No idea, sorry, I have never used a "modern" display. Yet terminus and the standard bitmap X fonts go to quite large sizes. They are certainly readable even when using ridiculously tiny pixels.
I prefer rendering with strict grid-fitting, with crisp stems but antialiased arcs. Unfortunately, in current Linux, it does not work even with full hinting enabled by standard fontconfig settings, one have to set magic variable FREETYPE_PROPERTIES=truetype:interpreter-version=35 .