Although the project is in its early stages of development, it already has its own GitHub page.
RPCSX’s ability to run even the simplest commercial games is currently limited. The only significant achievement of the emulator is the display of the test triangle:
It is worth noting that some alternative PlayStation 4 emulators like Spine can run over 300 games from the console’s library, while the fpPS4 emulator supports 65 PS4 games.
Recall that the same development team has been working on the PlayStation 3 emulator – RPCS3 for a year. In fact, it has become the gold standard among analogues.
Source: Ferra

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