Question 1

What backs SOXL?

Accepted Answer

SOXL (Direxion Daily Semiconductor Bull 3X ETF (Dinari Tokenized ETF)) is backed by Tokenized exchange-traded funds (ETFs).

Question 2

Can I trade SOXL 24/7?

Accepted Answer

Yes — SOXL trades on-chain 24/7/365, including weekends when traditional markets are closed.

Question 3

Is SOXL permissionless to buy?

Accepted Answer

Partly — SOXL trades permissionlessly on secondary DEX pools, but minting or redeeming directly with the issuer requires KYC / accredited-investor eligibility.