ERC-7811 introduces a revolutionary approach to wallet-app communication through the new wallet_getAssets RPC call, enabling wallets to share comprehensive asset information with decentralized applications. This November 2024 standard addresses critical limitations in current asset discovery methods, where onchain apps rely solely on on-chain data and cannot account for assets held across different accounts or chains.
Solving Cross-Chain Asset Visibility Challenges
Traditional onchain apps face significant restrictions when determining user balances, often blocking actions that wallets could otherwise resolve due to incomplete asset visibility. ERC-7811 enables wallets to communicate assets not easily discoverable through on-chain information alone, including cross-chain holdings, off-chain assets, and tokens held in connected accounts.
For cross-chain stablecoin applications, this capability transforms user experience by providing complete visibility into stablecoin holdings across multiple networks, eliminating the frustration of insufficient balance warnings when users actually possess adequate funds on alternative chains.
Enhanced Integration with Modern Wallet Standards
ERC-7811 integrates seamlessly with existing wallet capabilities by extending ERC-5792's wallet_getCapabilities system with an assetDiscovery capability. This allows apps to query whether a wallet supports comprehensive asset reporting before attempting to access extended balance information.
The standard supports granular filtering through optional parameters including assetTypeFilter, chainFilter, and assetFilter, ensuring optimal performance and cost efficiency. Applications can specify exactly which assets they need, reducing unnecessary data transfer and improving response times.
Future of Wallet-App Interoperability
This advancement particularly benefits modern stablecoin infrastructure where users frequently hold assets across multiple chains and accounts. By providing wallets with a standardized method to share complete asset inventories, ERC-7811 enables more intelligent user experiences where apps can suggest optimal transaction paths based on actual available liquidity.
As the multi-chain ecosystem continues expanding, ERC-7811 positions wallet providers and application developers to build seamless bridging experiences that leverage users' complete asset portfolios rather than being limited to single-chain visibility constraints.