Question 1

What backs IDEFON?

Accepted Answer

IDEFON (iShares Defense Industrials Active ETF (Ondo Tokenized)) is backed by Tokenized exchange-traded funds (ETFs).

Question 2

Can I trade IDEFON 24/7?

Accepted Answer

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

Question 3

Is IDEFON permissionless to buy?

Accepted Answer

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