To date, DeFi has still not lost its relevance and interest from investors, but one must take into account the fact that scammers have begun to use the current situation and the risk, as well as the danger, is increasing several times.
DeFi hasn't reached it's top yet. There are still projects popping up nearly every day (from various food coins to other clones). Most of these projects have absolutely no value and won't be around long term. It really reminds me of the ICO hype in 2017, but this time it's even worse. Hopefully some serious projects will come up pretty soon.
If you guys want to check if a new DeFi project might be another scam, I advise you to check the
Scam Accusations board here in the forum. DeFi scams get exposed there almost every day and our community is doing a great job fighting these scammers.