Every fee $SQ2 earns buys square feet of U.S. city home-price indices on Parcl. Each cycle adds to the last. Nothing is ever sold, so the footprint only grows.
Parcl Labs indices in dollars per square foot, printed daily. Equal weight, long only, one square foot per unit.
The engine wallet is the coin's creator on pump.fun. What it earns, it turns into square feet, and the square feet stay.
Creator rewards are claimed from the pump.fun vault to the engine wallet. SOL, on chain, with the signature as receipt.
Everything above a small gas reserve is swapped through Jupiter into USDC, the only collateral the Parcl bridge accepts.
The USDC is deposited into the Parcl bridge program on Solana and credited to a Parcl account owned by the same key. No custodian in between.
Free collateral becomes long positions on eight city indices, furthest under its target weight first, at 1x. One unit is one square foot. There is no sell path.
Parcl Labs index · daily print
Square feet, squared. A pump.fun coin whose creator rewards are converted into exposure to U.S. housing prices on Parcl, measured in square feet of city indices. Each cycle adds to the last and nothing is ever sold.
Because it compounds in square feet: every claim buys more of the same eight indices, on top of what is already held. The footprint only grows.
No. Square feet here are long positions on Parcl V4 perpetual markets, quoted in USD per square foot of a Parcl Labs city index. No deed, no building.
No. $SQ2 is a regular pump.fun coin with the standard SOL pair and no custom mechanics. Only the creator rewards are used.
A Parcl account owned by the engine wallet's key, public on the Parcl validator and linked from the portfolio, next to every transaction.
Every 10 minutes. A deposit needs at least 5 USDC and an order at least 5 USD, so small cycles accumulate until there is enough to move.
What the engine holds, the accounts behind it and every transaction on the way.
Parcl Labs index · daily
every hop, with its signature
How the position has grown and the eight markets side by side.
marks every 15 min
USD at the index
USD per square foot, as the engine saw it
funding, weight and PnL
A pump.fun coin with an engine behind it: creator rewards go into exposure to the housing market on Parcl instead of a creator wallet, with every hop on chain.
The engine wallet claims the coin's creator rewards from pump.fun. SOL, on chain, with the signature as receipt.
Everything above a gas reserve is swapped on Solana through Jupiter into USDC, the only collateral the Parcl bridge accepts.
The USDC is deposited into the Parcl bridge program on Solana (minimum $5 per deposit) and credited to the Parcl account owned by the very same key. No third party in between.
Free collateral becomes long positions on the city indices in the target book, furthest-under-weight first, with IOC market orders at 1x: notional equals collateral, nothing borrowed. One unit of a market is one square foot of its index.
Parcl Labs publishes each index once a day (7:50 AM ET). Positions are marked to that print; the only carry is the hourly funding rate. The engine never sells.
Every 10 minutes.
nothing leaks
index exposure, not deeds
Square feet here are long positions on Parcl V4 city indices. Nothing is custodied by this site: the Parcl account belongs to the engine wallet's key and every position is public on the validator.
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