Hodgkin–Huxley (HH) circuit can reproduce abundant neuronal firing activities, but it is hard to physically implement the HH circuit. To solve this issue, an implementable HH circuit with two N-type locally active memristors (LAMs) to respectively characterize its \({\textrm{Na}}^+\) and \({\textrm{K}}^+\) channels is proposed in this paper. Numerical explorations demonstrate that the N-type LAM-based Hodgkin–Huxley (N-LAM-HH) circuit can effectively generate periodic and chaotic firing activities. Moreover, a PCB-based hardware circuit is physically implemented and experimental measurement is performed. The experimentally captured time-domain waveforms of chaotic and periodic firing activities well confirm the numerical explorations. These verify the feasibility of the LAM in characterizing \({\textrm{Na}}^+\) and \({\textrm{K}}^+\) channels and the availability of the N-LAM-HH circuit in generating firing activities, which can assist us in building the memristor-based neuromorphic hardware and exploring spike-based applications