WEEX has listed perpetual futures for Micron (MU) and SanDisk (SNDK) alongside a DRAM spot trading pair, all denominated in USDT. The move comes as memory-chip prices surge on AI demand, with analysts projecting a DRAM shortfall of roughly 10% this year widening to 29% by 2028.
The memory supercycle
DRAM and NAND prices are soaring, driven by AI workloads that gobble up high-bandwidth memory. Micron's HBM4 has entered volume production, and the company reported revenue growth of about 346% year-over-year in its latest quarter. SanDisk's datacenter revenue jumped 645% year-over-year, backed by supply agreements with multiple hyperscale cloud customers.
As of July 24, Micron traded around $921, up roughly 230% year-to-date. SanDisk was near $1,590, up about 570%. Deutsche Bank sees tight conditions lasting through 2030. Analysts at UBS argue the pricing upcycle is far from over.
Trading details and pullback risk
WEEX offers MU/USDT and SNDK/USDT futures with up to 100x leverage, both long and short, trading 24/7. The exchange also launched a DRAM spot pair. But the recent price action isn't all bullish: Micron fell about 8% over the past month, and SanDisk dropped roughly 16%. That pullback signals caution even as the long-term story stays intact.
WEEX's platform
WEEX now counts over 6.2 million users across more than 150 countries, with more than 1,200 spot trading pairs and up to 400x leverage in crypto futures. It maintains a 1,000 BTC Protection Fund and offers copy trading and AI trading tools. The new listings give traders direct, leveraged exposure to the memory cycle without leaving crypto rails.
The next big question is whether the recent pullback is a healthy correction or the start of a deeper slide. With supply constraints projected to tighten through 2030, the supercycle thesis remains intact — but short-term volatility is already here.
