# DerpDEX's Derpruary Overview

By [DerpDEX](https://paragraph.com/@derpdex) · 2024-02-28

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\*\*GM derps! \*\*😊 \*\*! DERPRUARY has been an exceptional month for our Derpfam, with several exciting developments:

1.  Launch of the DerpDEX Cross-Chain Bridge
    
2.  Renouncement of $DERP token ownership
    
3.  $DERP and xDERP holders updates
    
4.  **DERPING TO THE MOON**
    

**Launch of the DerpDEX Cross-Chain Bridge** 🤔
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![Launch of The DerpDEX Cross-Chain Bridge](https://storage.googleapis.com/papyrus_images/2001b7632cadbd543b23163f3620a06e0bbcd73e5b61e52475c9bf1c76fcb6ed.png)

Launch of The DerpDEX Cross-Chain Bridge

### 🤔**_What is the DerpDEX Cross-Chain Bridge?_**

The DerpDEX Cross-Chain Bridge facilitates seamless transfers of $DERP tokens between various Layer 1 (L1) and Layer 2 (L2) networks. This feature enables effortless trading of $DERP tokens across different blockchain ecosystems. **_Tutorial:_** [**_DerpDEX Cross-Chain Bridge Guide_**](https://derpdex.gitbook.io/home/getting-started/bridge/derp-token-bridge)

### 🤔 **_Why Use the DerpDEX Cross-Chain Bridge?_**

*   **Increased Accessibility**  
    Many centralized exchanges (CEXs) do not support L2 $DERP token trading. The bridge addresses this gap, making $DERP more accessible.
    
*   **Platform Promotion**  
    It encourages users to adopt DerpDEX as their preferred trading platform for $DERP tokens.
    
*   **Flexibility in Trading**  
    Users can effortlessly trade $DERP tokens between L1 and L2 networks, enhancing liquidity and trading options.
    

Ownership Renouncement
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![Ownership Renouncement](https://storage.googleapis.com/papyrus_images/a681f591dfe9829ee1205b1627f88f38bb890d6453c26fff24b55990417ad6da.png)

Ownership Renouncement

### **_🤨 Details for ownership Renouncement_**

✅Max Supply: 100 Trillion $DERP  
✅CoinGecko: [click here](https://www.coingecko.com/en/coins/derp)  
✅Token Detail/Owner Renounce:

[

DERP | DerpDex.com
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DERP token is a meme token with utility and deflationary token model. Creating use-case for $DERP token.

https://derpdex.gitbook.io

![](https://storage.googleapis.com/papyrus_images/2dd03780351ff21948c8ae7d6f1e1ddfcd245eda017c20f87ec7b40ce7427718.png)

](https://derpdex.gitbook.io/home/tokenomics/derptoken)

### **_🤨 What is $DERP Ownership renouncement?_**

$DERP Ownership Renouncement is all about the devs of the $DERP token sayin' "bye-bye" to their control over the token's smart contract for good. They do this by sending the ownership to a ghost address, making the contract a free spirit with no boss. Once they've renounced the ownership, nobody, not even the OG devs, can mess with the contract's rules or what it can do.

### **_🤨 Benefits of $DERP Ownership renouncement?_**

*   **Community-driven**  
    Ownership of $DERP tokens now rests in the hands of the Derp community.
    
*   **Meme-narrative**  
    No. 1 owns the ownership keys
    
*   **Fair for all**  
    No more new mintings
    
*   **Enhanced Security**  
    Hackers can't exploit $DERP token anymore
    

Currently, **$DERP has 17,096 holders**, while **xDERP has 6,634 holders**
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![(Updated as of February 28, 2024, at 12:00 PM UTC+8)](https://storage.googleapis.com/papyrus_images/4e42231d56943307b3a3fd994f9f3959bdfaa309de372e16be356a7606026bbc.png)

(Updated as of February 28, 2024, at 12:00 PM UTC+8)

![(Updated as of February 28, 2024, at 12:00 PM UTC+8)](https://storage.googleapis.com/papyrus_images/0442bb96732dc3854aeff895e8966af5eb315e3c597ae1ddda7ddfdcf32a1035.png)

(Updated as of February 28, 2024, at 12:00 PM UTC+8)

$DERP To The Moon?
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![#derpwifhat](https://storage.googleapis.com/papyrus_images/0d431e947f3edd2e3f1b960ff5d161e16620d2216d71d8dac692367546b9c962.jpg)

#derpwifhat

#derpwifhat OR ??? Just Joking…………_(Stay tuned for more updates, Bye #Derpruary)_

**😙 About DerpDEX**
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DerpDEX combines the best of web3: the perfect blend of “MEME + DeFi+ Launchpad + Ecosystem'' powering the meme movement on zkSync, Base, opBNB and more upcoming L2 network. By restoring the old glory of derps as internet sensations designed to entertain degens worldwide, we are making derps great again.

Trade, earn, stake, and launch crypto with the most  ̶a̶u̶t̶i̶s̶t̶i̶c̶ best DEX on the internet. Make derp great again!

[

DerpDEX | Link3
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Trade 🧐, earn 🤑, stake 🤩 , and launch 🤯 crypto with the best DEX on the internet. Mainnet now LIVE on zkSync, Base and opBNB Chain!

https://link3.to

![](https://storage.googleapis.com/papyrus_images/dd5995352e1b861f5e5d59d4f10d6e8d18c33af0a0e3ed27c1bede8a4a4e9015.jpg)

](https://link3.to/derpdex_com)

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*Originally published on [DerpDEX](https://paragraph.com/@derpdex/derpdex-s-derpruary-overview)*