If you tried to introduce a fren to Decentralized Finance before, you probably experienced a similar scene:



Explain wallet installation, how to switch networks, how Gas is calculated, how to use the cross-chain bridge, why USDC looks different...

By the tenth minute, you will notice that the other person's eyes start to go blank.

Decentralized Finance is not lacking in tools, but all tools assume that users have a systematic on-chain knowledge system. This is the reason it has been unable to scale.

HeyElsa's approach is exactly the opposite; it completely removes the prerequisite of "whether on-chain operations are possible" and leaves only one thing at the entry point — to say something you can understand.

"Help me swap the USDC here for ETH."

"Transfer this asset to Base."

"Let's see what I can use on the BNB chain."

Elsa will automatically perform all the tedious steps in the background: chain selection, cross-chain bridge calls, authorization, slippage parameters, trade confirmation, and will provide the results in Chinese, Korean, or Japanese. It's not just a translation interface, but the entire workflow is localized.

If the past DeFi required users to understand the system, then Elsa's logic is: let the system understand the users.

Why would such an entrance first explode in East Asia?

In East Asia, chat interfaces are originally "operational interfaces." People are accustomed to using Kakao, LINE to handle payments, customer service, ride-hailing, food ordering... the flow of information and the flow of operations are naturally integrated.

When on-chain operations first appear in the same way, they are not fresh but rather seem reasonable. Secondly, East Asian users have a very short patience. Jumping through a couple more pages, switching networks incorrectly once, or failing to sign once is enough to make most users give up trying further.

Elsa folds away all these "intermediate processes", turning the experience into a prompt and a response, without the need to learn and with no room for mistakes.

The third reason is more realistic and more underestimated: most East Asian traders simply do not like to conduct financial operations in English. For the past decade, crypto products have almost defaulted to English, and this asymmetry has forced many users to half-understand and half-blindly follow.

Elsa presents all the on-chain details in the native language, allowing users to truly "understand" what they are doing for the first time. These cultural habits, language preferences, and usage scenarios come together to make chat-based Decentralized Finance not only feasible in East Asia but also naturally adaptable.

Where does the potential come from?

Whether an entry point has explosive potential depends on two factors: whether it can significantly lower the threshold and whether it can capture high-frequency demand.

The advantage of Elsa is that it lowers the threshold for on-chain activities, specifically capturing the most frequent and essential scenarios for East Asian users: chain switching, cross-chain operations, asset transfers, and fast trading.

When users complete cross-chain transactions for the first time with a single sentence, transforming from "ten steps" to "one description," the sense of disparity itself creates a strong experiential stickiness, naturally promoting diffusion.

This is not "functional innovation", but "entry reconstruction". Once the entry is redefined, user layer migration will occur, and the ecological structure will change accordingly.

What HeyElsa does seems simple: it transforms the DeFi interface into a chat box and turns operations into language. But it changes the long-term implicit burden that has been placed on users — understanding the chain, understanding the process, understanding the tools.

It does not help users "improve efficiency", but rather allows users to no longer need to "learn how to use Decentralized Finance". In the East Asian market, where the chat interface is the entry point to life and language is the operating habit, such changes are not minor adjustments, but a product form that follows the trend.

What Elsa wants to open is not a "more user-friendly DEX", but a new on-chain entry layer.
USDC-0.01%
ETH-3.93%
BNB0.3%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)