Parquet

What is the current price of PARQ?

The current price of Parquet (PARQ) is $0.001198.

What is the market cap of PARQ?

The market cap of Parquet is $1.2M.

What is the 24-hour trading volume for PARQ?

The 24-hour trading volume for PARQ is $175.8K.

What is the core purpose of Parquet?

Parquet is designed to provide a decentralized exchange where users can trade perpetual contracts that mimic the price movements of US equities and ETFs. The platform enables both long and short synthetic positions, allowing traders to gain exposure without owning the underlying assets, and it operates continuously on the Solana blockchain.

How does the $PARQ token fit into the ecosystem?

While detailed tokenomics have not been published, $PARQ is expected to serve as the native utility token for collateral, fee payment, and governance voting. Early‑stage projects often use the token to incentivize liquidity providers and to grant holders decision‑making power over protocol upgrades, especially on a brand‑new chain with no existing market cap.

How does Parquet differentiate itself from other synthetic asset platforms?

Parquet leverages Solana’s high throughput and sub‑cent transaction costs to offer near‑instant execution and ultra‑low fees, which contrasts with many existing synthetic platforms built on higher‑latency chains. Additionally, its focus on US stock and ETF exposure, combined with leverage levels up to 200×, targets a niche of traders seeking high‑risk, high‑reward equity exposure in a decentralized setting.