But where can you find new projects which are not listed yet e.g. at coingecko
Looking for the newest project? AFAIK you need to search it yourself to find their ANN, in this forum you can visit
Announcements (Altcoins).
Yam finance (YAM) is one of them with scam accusations.
Now this scam token has got massive dump from $92.73 to $1.08 (
-98.85%) in a single day [1] If we see another scam token implement DeFi project got dump everyday, this DeFi hype will end ASAP.
[1]
https://bitcointalk.org/index.php?topic=5268308.msg54987096#msg54987096Yes, I totally agree with you. If in the near future there are a few projects that collapsed like YAM I believe that Defi's hype will end. According to my observation, defi is very similar to ICO, it can only exist and bring profit in the first time.