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Parcl V4

Parcl V4 is a perpetual futures exchange running on Parcl Chain, our custom L1, with ~200ms block times. It supports real estate index perps on NYC, USA, Austin, Atlanta, Boston, Miami Beach, and Brooklyn rental.

How it works

Every transaction goes through BFT consensus. All nodes execute the same transactions in the same order and arrive at the same state.

Prices come from Parcl's real estate index oracle, updated once daily at 9:05 AM ET. Between updates, the mark price is derived from a depth-weighted impact midpoint of the order book. Funding settles hourly based on the gap between the impact mid and oracle price. Liquidations are evaluated against the oracle price, not the mark.

What you can do

  • Trade perps on real estate indices (sales: NYC, USA, Austin, Atlanta, Boston, Miami Beach; rental: Brooklyn)
  • Place market and limit orders (GTC, IOC, FOK)
  • Set take-profit and stop-loss orders
  • Build bots using the REST API and WebSocket feed
  • Compete on the leaderboard

Base URLs

Validator:   https://v4-api.dev.parcllabs.com         # markets, orderbooks, accounts, oracle, staking
REST API:    https://v4-rest-api.dev.parcllabs.com    # auth, /tx/sign-and-submit, history, leaderboard
WebSocket:   wss://v4-api.dev.parcllabs.com/v1/ws

The path tells you which host. See REST API for the full map.