Predicted to enable diacylglycerol diphosphate phosphatase activity; identical protein binding activity; and phosphatidate phosphatase activity. Acts upstream of or within blastocyst hatching. Predicted to be located in membrane. Predicted to be integral component of membrane. Is expressed in early conceptus and secondary oocyte. Orthologous to human PLPP4 (phospholipid phosphatase 4). [provided by Alliance of Genome Resources, Apr 2022]