Agreed, and that's why I'm holding it. I have some very good no-KYC options for BTC. Not so much for XMR.

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Atomic swap it back & forth

You can even do it with LN now

Well hell, I'll look at that. Guess I'm spending some XMR.

If you plan it right 95% of the time the fees get paid by the small market price swings.

And there’s plenty of no kyc swaps.

No-KYC, no javascript, privacy-centric, swap aggregator:

https://trocador.app/en/

Atomic swaps BTC/XMR:

https://unstoppableswap.net/

Massive Monero directory:

https://monerica.com/