I think you're right Mate, Defi hype was slowly faded away because most of the Defi token price is decreasing on day to day basis, and even the Yearn Finance token (YFI) price is also decreasing from its $43K all-time high during September 2020 now it was down to $10K per YFI token, but again it was still expensive it's better to wait in the following days and let us see what will happen to the proud Defi.
I agree with you. The defi becomes slowly because people already knew that it was a hype. The moving down of farming tokens in binance makes new investors lose their funds. Defi is now becoming obsolete and we will wait for another hype to come in market. I just happy because I won a certain amount against this hype and make my capital doubled for the last few months.