Automated description from the Alliance of Genome Resources
Exhibits chondroitin sulfate binding activity; heparin binding activity; and protein tyrosine phosphatase activity. Involved in several processes, including establishment of endothelial intestinal barrier; nervous system development; and regulation of postsynaptic density assembly. Localizes to the Schaffer collateral - CA1 synapse; glutamatergic synapse; and integral component of presynaptic membrane. Orthologous to human PTPRS (protein tyrosine phosphatase receptor type S).