GM derps! 😊 ! April has been an exceptional month for our Derpfam, with several exciting news:
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ABO Strategic Investment
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Hong Kong Web 3 Festival
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CoinWeb Partnership
ABO Strategic Investment😙
DerpDEX and ABO Digital have entered into a significant agreement, valued at $5 million, to forge a strategic investment and liquidity partnership. This milestone marks an exciting opportunity for both parties to explore synergies within the meme-token sector during this bullish market phase.
Within the framework of this strategic investment, ABO Digital will provide investment capital, liquidity support, and opportunities for meme-token incubation. This collaboration aims to bolster DerpDEX's presence across various Layer 2 blockchains including ZkSync, Base, opBNB, and others yet to emerge. The goal is to facilitate DerpDEX's growth and expansion, along with its native token $DERP.
ABO Digital, as an investment firm, specializes in offering alternative financing solutions to cryptocurrency projects globally. As part of the Alpha Blue Ocean group, which has committed over $2 billion in financing to publicly listed companies worldwide since its establishment in 2017, ABO Digital brings institutional-grade expertise and flexible financing options to blockchain developers across the globe.
The investment news was also featured by the major crypto medias across the world!
Hong Kong Web 3 Festival😙
Our team headed to the Web 3 Festival in Hong Kong early this month. Amongst the hustle and bustle of this dynamic event, we seized the opportunity to connect with industry giants, visionary VCs, and like-minded projects, exploring new opportunities for DerpDEX. We're also talking with some projects about working together to make DerpDEX even better. Stay tuned for more updates!
Coinweb Partnership😙
DerpDEX is excited to announce its integration with Coinweb, a cutting-edge layer 2 interoperability platform. This collaboration expands DeFi capabilities and market accessibility. Coinweb Labs has granted resources to accelerate development, fostering a fruitful partnership.
DerpDEX offers robust DeFi services, including advanced market-making algorithms and an IDO launchpad. The integration with Coinweb's Wallet Library allows seamless listing of meme coins, while PACT technology enables secure cross-chain swaps, broadening DerpDEX's reach.
With a TVL of $5 million and 170,000 members, DerpDEX remains a premier DEX. Coinweb Protocol enhances scalability and interoperability, empowering developers to optimize performance. Coinweb Labs' $10 million Grant Programme incentivizes projects building on the Coinweb Protocol.More details:
😙 About DerpDEX
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!