Sure, why the fuck not.
Are blue, immortal, obligate carnivorous, hermaphrodites, that originally came from the moon, live in hyper-magi-tech-advanced utopian jetson-esque floating citadels, and spend the vast majority of their time living as asexual do nothings.
Elves possess a four-tier caste system based on their proximity to the moon: ground elves, sky elves, orbital elves, & moon elves. Elves become progressively taller, longer-eared, lithe, and more ayyylmao as they ascend the caste.
Their society has reached a state of stagnation due to post-scarcity success and the only joys they get out of the world is hedonism in the form of: eating lots of sweets, learning how other sapient races do the sex, & tourism. Elves lust for cookies (actual cookies) has fueled countless communities and is entirely responsible for the trope that all gnomes live in trees and bake cookies for elves.
Elves are also mildly to wildly psychic and grow a cute little bright blue/teal "pearl" on their foreheads. The older an Elf becomes the larger and more developed their pearl becomes- potentially taking up their entire forehead and becoming more like a crystal ball than a pearl.
The pearl allows them to do telepathy, telekinesis, and they can shoot cute little fairie fire pew, pew, laser beams out of it. Elven pearls can also make amazing jewelery and magical-focuses, but to harvest one will kill the elf- naturally, elven pearls are a gruesome gem only very rarely seen or accessorized with.