DRAM6900$—+0.00%·Treasury AUM$—+—·Tax Reinvested (24h)$—+—·Buy / Sell Tax5% / 5%→ DRAM long·Weekly BurnFridaysProfits → Burn·Tokens Burned (lifetime)——·Holdings1DRAM ETF perp·InceptionQ12026·DRAM6900 / ETH——·DRAM ETF Long (Hyperliquid)$—+0.00%·DRAM6900$—+0.00%·Treasury AUM$—+—·Tax Reinvested (24h)$—+—·Buy / Sell Tax5% / 5%→ DRAM long·Weekly BurnFridaysProfits → Burn·Tokens Burned (lifetime)——·Holdings1DRAM ETF perp·InceptionQ12026·DRAM6900 / ETH——·DRAM ETF Long (Hyperliquid)$—+0.00%·

Single-Thesis On-Chain Vehicle

A long position
on memory,
issued on-chain.

5/5 tax on every trade. Long DRAM ETF on Hyperliquid. Every Friday, profits buy back $DRAM6900 and burn it.

DRAM ETF · HL—↗

Invest in DRAM6900 Read the prospectus Verify addresses ↗

On-chain Transparency

All flows verifiable

Automated Treasury

Taxes → Long → Compound

Hyperliquid Native

Built for performance

DRAM ETF PERP

● LONG

+24.69%

Unrealized PnL

Position$12.4M

Entry$1.2345

Mark$1.5387

Funding+0.0027%

Key FactsAs of May 8, 2026

Ticker: DRAM6900
Inception: Q1 2026
Total Supply: 10,000
Tax: 5% / 5%
Tax Reinvestment: 100%
Long Venue: Hyperliquid

Reference Information

Official addresses

Bookmark these. Verify before any swap.

Token contract

Ethereum · ERC-20

0x0000000000000000000000000000000000000000

Verify before any swap.

View on Etherscan ↗

Treasury wallet

Ethereum

0x402dC6c18df7a15f768db325598adff2c7A63170

Collects tax. Forwards to Hyperliquid.

View on Etherscan ↗

Hyperliquid account

Hyperliquid

0x402dC6c18df7a15f768db325598adff2c7A63170

Holds the long DRAM ETF perp.

View on Hyperliquid ↗

Placeholders until launch. Live addresses signed from official socials.

Section 01

Investment
Objective

Read the full objective ↗

Long the DRAM ETF. One holding. Funded by tax on every trade.

Why memory

AI eats memory. Demand is structural.

Why on-chain

Permissionless. Every trade contributes.

Why one holding

Concentration is the strategy. We don't diversify.

Section 02

Tax in. Burn out.

Tax funds the long. Long generates profits. Profits buy $DRAM6900 and burn it. Every Friday.

01
Trade
Buy or sell $DRAM6900 on Uniswap.
02
Tax capture
5% per side hits the treasury.
03
Bridge
Treasury bridges to Hyperliquid as USDC.
04
Long DRAM ETF
Adds to the long DRAM ETF perp.
05
Friday burn
Profits buy back $DRAM6900 and burn it.

Mandate

100% long the DRAM ETF perp. We don't hedge. The position never closes.

Buyback & burn

Every Friday, profits market-buy $DRAM6900 and send it to the burn address. Supply only goes down.

Transparency

All addresses public. Every fill, every burn, on-chain.

Section 03

Holdings

One position. Long DRAM ETF perp on Hyperliquid. Cash is just transit.

Holding	Type	Weight	Note
DRAM ETF (Hyperliquid perp, long)	Perp position	100.00%	Sole strategic position
Operating cash (USDC)	Stablecoin	0.00%	Transit only — bridged to Hyperliquid

Sector look-through (DRAM ETF)

Memory Semiconductors78%

Memory Equipment14%

Storage / NAND6%

Cash & Other2%

Illustrative. Actual weights track the DRAM ETF.

Section 04

Fund Facts

The numbers.

Token

Token name: DRAM6900
Ticker: $DRAM6900
Network: Ethereum
Standard: ERC-20
Decimals: 18
Total supply: 10,000
Mint authority: Renounced
Liquidity: Locked / Burnt

Strategy & operations

Strategy: Single-thesis long
Underlying: DRAM ETF
Long venue: Hyperliquid (perp)
Tax reinvestment: 100% → ETF long
Buy tax: 5.00%
Sell tax: 5.00%
Profit policy: Buyback + burn
Burn cadence: Weekly (Fri)
Custody: On-chain multi-sig
Reporting: Quarterly attestations

Initial supply allocation

100% liquidity. No team allocation, no presale, no insiders.

Public liquidity100%

Section 05

Strategy comparison

Three ways to be long memory.

Feature	DRAM6900	DRAM ETF	Spot semis
Direct exposure to DRAM cycle	●	●	○
Trades 24/7	●	○	●
On-chain transparent treasury	●	○	○
Permissionless access	●	○	●
Reinvestment policy	100% of taxes	Distributions	—
Long venue	Hyperliquid (perp)	Issuer	—
Custody model	Multi-sig + Hyperliquid	Custodial	Self-custody
Single-thesis concentration	●	○	●

Section 06

How to invest

Buy on Uniswap or any ETH aggregator.

01
Open a wallet
MetaMask, Rabby or Coinbase. Fund with ETH.
02
Open a DEX
Uniswap or 1inch. Verify the URL.
03
Verify the contract
Use the address above. Trust nothing else.
04
Set slippage & swap
≥6% to clear the 5% tax. Confirm in wallet.

Trading venues

Contract & treasury addresses are above.

Uniswap ↗1inch ↗DEX Screener ↗Etherscan ↗Hyperliquid ↗

Investor advisory

Crypto is volatile. Token holds no claim on the ETF position. DYOR.

Section 08

FAQ

What is DRAM6900?+

An ERC-20 with a 5/5 tax. The tax longs the DRAM ETF on Hyperliquid. Profits buy back $DRAM6900 and burn it weekly.

What's the DRAM ETF?+

An ETF tracking memory-related semiconductor companies. We long the corresponding perp on Hyperliquid.

How does the burn work?+

Every Friday, the treasury takes profits from the DRAM ETF perp, market-buys $DRAM6900, and sends it to a burn address. The position itself never closes — only profits are rotated.

Why Hyperliquid?+

On-chain, transparent, deep liquidity. Every fill is public.

Is this a real fund?+

No. It's a meme token tracking a serious thesis. "Fund" on this site is descriptive only.

What are the risks?+

Volatility, smart-contract bugs, bridge failure, perp liquidation, total loss. Read the disclosures.

Section 09

Disclosures

Read these. Not investment advice.

Nature

DRAM6900 is an ERC-20 token. Not a security, not a registered fund. “Fund” here is descriptive only.

No claim on assets

Holders have no claim on the treasury or the ETF position.

Risk of total loss

Crypto can go to zero. So can DRAM6900.

Smart-contract, bridge & perp risk

Bugs, bridge failures, oracle manipulation, or perp liquidation can wipe the treasury.

No affiliation

Not affiliated with any DRAM manufacturer, ETF issuer, exchange, Hyperliquid, or regulator.

Jurisdictional restrictions

Verify your eligibility before transacting.

Forward-looking statements

Plans and targets are aspirational. Things change.

Built on Hyperliquid

Built on Hyperliquid.
Aligned with performance.

Deep, fast, on-chain. The natural venue for a perpetual long.

→Fully on-chain order book
→Public position & PnL
→Deep liquidity
→No middlemen

Open Hyperliquid ↗