Case Study · 003

Fixed Income DEX

Secured Finance AG · 2023
RoleProduct Design Lead
Year2023
StatusLive
TypeContract
LIVE
Sole Contributor
FIL
Backed by Filecoin
B2B
Institutional Focus

The Challenge

Bringing institutional-grade fixed income trading on-chain is a fundamentally different design problem than spot or perpetual trading. The product needed to communicate complex bond market concepts — yield curves, duration, maturity, coupon rates — in a DeFi-native interface, all backed by Filecoin infrastructure. The target users were sophisticated: TradFi professionals exploring on-chain bonds and DeFi-native users who understood crypto but not fixed income markets.

The Approach

Designed order book interfaces for fixed income products, translating TradFi conventions into DeFi patterns. Interactive yield curves that make maturity and rate relationships intuitive. Maturity calendars showing bond lifecycles. Adapted limit order book patterns from equity markets to work with bond-specific parameters (face value, coupon, duration).

Key Decisions

Chose Bloomberg-style information density adapted for Web3 mental models. TradFi users arriving on-chain shouldn't feel lost — the interface speaks their language while being transparent about on-chain settlement mechanics. Progressive complexity was crucial: default view shows essential metrics, with drill-down to full bond specifications.

Outcome

A live protocol enabling decentralised fixed income trading. The design system successfully bridges the familiarity of institutional finance interfaces with the transparency of on-chain settlement — proving that DeFi can serve TradFi-grade use cases without sacrificing usability.

Want to build something like this?

Available for product design roles and contract work in DeFi, Web3, and fintech.

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