THE current DEFI hype has many similar points like ICOs and the new trend is not over yet, unfortunately. After the Uniswap craziness, the prices were pumped and many centralised exchanges have listed UNI for trading. The new projects will not spot at this point, so I still look for hidden gem altcoins in order to invest more. When the right time arrives, I will dump on the market rate before the end of the hype.
For sure it is an expected correction after bizarre pump caused by UNI drop.
It will take up to a month (my personal prediction) for market to settle down and figure things out - I thing bigger hype is on the road, defi projects are yet to be really practical, so there is a room for improvement for sure.