Yes. However, there are some upsides: having an auth token which from the perspective of the browser is limited to auth, makes it more explicit when the browser is passing an auth token to the site: if the browser shows a "Log out" button, then you're providing that auth token--if you didn't log in to a website and suddenly you have the option to log out, that's very obviously weird. Of the perhaps 10 sites I visit on a regular basis, I only even have logins for 3 (email, Reddit, HN) so other sites would be slightly hampered in tracking me.