ποΈ RWA Spotlight: Deep Dive into Parcl
The real estate market β one of the worldβs largest and most illiquid sectors, but Parcl is changing it
π‘ What Is Parcl?
Parcl is a real estate RWA protocol built on Solana, allowing users to invest in price movements of global property markets, without owning a single apartment or building
Each Parcl market mirrors a real-world city index, like New York, Paris or Tokyo
π¬ Important details
β Over $150M in trading volume across major city markets
β Backed by top investors: Dragonfly, Coinbase Ventures and Solana Ventures
β Expanding rapidly with Parcl v2, which introduces improved market depth and real yield distribution to token holders
βοΈ How It Works
β Parcl uses data oracles to track average square-meter prices in real time
It connects to trusted real estate data sources
These oracles collect the average market price per square meter in major cities and push it on-chain several times per day
Each city becomes its own Parcl Market, where prices move dynamically as new data arrives
β Traders can open long or short positions on city markets
β LPs earn yields from trading fees and market activity
β PARCL token enables governance, staking, and ecosystem rewards