Question 1

What backs SQQQ?

Accepted Answer

SQQQ (ProShares UltraPro Short QQQ (Dinari Tokenized ETF)) is backed by Tokenized exchange-traded funds (ETFs).

Question 2

Can I trade SQQQ 24/7?

Accepted Answer

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

Question 3

Is SQQQ permissionless to buy?

Accepted Answer

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