Tokenized Asset Management2025

Take Profit Without Crashing the Chart

Hero image for Take Profit Without Crashing the Chart

Role

Sole Design Engineer

Timeline

2025

Team

Protocol Lead
Smart Contract Engineer
Frontend Engineer

Skills

DeFi

Asset Management

NFT Instruments

Figma

Overview

When a whale sells, the chart craters. CHLZ lets them sell off-book.

ACM is a DeFi product for Atlantus that turns raw token exposure into time-locked ETF positions, CHLZ, that trade OTC. A holding becomes a basket that matures on a schedule, mints as an NFT, and changes hands off-book, so sell pressure leaves without liquidity leaving with it.

Embedded with the protocol team as sole designer, I owned the whole surface: how these instruments get created, discovered, managed, screened, and traded.

The hard part was never the chart. It was making an asset class with no mental model feel safe.
IMAGE · placeholderthe ACM Market front door, ticker over TVL.morpho-og.png
IMAGE · placeholdera CHLZ position as an NFT, basket and countdown.analytics-hero.svg
IMAGE · placeholderthe information-density system, CoinMarketCap-level data made legible.density-system.png

The problem

Sell and crater the chart, or hold forever. CHLZ is the third option.

A founder holding 10M tokens wants to take profit. They sell on the open market, the chart craters, the community panics, and the project loses more than the founder gained. The alternative is holding forever, locking up capital they need to build.

CHLZ is the third option: bundle tokens into a time-locked basket, mint it as an NFT, sell that NFT OTC. The chart never moves.

The design problem was sharper than the mechanism: help someone trust a system that acts autonomously with their funds for months, when it behaves like neither staking, futures, nor an NFT. Every borrowed metaphor became a trap.

IMAGE · placeholderthe open-market sell that craters a chart.fintech-hero.svg

What I saw

Three separate apps, one broken workflow.

The Atlantus stack was three separate interfaces: a wallet, an ETF builder, and a marketplace. Creating an ETF and listing it meant three logins, two context switches, and a copy-pasted contract address. Technically possible, practically broken.

The audience spread made it harder: the same flow had to serve a retail investor new to DeFi and an institutional market maker running eight-figure positions, without condescending to either.

Consolidation was the only way mint, list, then trade could work as one continuous act.

IMAGE · placeholderthe three legacy interfaces, pre-consolidation.design-system-hero.svg

What I built

One dApp with the whole CHLZ lifecycle inside it.

I collapsed the stack into a single dApp carrying the full lifecycle, build, mint, manage, simulate, trade, on one identity, with no address copy-pasting. Five surfaces did the work.

The five surfaces

ETF Builder

Where a CHLZ is created: select one to ten tokens, configure the DCA rate, choose the cycle, mint as an NFT.

Market dashboard

The front door, CoinMarketCap-level density for people who have never read a candlestick.

Portfolio manager

Treats a minted ETF as something that matures, earns, and can be traded or force-quit, showing penalties before any destructive action.

Reef marketplace

Where CHLZ trade OTC with zero price impact, every listing answering “what am I getting?” at a glance: composition, time left, value versus mint.

SXRN simulator

Projects payouts across bull, base, and bear and shows the early-exit penalty upfront, because honesty there earns the click on Mint.

MP4 · placeholderthe ETF builder, tokens with a DCA rate, minting an NFT.etf-builder.mp4
IMAGE · placeholderthe market dashboard, rows expanding to detail.market-dashboard.png
IMAGE · placeholderthe CHLZ lifecycle, build → mint → manage → simulate → trade.chlz-lifecycle.png
IMAGE · placeholderearly ETF-builder wireframes, one to ten tokens with a DCA rate.builder-wireframes.png

Testing

Real users, including first-time DeFi, showed me the metaphors were lying.

I tested the build with 22 people, from first-time DeFi users to market makers. Two findings reshaped the product.

Borrowed metaphors misled

Early versions leaned on staking patterns, and users kept asking “when do I get my tokens back?” The interface had told them it was staking, so they trusted the wrong mental model.

No forecast, no commit

Without a way to see the outcome across scenarios, the configuration step bled a 34% abandonment. People wouldn’t commit capital to a shape they couldn’t picture. That is what made the simulator non-optional.

IMAGE · placeholderearly staking-framed builds beside the metaphor-free redesign.testing.png

The trust challenge

Trust came from two moves: forecast first, route instead of reject.

The simulator wasn’t optional

Both findings pointed at one fix: make the outcome visible before money moves. The SXRN forecast sits inside the mint flow, not behind it, projecting payouts across bull, base, and bear with the early-exit penalty upfront. Honesty there is what earns the commit.

Screening routes, it doesn’t reject

Before this, teams applied blind and got rejected with no explanation. The screening tool flips that: they self-assess against visible criteria. Score four or more and the project routes to mETF, the two-year cycle; below four, to iETF, the four-year cycle. No project is rejected, only routed.

No project is rejected, only routed. That one reframe turned a gate into a path.
IMAGE · placeholderthe screening matrix, scoring to mETF or iETF.screening-matrix.png
IMAGE · placeholderthe SXRN simulator, payout across scenarios with the penalty upfront.sxrn-simulator.png

Outcomes

Three products into one, and an asset class people could trust.

Three products collapsed into one dApp. Across 22 usability participants, including first-time DeFi users, the ETF creation flow hit a 91% completion rate, and the average time from account to a first minted ETF was six minutes. OTC CHLZ trades produced zero chart impact on the underlying, the entire point.

3→1wallet, ETF, marketplace unified into one dApp
91%task completion across 22 participants
6 minfrom account to first minted ETF
0chart impact from OTC CHLZ trades
IMAGE · placeholderthe outcomes board, consolidation and completion.outcomes.png

Reflection

What I learned.

When you design for an asset class with no mental model yet, every familiar pattern is a trap.

Design for no mental model.

When an asset class is genuinely new, every familiar pattern is a trap. The job is to build the mental model, not borrow one that lies.

Build the forecast first.

The simulator did the heavy lifting on trust. If I did this again, I’d build it before anything else, then design the instrument around what it revealed.

Turn gates into paths.

Routing instead of rejecting changed onboarding from adversarial to generative. Every project found a cycle instead of a dead end.