maybe DEX will become a hype in the coming year,
especially since Uniswap has already started how DEX can be successful when DEFI experiences Fomo now,
I guarantee DEX will be the next Hype.
Actually, dex has tried to keep up with the defi hypestream during 2020. In my opinion, DEX is not a good business to get more profits quickly like defi. Also, too much of that dex will threaten the survival of the exchanges themselves as they depend on the liquidity pool. And exchanges must compete with each other to offer attractive rewards for liquidity providers.
You need to read the latest news about Uniswap here
https://cointelegraph.com/news/uniswap-s-liquidity-plunges-40-in-a-day-as-incentives-dry-up