defi as for me is much more healthy than ico and ieo. if it will be regulated - i think a lot of valued defi and have a nice future. i believe in credible dex projects - volumes are increasing and tech base is likely to be much better than year ago
besides i'm also try to work with dex-es who offer interesting options for liquidity providers and have simple and effective executive strategy
if u're researching, besides, did u heard smth about xsigma stablecoin dex? i checked them and it looks well-elaborated and credible