defi project is not over yet but the hype has started to wane and now we know which projects really survive and those that only pump because of the hype/fomo
Truly the hype around DEFI has diminished drastically, compared to when it just started. I remember already existing projects even in sport betting category switching to DEFI, because just the mention of the DEFI tag causes FOMO and price surge. However, this is not obtainable right now, we all are used to the word DEFI and it's no longer a big deal since many projects spring up in that category. This does not mean DEFI projects ain't striving anymore, Since there are some very good DEFI projects presently.