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Parcl
Parcl is a decentralized trading platform on the Solana blockchain that allows users to speculate on real estate price movements through perpetual futures. It offers leveraged long and short positions on various global real estate markets.
Distributed
Description
Parcl is a decentralized exchange (DEX) built on Solana, designed to create a liquid market for real estate. The platform enables users to trade perpetual futures contracts tied to real-world real estate market price indexes. These indexes are powered by the Parcl Price Feed, which aggregates millions of data points daily for various cities. Users can trade with leverage, take long or short positions to speculate on price movements, or act as liquidity providers (LPs) by depositing USDC into single-sided liquidity pools to earn trading fees. The platform aims to provide transparent and accessible exposure to real estate as an asset class.Grant Funding
VC Funding
None
2021
$0
$4M