defi isn't dead yet. but there are so many defi projects, even all tokens are all defi, not infrequently their projects don't develop, all please be careful with defi.
Yes, it's not dead for now, but slowly DeFi will die if no one is interested anymore and nobody likes it anymore, because the DeFi hype is a trend this year and it won't necessarily be able to develop next year.
Without investors support eventually everything will die naturally, all those hypes are already forgotten and those people who've been trapped to certain
project are now moving forward trying to find new ways to invest and earn, it's no longer an interest for now unless there's project development that
really gain the attention back to this venue of investment.