The hype is crazy.. Many defi projects are scams and the real ones are being hyped for profit. And the old ones going into defi, hopefully they become better in future or fade off. But one thing is sure, defi is safe, but the bad eggs are making it all look like scam and it's really making investors scared to invest. Defi is the new trend. Even binance and top cryptocurrency whales support defi.
Only few of them will rise and successfully implement their platform. I hope people are now wiser than ever and not be easily deceived by this hype. Right now, better trust the established Defi projects. But with regards to new one, you should really do your research and assessment and not fall for hype.