DeFi hype has started to be pushed aside and is no longer as interesting and enthusiastic as it used to be but that doesn't mean defi is dead because as far as I know there are still some that are still running and if I'm not mistaken Mark Cuban once said there is a crypto-based DeFi and this is proof that DeFi isn't dead yet.
but the hype is now being replaced by NFT which is experiencing a positive trend in the last few months I think.