Question 1

What backs DSPY?

Accepted Answer

DSPY (SPDR S&P 500 ETF Trust Defichain) is backed by Tokenized exchange-traded funds (ETFs).

Question 2

Can I trade DSPY 24/7?

Accepted Answer

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

Question 3

Is DSPY permissionless to buy?

Accepted Answer

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