So the concentration will natural migrate elsewhere as other projects gain attention.

The Defi is really blooming in this bullrun. But having it in ethereum also lead to another problem, the gas fee. As the gas is quite big in ETH, with the price increase in ETH, it also increase the gas price.
For now, I think several Defi project already moving into BSC platform. some might not seeing it as a good sign for decentralization,as it stick to Binance. With the cheaper fee, it might be a better choice isn't it?