Coming soonNo vault yet. Nothing to buy.
Live baskets →$DRAMA
token pDRAMAcoming soonsemismemoryfoundryai-capexMemory & Foundry
Every AI capex dollar ends in a DRAM chip or a fab. Micron and SanDisk for the memory, Intel for the foundry, Nvidia and AMD for the GPUs that eat them — tilted by hyperscaler capex guidance.
- NAV (indexed)
- 87.55
- 24h
- −2.94%
- 7d
- −3.25%
- 30d
- −19.25%
- TVL
- —
- Holdings
- 5
Indicative NAV, 30d
Constant-mix index from tokens.xyz daily closes (CoinGecko for Solana natives). Not realised NAV; excludes fees and slippage.
Holdings
| Holding | Weight | Price | 24h | Liquidity | Issuer | Trust | Mint |
|---|---|---|---|---|---|---|---|
 MUMicron Technology | 30.0% | $869.90 | −2.47% | $6.02M | Backpack Securitiescash-redeemable | Tier 3 | MUxE…Gay1 |
 SNDKSanDisk | 20.0% | $1,280.94 | −4.24% | $1.02M | Backpack Securitiesshare-redeemable | Tier 3 | SNDK…RhfH |
 NVDANVIDIA | 20.0% | $213.72 | −2.09% | $8.77M | xStockscash-redeemable | Tier 2 | Xsc9…9qEh |
| 15.0% | $87.11 | −1.86% | $360.0K | Backpack Securitiesshare-redeemable | Tier 3 | iNTC…xFaF | |
 AMDAMD | 15.0% | $514.39 | −4.40% | $681.1K | Backpack Securitiesshare-redeemable | Tier 3 | AMD8…jeES |
Weighting
Hand-set book scaled by hyperscaler capex guidance each earnings season; more capex, bigger memory sleeve.
- Rebalance
- monthly, or drift > 500 bps
- Max trade
- $50,000 per swap
Oracle marks
- MU
- Equity.US.MU/USD · shard 1
- SNDK
- Equity.US.SNDK/USD · shard 1
- NVDA
- Equity.US.NVDA/USD · shard 1
- INTC
- Equity.US.INTC/USD · shard 1
- AMD
- Equity.US.AMD/USD · shard 1
Pyth feeds. Equity feeds update in US market hours; crypto and metals 24/7. The keeper checks every feed id before it trades.
Rebalance log
No rebalances yet. The keeper starts when the vault is funded.
- Cadence
- monthly
- Drift trigger
- 500 bps
- Max trade
- $50,000 per swap
Risks
- Issuer
- Backpack Securities, xStocks. An issuer failure or freeze hits the basket.
- Liquidity
- Trades route through on-chain pools. Slippage is paid by the basket.
- Thin books
- AMD (max $5,000 per leg). Legs over 60 bps impact wait for the next rebalance.
- Contracts
- Voltr, Jupiter, issuer token programs, keeper keys.
- Jurisdiction
- Not for US or UK persons. Issuers can freeze ineligible holders.
- Tracking
- Follows its own rules, net of fees and slippage. Not a published index.
Not investment advice.