I am Praise
Active member
Parcl Labs' decentralized perpetuals exchange, Parcl (PRCL), has carved a unique niche in the DeFi space. Focused on real estate synthetics, Parcl allows users to gain exposure to the price movements of real-world cities like Miami Beach and New York through cutting-edge, real-time price feeds. This innovative approach has propelled Parcl to the top spot in terms of Total Value Locked (TVL) within the Solana ecosystem, exceeding a staggering $180 million.
Parcl's success is further demonstrated by the impressive activity on its V3 exchange. Within a few short months, users have facilitated the trading of over 2.1 million
square feet of notional real estate exposure, equivalent to over 1,400 physical properties. The total notional volume traded on V3 to date surpasses a remarkable $940
million. Additionally, the PRCL token itself is listed on the Bitget exchange, providing further accessibility and potential for the project.
