According to official news from Gate, the Gate Contract Stock Zone officially launched five perpetual contract trading pairs at 14:30 on May 18, 2026 (UTC+8): DRAM (Roundhill Memory Chip ETF), HIMS (Hims & Hers Health), SHLD (Global X Defense Tech ETF), IWM (iShares Russell 2000 ETF), and FLNC (Fluence Energy). All five contracts are settled in USDT and support 1x to 20x leverage for both long and short positions. Investors can flexibly select their preferred leverage ratio based on their own strategies when placing orders.
This batch of newly listed products covers a wide range of sectors, including semiconductors, telemedicine, defense technology, small-cap stocks, and new energy storage, further enriching the asset matrix of Gate’s Contract Stock Zone. Below is a detailed analysis of the five new products.
DRAM: The World’s First Pure Memory Chip Themed ETF
DRAM (Roundhill Memory ETF) is the world’s first actively managed ETF focused exclusively on memory chips. Its major holdings include Micron Technology, SK Hynix, and Samsung Electronics—three giants in the storage chip industry. The ETF targets three core storage categories: DRAM, NAND flash, and HBM (High Bandwidth Memory).
Driven by surging demand for AI computing power, the memory chip sector is entering a powerful supercycle. Data shows that in Q1 2026, spot prices for DRAM rose by 90% to 150%, while NAND flash prices increased by 70% to 85%. The combined demand from AI servers, AI smartphones/PCs, and smart vehicles is fueling a new boom in the memory chip industry.
As of May 13, 2026, DRAM traded at approximately $54.54, offering investors a convenient tool to directly participate in the memory chip sector.
HIMS: America’s Leading Telemedicine Stock
HIMS (Hims & Hers Health Inc.) is a top online telemedicine platform in the United States, operating with a core service model of "online consultation + direct prescription delivery." The platform covers multiple verticals, including dermatology, hair loss treatment, mental health, and men’s health, and serves consumers directly.
Recently, HIMS shares underwent a significant pullback. On May 18, HIMS fell 11.02% in a single day, closing at $22.29. Over the past five trading days, the stock declined by a total of 23.51%. The immediate causes for this correction include underwhelming Q1 financial results and a $300 million convertible bond financing plan. However, from a long-term perspective, penetration in the US telemedicine market continues to rise, and HIMS, as an industry leader, maintains resilient fundamentals.
SHLD: Defense Technology Themed ETF
SHLD (Global X Defense Tech ETF) is a passive ETF tracking the global defense industry index. Its major holdings include RTX (Raytheon), Lockheed Martin (LMT), and Northrop Grumman (NOC)—leading US defense contractors.
Against a backdrop of heightened geopolitical uncertainty and expanding global military budgets, the defense technology sector has consistently attracted strong market attention. As of May 14, 2026, SHLD traded at approximately $64.13, with a 52-week range of $51.36 to $78.49. The launch of SHLD perpetual contracts provides investors with a tool for diversified exposure to the defense sector, along with leveraged trading capabilities.
IWM: The Barometer for US Small-Cap Stocks
IWM (iShares Russell 2000 ETF) is the most mainstream small-cap ETF in the US market, tracking the Russell 2000 Index and covering around 2,000 US small and mid-cap growth companies. It serves as a key indicator of the economic vitality of America’s small-cap sector.
As of May 12, 2026, IWM’s net asset value was about $282.48, with a year-to-date gain of 14.93%. Its 52-week trading range spans from $202.68 to $286.79. Russell 2000 index constituents are primarily US domestic companies, and amid shifting Federal Reserve monetary policy expectations, IWM often exhibits distinct performance patterns compared to large-cap indices. It’s a popular tool for investors seeking to diversify risk away from large-cap US equities.
FLNC: Global Leader in Energy Storage Systems
FLNC (Fluence Energy Inc.) is a global leader in large-scale energy storage systems, specializing in lithium battery storage equipment and storage software operation services. Its main clients are grid operators and new energy power plants, providing storage solutions for wind, solar, and other renewable energy sources.
FLNC is one of the most closely watched stocks in the energy storage sector. Since May, FLNC has performed strongly, with a monthly gain of over 81% and a year-to-date increase of about 11.73%. Over the past 52 weeks, its cumulative gain reached 282.35%. On May 6, the company released its Q2 2026 financial report, showing revenue of $622 million, up 44.18% year-over-year. Amid the accelerating global energy transition, the energy storage industry continues to benefit from rising renewable energy penetration, and FLNC, as an industry leader, has ample room for long-term growth.
Ongoing Expansion of Gate’s Contract Stock Zone
Gate’s Contract Stock Zone is a key segment of the Gate platform, dedicated to introducing traditional financial assets like US stocks and ETFs into the crypto trading ecosystem through perpetual contracts and tokenized stocks.
In Q1 2026, Gate added over 30 perpetual contract products for stocks and ETFs, covering tech giants (NVIDIA, Microsoft, Tesla, etc.), aerospace and defense leaders (Raytheon, Boeing, Lockheed Martin, etc.), consumer giants, and core ETFs. Previously, Gate launched high-profile products such as NVIDIA NVDAX and Tesla TSLAx. The five newly listed contracts mark a continuation of this expansion. Additionally, trading in the Contract Stock Zone uses a fully collateralized model, pegged 1:1 to real stock prices, providing users with a stable trading benchmark.
According to Gate’s official data, as of early 2026, cumulative trading volume in the Gate Stock Token Zone exceeded $140 billion, with a single-month market share reaching 89.1%, leading its category.
Risk Warning: Virtual asset trading carries high risks. Perpetual contract trading involves leverage, which can amplify losses and lead to significant capital depletion. The content of this article is an objective summary of market information and product updates and does not constitute investment advice. Investors should make prudent decisions based on their own risk tolerance and consult professional financial advisors when necessary.
Summary
On May 18, 2026, Gate’s Contract Stock Zone officially launched five perpetual contracts—DRAM, HIMS, SHLD, IWM, and FLNC—covering memory chip ETFs, leading telemedicine stocks, defense technology ETFs, small-cap barometers, and energy storage leaders across multiple core sectors. All five new products are settled in USDT and support 1x to 20x bi-directional leverage. As of May 19, Gate’s Contract Stock Zone has launched over 30 perpetual contract products in 2026, with cumulative trading volume surpassing $140 billion. Gate is accelerating the integration of crypto assets with traditional capital markets, offering global investors a broader range of cross-asset allocation options.
