Predicted to enable phosphoric diester hydrolase activity. Predicted to be involved in lipid metabolic process. Predicted to act upstream of or within lipid catabolic process and signal transduction. Is active in glutamatergic synapse. Is expressed in telencephalon. Orthologous to human PLCXD3 (phosphatidylinositol specific phospholipase C X domain containing 3). [provided by Alliance of Genome Resources, Apr 2022]