it's always risky to invest in news tokens/coins, as for now i mostly prefer to invest in credible defi tokens but check everything from team to business model carefully
same as me, i prefer to track only transparent defi-s, and moreover - try to look on credible dex-es
also believe this) i'm researching a lot of interesting dex projects - recently researched a new stablecoin dex with nice returns - xsigma, looks credible