# Parcl v3 Parcl v3 is a perpetuals exchange designed for real estate synthetics. It supports cross margined perps trading on various real estate markets. LPs add liquidity to a single LP pool per exchange where they take on trader PnL as well as earn trading fees. Market index prices are price feeds created by [Parcl Labs](https://www.parcllabs.com/). The Parcl dev team operates Pyth oracles to stream the Parcl Labs price feeds on-chain. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.parcl.co/parcl-v3.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.