During the 2021 bull market, many of the most spectacular small cap runs happened on smart contract based markets. Centralized exchanges listed them _after_ their success on decentralized markets.
These markets have the advantage of incentivized participation from new generation of small cap traders (who are very different in nature from 2017, but also larger in number).
Monero is already integrated to secretswap, which has inferior privacy compared to atomic swaps, but it opens to an entirely new user base and liquidity structure. The integration with thorswap afaik is still ongoing, but that opens the possibility to trade Monero directly against native tokens of other chains (btc, eth, doge, ltc, bnb, luna, and some others).
Privacy is worse in both cases, compared to atomic swaps, but at this point lack of liquidity is a more pressing issue.
There is going to be a privacy themed bull run, and it will likely happen on a newer generation, more decentralized cross-chain platform. Aeon is so cheap right now, that even the promise of future integration there could spark some interest and activism - as it did for other projects.