The Defi hype are still on but it still cannot defeat the era of Icos back in 2017.. Where all buying tokens even a shit one. Defi has being so hyped lately and i can see the clone are popup so fast right now as they want to make an easy money from the Defi hype which is has no values at all. No project to be offer just a copy paste from other project.
Defi has only become popular in the last few months, so in the near future I also believe there will be many bullshit Defi projects coming up in this market and trying to steal money from investors. In 2017, investors had no experience in analyzing projects, which is why there were many scammer and many people lost money with it