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Outcome-first case study

Ledger Live x Compound

Role

Product Designer

Company

Ledger

Platform

Multi-platform

Year

2021

Ledger Live x Compound

Case study snapshot

The short version before the full project story.

Context

I designed the integration of Compound's lending protocol into Ledger Live, enabling users to lend their crypto assets and earn interest without leaving the security of their hardware wallet.

Key decision

DeFi lending is powerful but intimidating. Most users interacting with Compound did so through web interfaces that required connecting wallets, understanding gas fees, and navigating complex approval flows. We needed to make lending feel as simple as a savings account while maintaining the security guarantees Ledger is known for.

Role

I worked as Product Designer on Ledger Live x Compound, shaping product decisions across Multi-platform.

Overview

I designed the integration of Compound's lending protocol into Ledger Live, enabling users to lend their crypto assets and earn interest without leaving the security of their hardware wallet.

Challenge

DeFi lending is powerful but intimidating. Most users interacting with Compound did so through web interfaces that required connecting wallets, understanding gas fees, and navigating complex approval flows. We needed to make lending feel as simple as a savings account while maintaining the security guarantees Ledger is known for.

Process

  • User research — Interviewed existing Ledger users to understand their mental models around earning yield
  • Flow simplification — Reduced the lending flow from 7 steps to 3 by combining approvals and abstracting gas estimation
  • Risk communication — Designed clear, jargon-free explanations of lending risks, rates, and protocol mechanics

Solution

The integration surfaces lending opportunities directly in the Ledger Live asset view. Users can supply assets to Compound with a streamlined flow that handles token approvals, gas estimation, and transaction signing through their hardware wallet — all without leaving the app.

Impact

This was one of the first DeFi integrations in a hardware wallet companion app, setting a precedent for how Ledger approached third-party protocol integrations going forward.