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A 16.8 Gbps/channel single-ended transceiver for SiP-based DRAM interface on silicon carrier channel is proposed in this paper. A transmitter, receiver, and channel are all included in a single package as SiP. A current mode 4:1 MUX with 1-tap feed-forward equalizer (FFE) is used as a serializer, and this 4:1 MUX uses 25% duty clock to prevent short circuit current when consecutive 2-phase clocks overlap. Additionally, an open drain output driver with asynchronous type 1-tap FFE is used in the transmitter. Because of its small physical size, a common mode variation of Si-carrier channel from process variation is more serious than that of conventional PCB. This common mode variation degrades bit error rates (BER) at single-ended signaling. To obtain effective single-ended signaling on Si-carrier channel, a source follower-based continuous time linear equalizers and self- ${\rm V}_{\rm REF}$ generator with training algorithm on the receiver are proposed. An implemented Si-carrier channel uses meshed layer as a reference to reduce insertion loss. A BER less than 1e-12 is achieved in 65 nm CMOS and the power efficiency of the transceiver is 5.9 pJ/bit with 120 $\Omega$ terminations at each transceiver side.