webm or any other non-gimped video codec would be a much better format for that use case. Unfortunately browsers don't allow those in image contexts so we are stuck with an inferior "state of the art" literally-webm-with-deliberately-worse-compression webp standard.

AVIF is only starting to become widespread so can't be used without fallback if you care about your users. Not sure how it compares to AV1 quality/compression wise but hopefully its not as gimped as webp and there will encoders that aren't as crap as libwebp that almost everyone uses.