DYDX vs Uniswap: The Battle For Fees & Token Value Accrual

The end of 2023 was defined by two polarising DeFi platforms, dYdX and Uniswap, taking vastly different approaches in how they distribute fees or value for their native tokens. I cover why these two DeFi goliaths are an important case study to watch how DeFi tokens try to generate value accrual.