Cove

Simplifying DeFi for Institutional Users

Dec 30, 2024
1 minutes read
Cove Platform
Live Site
Year
2024
My Role
Lead Product Designer

Overview

Cove is institutional DeFi for high net worth individuals, treasuries, and pro traders. I led product design with Storm Labs, founded by Sunil Srivatsa, with Tarun Chitra (Gauntlet) as an investor. The work: turn fragmented onchain finance into one interface with banking app clarity.

Results

  • Strong feedback from power users and institutional testers
  • $1.5M TVL during pre-launch
  • Two capital raises (~$3.5M latest)
  • Community growth on Twitter and Discord

Context & Problem

Institutional users understood DeFi. They did not have speed, visibility, or control across protocols. Liquidity was fragmented. Costs stacked up moving between venues. Execution carried MEV and reordering risk. Running positions across protocols added operational overhead.

The goal was to hide protocol mechanics without diluting institutional grade functionality: a safe place to allocate liquidity, quickly.

Market challenges for institutional DeFi users
Market challenges: liquidity, costs, risks, complexity

Design Process

Discovery with product and engineering, low fidelity flow mapping, prototype testing with early users, Figma handoff into a component library, beta monitoring with live data, then feature launch and iteration.

Cove design process
Discovery through launch
Cove low fidelity wireframe
Low fidelity flow mapping
Cove wireframe iteration
Cove wireframe states

Early work centered on three surfaces: Insights for portfolio visualization, a strategies table for data heavy traders, and deposit, the flow where trust is won or lost.

Cove strategy cards
Strategy cards
Cove strategies table
Strategies table for power users
Cove progressive disclosure
Progressive disclosure on strategy detail

Product Interface

Four principles shaped the UX: plain language over protocol jargon, minimal steps on the deposit happy path, three step flows with clear progress, and one consolidated portfolio view.

Cove deposit happy path
Happy path deposit flow
Cove deposit confirmation
Review basket and confirmation
Cove vault creation and happy path flows
Vault creation and deposit flows

Numbers lead. Token labels stay short. Tooltips appear at decision points. Rows expand when users need detail without leaving the page.

Cove inline tooltips
Tooltips and inline explanations
Cove expanded strategy row
Expanded row for strategy detail

Design System

Patterns were documented in Figma and handed to engineering: strategy cards, data tables, deposit steps, and status states. New flows reused existing UI rather than shipping one off screens.

Cove live product screen
Shipped product, UAT

Brand

Brand and product share one surface. Illustration and voice run through the app, not only marketing. I owned flows and visual language end to end.

Cove marketing hero
Marketing hero
Cove deep liquidity brand visual
Brand world, deep liquidity
Cove brand illustration
Illustration system in product

Reflection

Cove reinforced something I carry to other work: translate abstract protocol logic into flows that earn trust in seconds. Technical users still need to see what matters.

Credits

Status: Live
Client: Storm Labs
Agency: Wonderstruck
Cove Case Study | Orlando Jimenez