Parcl v3 is a perpetuals dex that offers real estate index markets for speculating or hedging. Core features and improvements on previous iterations include more scalable liquidity provision, flexible governance, and risk management features that protect LPs and traders from excessive market imbalance. The design is heavily influenced by Synthetix perps.
Parcl's primary intention is to create a liquid market around the largest asset class in the world by leveraging world-class real estate data. The Parcl Ecosystem includes the Parcl DEX, Parcl Labs, and Parcl Limited.