DeFiLlama founder: The actual implementation of wallet login modes on most crypto platforms faces much higher friction than expected

According to Jinse Finance, 0xngmi, the founder of DeFiLlama, stated on the X platform that although "Log in with Wallet" is frequently discussed in the crypto industry, there are many practical obstacles in the actual implementation by most crypto platforms. One of the biggest issues is that users often forget the wallet address they used to register. In addition, it is difficult to send users timely critical notifications (such as API quota usage alerts) under the wallet login model. While introducing email as a supplementary step can partially solve the problem, it undermines the original intention of wallet login and increases friction for users. Although wallet login still has value in application scenarios with high security requirements, such applications only account for a small portion of the overall market.