What am I missing with Matrix?

I will be upfront with this, and say that I've never been a huge fan. But I did reinstall a Matrix server, and some clients to see if it'd gotten better in the year or so since I've last used it.

This just... Kind of feels like a more centralized XMPP with group chat folders that sort of function? The spaces feature is neat, but I've tried 4-5 clients, and every single one of those throws all of them into the same screen as the DMs by default, and I can't find a way to change that.

Am I missing something here? Like. I want to at least see what people like here, I just can't.