I beg to disagree, Defi project is not yet over but it's getting lie low a bit since lots of Defi scammed projects are coming in and run away after raising funds from the investors. So Legit Defi projects got affected by those Defi scammed projects. But Defi projects will still be there just like ICO, IEO, and others.
just making a surprise at first and not being able to sustain plus a lot of fraudulent projects make investors not interested in defi project, but i agree not all bad and not over for defi but it takes hard work to get back