Question 1

What backs SPY?

Accepted Answer

SPY (State Street SPDR S&P 500 ETF Trust (Dinari Tokenized ETF)) is backed by Tokenized exchange-traded funds (ETFs).

Question 2

Can I trade SPY 24/7?

Accepted Answer

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

Question 3

Is SPY permissionless to buy?

Accepted Answer

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