What is Parcl (PRCL)?
Parcl (PRCL) is a decentralized perpetuals exchange that focuses on real estate synthetics. Historically, investing in real estate involved buying, selling, or renting physical properties such as buildings or land. However, Parcl offers a novel approach to real estate investment by creating synthetic assets that are connected to real estate market indices. With these synthetic assets, traders can speculate or hedge on the performance of real estate markets worldwide without the need to own any physical properties.
How Parcl (PRCL) Works
The platform ensures solvency, eliminates credit risk, and maximizes capital efficiency through isolated pools that represent distinct markets. Liquidity providers earn trading fees and share in trader PnL, while skew management techniques maintain market equilibrium and mitigate risk. Parcl operates on a zero credit risk model, and traders have a range of position management tools at their disposal. The platform employs a robust liquidation mechanism to prevent further losses in the event of adverse market movements.
How Many Parcl (PRCL) Tokens Are in Circulation?
PRCL has a total supply of 1,000,000,000.
How to Buy Parcl (PRCL)
Check out the available PRCL trading pairs on Bitget!
Spot market
Parcl (PRCL) Resources