Predicted to enable actin binding activity and phosphoprotein phosphatase activity. Predicted to be involved in several processes, including excitatory chemical synaptic transmission; modulation of chemical synaptic transmission; and positive regulation of AMPA glutamate receptor clustering. Predicted to act upstream of or within cellular response to ATP and regulation of cellular protein metabolic process. Predicted to be located in several cellular components, including cell leading edge; cytosol; and growth cone. Predicted to be active in cytoplasm. Is expressed in several structures, including central nervous system; eye epithelium; genitourinary system; hemolymphoid system gland; and liver. Orthologous to human SSH1 (slingshot protein phosphatase 1). [provided by Alliance of Genome Resources, Apr 2022]