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Writer's picturemarianacantini

Designing Hypha, a DeFi Wallet

Hypha solves the problem of multiple tools in many places: wallet (Classic & ERC-4337), interoperability, P2P Swap, a launchpad for creators and brands, rewards, and an innovative ID system to unlock exclusive products and benefits.

Non Custodial | Interoperability | P2P Swap | Wrapped


Understanding Web3 and Blockchain

Web3 marks a new era of the internet, emphasizing decentralization and user ownership. Built on blockchain technology, Web3 facilitates a secure, open, and transparent system without central authorities. Rhizom leverages these principles by integrating traceability and transparency into its solutions, empowering users to engage in a decentralized economy characterized by openness and security.

In developing Hypha, we studied the technologies underpinning DeFi wallets, focusing on decentralized ledgers, consensus mechanisms, cryptographic protocols, and smart contract execution, designing an intuitive and trustworthy product.


The Potential of Decentralized Finance (DeFi)

Decentralized finance is revolutionizing traditional finance by offering automated, permissionless services such as lending, borrowing, and asset exchange. Operating on self-executing smart contracts, DeFi eliminates the need for intermediaries, granting users global access to financial services without banks or regulatory constraints. Rhizom's solutions prioritize traceability and visibility, enabling users to transact with confidence, thus democratizing finance through increased transparency and accessibility.


Hypha

Classic Wallet

Provides classic wallet functionality and more robust security steps.


Mint NFTs

A wallet that mints your assets with multiple network options.


NFT Interoperability

Hypha Interoperability is an innovative function that allows you to switch network assets.


Send & Receive

Fungible & Non-Fungible Tokens between wallets. Any fee structure is possible. Pay in stablecoins or no gas fees users.


List & Search NFTs

Organize your assets inside a portfolio format, providing full visibility and search for any assets.


Design Process and Solutions for Hypha

Research Process and User Insights

Creating Hypha required extensive technical and user research. I explored the needs of both early adopters and heavy users, identifying their motivations, pain points, and interaction patterns to design features tailored to their needs. The research also included competitor analysis, which revealed the strengths, weaknesses, and opportunities for differentiation among existing DeFi wallets. This informed our approach, allowing us to create a wallet that meets high user expectations through a blend of technical expertise and intuitive user experiences.


Collaborative Ideation and Design Process

The ideation process for Hypha was collaborative, involving stakeholders across the organization. Key participants included the CEO, business team, CTO, and developers, each contributing unique insights. Researchers provided valuable information on blockchain trends and user personas, ensuring Hypha is aligned with market demands and technical possibilities while maintaining business alignment.


Building an Efficient Design System

To deliver a consistent and scalable product, we created a robust Design System (DS) for Hypha. This DS established standardized components, UI patterns, and guidelines to enhance efficiency and visual cohesion. It facilitated faster iterations, reduced redundancies, and fostered collaboration between the design and development teams. We developed a distinct color palette for Hypha, giving the product a unique personality aligned with Rhizom's branding. This approach resulted in a visually engaging, user-friendly, and technically sound DeFi wallet, allowing users to exchange cryptocurrency, store NFTs, and explore DeFi opportunities confidently.


Results and Impact

The structured design system for Hypha streamlined the design and development process, reducing time to market and ensuring a cohesive user experience.

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