A name coined for the dinosaur that appears at the end of the stage 'Dino Dino Jungle' in Gamecube's "Mario Kart: Double Dash!" The Derpasaurus sticks his face across the bridge as you are karting across.
the words gump and tyrannosaurus rex put together. to be gumpy means to look stupid or really goofy or lame. a tyrannosaurus rex is the gumpiest dinosaur ever. so when you call someone a gumpasaurus rex you are saying that they are far beyond being gumpy.
mike: look at josh over there, hes such a weirdo.
sam: wow he looks really goofy, call him over here.
mike: hey you, gumpasaurus rex, come over here!