What is Parcl (PRCL)?

Parcl is a novel perpetual futures DEX focused on real estate and other real-world assets (RWAs).

How does Parcl get its price feeds?

The Parcl Price feeds are produced by Parcl Labs, Parcl’s real estate data subsidiary.

What Blockchain is Parcl built on?

Parcl is built on the Solana blockchain platform.

Parcl price

PRCL

4.0/5

CyberScope

4.0

05/10/2024

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USD

$0.41000

-4.43%

24h

All

Parcl price live data

The current price of Parcl is $0.41000. Since 00:00 UTC, Parcl has decreased by -4.43%. It currently has a circulating supply of 120,000,000 PRCL and a maximum supply of 1,000,000,000 PRCL, giving it a fully diluted market cap of $49.20M. At present, Parcl holds the 233 position in market cap rankings. The Parcl/USD price is updated in real-time.

Parcl price performance in USD

Time period	Change amount	%Chg
Today	-$0.01900	-4.43%
7 days	-$0.04300	-9.50%
30 days	-$0.09000	-18.01%
3 months	-$0.09000	-18.01%

Parcl market information

24h low$0.40500

Last price $0.41000

24h high$0.43900

Heat index ranking

195

Market cap ranking

233

Market cap

$49.20M

0.15%

All-time high

$1.0400

-60.58% (-$0.63000)

Apr 16, 2024 (3 weeks ago)

All-time low

$0.36700

+11.71% ($0.043000)

May 1, 2024 (1 week ago)

ICO date

04/12/2024

120,000,000 PRCL

$410.00M

About Parcl (PRCL)

Parcl is a Solana-based decentralized trading platform focused on real estate and RWAs. Parcl allows users to place leveraged long and short trades on cities and neighborhoods across the world through its DApp. The project was founded in 2021 with the mission to create a liquid market in real estate, the world’s largest asset class.

How does Parcl work?

Parcl leverages a decentralized perpetual futures architecture to enable the trading of real estate markets globally. The protocol uses stable coins as collateral, which act as a margin facility for traders, who can use margin to obtain leverage in the system. The price feeds, which are the reference price for the tradable markets are produced by Parcl Labs, Parcl’s real estate data subsidiary.

Parcl price and tokenomics

The PRCL token utility is several-fold. First, is governance over the protocol, initially with respect to protocol risk parameters. The token will also be a gating mechanism for the Parcl Labs API - where users will be able to access world class real estate data by staking PRCL. PRCL will also be used for ongoing incentives. Parcl has a maximum supply of 1 billion tokens. Team and investors are vested over 3 years.

About the founder

Parcl has three co-founders. Trevor Bacon and Kellan Grenier worked together at several hedge funds focused on technology investment. Jason Lewris, who leads Parcl Labs was formerly at Microsoft.

Parcl highlights

Parcl is a leading novel protocol on Solana in terms of TVL and volume. The protocol has traded over 1.4 Bn in real estate volume over the last several months. The addressable market for Parcl is massive, estimated at nearly 10 Trillion, and Parcl is a pioneering platform in this RWA category

Learn more about Parcl (PRCL)

Official website

Github

Block explorer