The Red eyed tree frog lives in the canopy layer of the Rain forest in trees where they spend most of their time camouflaged under a leaf. They also have to stay near water to keep their skin moist. Another thing about the red eyed tree frog is that they are nocturnal, so they can see in the dark. When sleeping the frog will hide its bright colors by closing its eyes and tucking its feet beneath its body.
With the detreeing in the Rain forest the animal may not be able to live in the Rain forest because they spend most of their time in the trees, so I believe the frog will start spending more time on the ground and maybe it might start staying in the water. But if the Rain forest repopulates with trees then the frogs will repopulate.
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