no way to trade it directly.
AIMEM is the world's first on-chain memory price index, deployed on Hyperliquid via HIP-3 as a perpetual contract. Trade memory prices 24/7 with up to 10x leverage.
Unlike the DRAM ETF (which tracks stock prices), AIMEM tracks actual chip spot prices from TrendForce DRAMeXchange โ the industry standard.
Weighted basket of memory chip spot prices, reflecting AI-era demand patterns.
| Component | Weight | Base (Jan '26) | Current | Change | Data Source |
|---|---|---|---|---|---|
| DDR5 16Gb Spot | 35% | $28.00 | $37.20 | +32.9% | TrendForce |
| HBM Proxy | 30% | 100.00 | 131.72 | +31.7% | Stock basket |
| NAND 512Gb TLC | 20% | $22.00 | $20.60 | -6.4% | TrendForce |
| DDR4 16Gb Spot | 15% | $34.00 | $32.50 | -4.4% | TrendForce |
Since HBM chips have no public spot price, we construct a proxy from memory stock prices weighted by HBM market share: 50% SK Hynix (62% HBM share) + 25% Samsung (17%โ30%) + 25% Micron (21%).
The companies that make, package, and consume the memory chips AIMEM tracks.
Real-time scraped from TrendForce DRAMeXchange and stock exchanges.
Memory chip buyers (OEMs, cloud providers) hedge procurement costs. Manufacturers hedge revenue exposure.
Trade memory supercycles. Express views on AI compute demand. Bet on supply shortages.
Study commodity price discovery on-chain. Cross-asset correlation with NVDA, AI tokens.
| Ticker | vntl:AIMEM |
| Underlying | AIMEM Index (memory chip price basket) |
| Settlement | USDH (USD-pegged stablecoin) |
| Max Leverage | 10x |
| OI Cap | $10,000,000 |
| Mark Band | ยฑ20% of oracle |
| Trading Hours | 24/7/365 |
| Platform | Hyperliquid (HIP-3) |
Transparent, reproducible, and fully documented.
Index Formula:
AIMEM_t = 100 ร ฮฃ(w_i ร P_i_t / P_i_base)
Where w_i are component weights, P_i_t is the current price, and P_i_base is the January 1, 2026 price.
Oracle Architecture:
Data Layer (TrendForce scraper + stock APIs) โ Computation Layer (AIMEM engine) โ On-Chain Layer (Hyperliquid HIP-3 oracle push every 3 seconds).