Predicted to enable UFM1 hydrolase activity and thiolester hydrolase activity. Predicted to be involved in proteolysis and regulation of intracellular estrogen receptor signaling pathway. Predicted to be located in endoplasmic reticulum and nucleus. Human ortholog(s) of this gene implicated in Beukes hip dysplasia. Orthologous to human UFSP2 (UFM1 specific peptidase 2). [provided by Alliance of Genome Resources, Apr 2022]