what's Parcl?
Parcl is a decentralized platform that enables users to gain exposure to global real estate markets through blockchain-based perpetual futures contracts. Built on the Solana blockchain, it allows traders to speculate on housing price movements in specific cities without owning physical property. Users can go long or short on markets like Miami or New York, using synthetic assets that track real-world price indices derived from high-frequency data sources. The platform integrates institutional-grade real estate data via Parcl Labs, providing daily price updates and APIs for advanced analytics. Liquidity providers earn fees from trading activity, while the system employs funding rates to keep perpetual contracts aligned with spot prices. Parcl democratizes access to real estate investing by requiring minimal capital and enabling instant trades, bypassing traditional barriers like large down payments and lengthy closings. Parcl's native token, PRCL, powers governance, staking, and premium features like enhanced API access. The protocol fosters a flywheel of growth through increasing trading volumes and market listings, aiming to bring the $300 trillion real estate asset class on-chain for broader participation.
Parcl CEO discussed real-time housing data on Fintech TV at NYSE on Jan 8, 2026.
contract
solana
Co-Founder and CEO Trevor Bacon appeared on Fintech TV at the New York Stock Exchange on January 8, 2026 to discuss real-time housing data offerings.
Raised over $11 million across two funding rounds in 2022 from investors including Dragonfly, Coinbase Ventures, and Solana Ventures.
Partnered with Polymarket to launch real estate prediction markets, with Parcl providing daily-updated, on-chain housing price indices for settlement of markets tracking median price per square foot across major U.S. cities and metros.
Dubai market on the platform is the strongest performing housing market, up 93% over the past 5 years.
Two thirds of investors on the platform are currently short the real estate market.
$PRCL listed among top 10 crypto arbitrage opportunities with 447% APR rate.
Miami Beach real estate is up +9.65% in the past month while NYC is down -0.79% on the platform.
Imminent rate decision creates time-sensitive trading opportunity for housing market positions on the platform.
$PRCL is trending on Kraken exchange today alongside $MXC and $PLUME.
Platform reaches $4.5B+ in real estate deals with 90,000+ active investors.
Platform maintains exclusive position as only venue for Miami-long/NYC-short real estate trading pairs since 2021.
Trading fees set at 1% of notional value, significantly higher than traditional markets.
New margin trading with 20x leverage and multi-collateral support launches on Polynomial platform.
Solana perpetual futures now account for one-third of total trading volume, marking successful expansion beyond initial real estate futures offering.
Platform records $281K+ individual trade with $13.7K PnL in Miami Beach market despite 5.3% local price dip.
Daily token unlocks of $35K began 15 days ago, with unlocked tokens already equivalent to 2/3 of yearly revenue ($750K).
Protocol initiates discretionary token buybacks using protocol fees after governance approval.
Brooklyn market shows strong performance with 8.14% gain, $11.8M trading volume, and $39.8K total PnL in past month.
Protocol fee buyback program proposed, including accumulated and future fees, pending community vote.
Austin real estate market shows 9.3% decline, while traders generate $369,939 in total PnL through both directional trades.
39.08% of total supply unlocking in 6 months, 84.14% unlocking in 1 year.
$PRCL airdrop worth $215 at current prices, ranked 906th by market cap.
Announced third community airdrop of PRCL token on Solana.
Launching PRCL-JitoSOL Vault with 5,500 JTO & 45,000 PRCL incentives over the next month in collaboration with Parcl & Jito.
RWA project on Solana. PRCL token listed on Coinbase. Current season ends December. No vesting for claims. Can farm with stablecoins. One account has 72M points.
Listing on Coinbase for spot trading Dec 18 at 9AM PT. Currently at 90M market cap.