There are many DeFi projects that aren't into the hype presently, probably because of lack of continues development or team are just slow or not capable, investors need to do good research on any DeFi project before spending money on the project.
Those who are not joining into the defi still running their development based on their own roadmap. there was a bunch of existing platform that was not going for the defi hype.
They are all focusing to develop their own product rather than wasting their time to create a new defi platform to follow the hype.
DYOR is a must for everyone