The demand in DeFi projects continues to raise that is why a lot of new DeFi projects appear.
But a lot depends on the liquidity of the DeFi. Investors and traders prefer to use DeFi with high liquidity.
For DeFi project liquidity is very important. It is necessary to create demand in DeFi protocol.
Now investors and traders have a big choice and they can choose the project that is most comfortable and convenient to them.