Exactly it's "hype". Well, I'd say we are on the brink of being crowded on the defi space and sooner or later we'll see scams involving defi. Scammers are looking now into this industry just like what happen way back 2017 with the crowded ICO on place. Just my opinion but my hunch tells me it will be the same as to this defi.
There are already a lot of scammers and I think that some projects that have already entered the market are also scammers. They hide very well and it is difficult to understand that they want to steal your money, but if we will be careful, we will not lose money.