Not bad, fresh DeFi projects will be too risky because scammers have already gotten their eye on the use case, most successful DeFi projects presently have been around since a year or two now, if you want to invest I suggest checking the date they've been in development or existence
There are some projects who fake their existence. A lot of projects I had encountered already that told they started a decade ago and presented it on their website yet it was a fraud. The existence of defi projects for me is just like the hype of ico. They are just good at first specially that defi is really a noisy think in the environment of crypto nowadays. But all of the trends are decaying, so I guarantee you guys that tomorrow or in few weeks, they will fade again. Defi is the fresh news today, let us take advantage what it brings to the community until it despair.