The only DeFi project that's still standing strong is ChainLink, every others are down in value, the only thing to look up to right now is bullrun season, bitcoin movement lately is very confusing, can't help but believe that altcoin season is coming, hopefully this will come true
But the hype isn't ended yet in my opinions. it's just some new shit projects always come up. when all the bad projects are gone, the defi industry will move again to the new market situations where the market will be more health and competitive