# Parcl

>  Invest in the Global Real Estate Market

Parcl v3 is a perpetuals exchange designed for real estate synthetics, supporting cross-margined perps trading on various real estate markets.

Parcl v3 is a perpetuals exchange designed specifically for real estate synthetics. The platform supports cross-margined perpetuals trading on various real estate markets, allowing users to speculate on the price movements of different real estate assets without directly owning the underlying properties. Parcl v3 aims to provide a specialized financial instrument for investors and traders interested in the real estate sector.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2021-05-01
- Profile: https://thegrid.id/profiles/Parcl

## Products

- [Parcl Protocol](https://thegrid.id/profiles/Parcl): The Parcl Protocol is a decentralized exchange for real estate index markets, built on Solana. It offers perpetual futures contracts tied to city-specific real estate price indices, allowing users to speculate on or hedge against real estate market movements without owning physical property. The protocol features AMMs, up to 10x leverage, isolated liquidity pools for each market, and dynamic risk management. (RWA Tokenisation Platform, Live, Main Product)

## Assets

- [Parcl (PRCL)](https://thegrid.id/profiles/Parcl): PRCL is the governance and utility token of Parcl, a decentralized perpetuals exchange for real estate synthetics built on Solana. It is used to vote on protocol parameters, stake for trading fee discounts and rewards, and earn incentives for providing liquidity to real estate market pools. Token holders gain governance rights over risk management settings and can stake PRCL to access reduced fees when trading perpetual futures contracts tied to city-specific real estate price indices. (Utility)

## Links

- [Blog](https://www.parcl.co/blog)
- [Documentation](https://docs.parcl.co)
- [Whitepaper](https://www.parcllabs.com/articles/parcl-labs-price-feed-whitepaper)
- [Main](https://parcl.co)
- [Privacy policy](https://parcl.co/legal/privacy-policy)
- [Terms of Service](https://parcl.co/legal/terms-of-use)
- [Discord](https://discord.com/invite/parcl)
- [Twitter / X](https://x.com/parcl)
- [LinkedIn](https://www.linkedin.com/company/parclco)
- [GitHub](https://github.com/ParclFinance)
- [Twitter / X](https://x.com/parclfoundation)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP