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DeFiLlama Founder: Most Crypto Platform Wallet Login Models Face Significantly Higher Implementation Friction Than Expected

2026-01-21 11:02

Odaily News DeFiLlama founder 0xngmi posted on platform X, stating that although "Log in with Wallet" is frequently discussed within the crypto industry, most crypto platforms encounter numerous practical obstacles during actual implementation. One of the biggest issues is that users often forget the wallet address they used for registration. Additionally, under the wallet login model, it is difficult to send critical notifications (such as API quota usage alerts) to users in a timely manner. While introducing email as a supplementary step can partially solve the problem, it weakens the original intent of wallet login and increases usage friction. Although wallet login still holds value in application scenarios requiring high security, such applications constitute only a small portion of the overall market.