The hype is dead already but defi coins are just starting to grow. Maybe, the market is on its way to adjust on current system of defi. There are many scam defi also exist and I think it will disrupt again the trend of defi. As of now, bitcoin dominance covers up the defo hype. But for me, defi is not yet over. It will probably sell to market players again once there is a good and potential project that will launch.