Roundhill T-REX 2x Long DRAM Daily Target ETF

Memory chips power everything from smartphones to AI training clusters, and RAM is a geared way to trade the companies that make them. It targets twice the daily performance of the Roundhill Memory ETF, which itself holds global memory-semiconductor stocks working on DRAM, NAND and related storage. Roundhill Investments runs it together with the T-REX platform, using swaps to deliver the 2x daily objective and resetting each session. Like all daily-leveraged funds, its longer-run return drifts from twice the underlying because of compounding, and volatility erodes value in choppy conditions. At launch it drew unusually heavy first-day volume as memory prices surged on AI demand. The fund is aimed squarely at short-term traders betting on the memory cycle, with a fee reflecting the leverage and the daily rebalancing, and it is not meant to be held passively.

On MyRWA, RAM trades tokenized across 8 on-chain venues - see the listings below.