Predicted to enable peroxidase activity. Predicted to be involved in cell redox homeostasis. Predicted to act upstream of or within cellular oxidant detoxification and lipid catabolic process. Predicted to be active in cytosol. Is expressed in alar plate midbrain region; digestive system; immature eye; nervous system; and otic vesicle. Orthologous to human PRDX6 (peroxiredoxin 6).