Andrey Bogatyrev
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BlumBlum

Built a spot trading experience scaled to 50.8M MAU at peak, from crypto newcomers to experienced traders

I led the design of a crypto exchange, building core user flows for spot trading on TON and Solana. Built a scalable design system, defined interaction principles, and translated complex trading experiences for users across all skill levels, from beginners to experienced traders, into clear, logical and intuitive user scenarios.

ProductWeb3 / Exchange / DEX / DeFi
RoleLead Product Designer
YearsSep. 2024 – Feb. 2026
SpotlightToken pagePerps

Context

Blum started as a tap-to-earn product inside Telegram with tens of millions of users. The next strategic step was launching Spot Trading — full token trading on TON and Solana inside the app.

Business Goal

Convert the existing tap-to-earn audience into active traders on TON and Solana. Establish a sustainable source of trading volume and fee revenue, and keep users trading within the Blum ecosystem.

Discovery

I analysed two categories of products to understand the landscape: CEX platforms — Binance, OKX, Bybit. I looked at how they structure token pages, what information they prioritise, and how order placement is integrated with chart data.

On-chain trading tools — Axiom, GMGN, BullX. I studied how they handle token discovery, what metrics they surface, and how they optimise for fast order execution.
Binance

Binance

Bybit

Bybit

Axiom

Axiom

GMGN

GMGN

The key observation: every existing tool was built for a user who already understands trading mechanics. None were designed for someone making their first token purchase inside an app. That gap was the opportunity.

First version: Fast Launch

The first version of Spot Trading shipped fast. Speed was the priority — the team needed to validate that users would trade inside Blum at all. That version worked: users bought and sold tokens.
V1 DiscoverV1 Token pageV1 BuyV1 Done

The first version had one structural limitation: the trading flow was built as a single interface with no distinction between user types. A regular user who just wanted to buy a token quickly without diving into details, and an experienced trader who needed chart data, key metrics, and fast execution — both landed on the same screen.

Key insight — each type of user needs an interface built around how they actually trade.

Problem Definition

To define what each type of user actually needed, I focused on the job each came to do.
Regular user

I found a token I want to buy. I want to do it quickly, without needing to understand what half the numbers on the screen mean.

Experienced trader

I want to trade actively. I need the chart, key metrics, and the order form visible at the same time so I can make fast decisions — including scalping.

These jobs are not compatible in a single layout. The design had to be structural, not cosmetic.

New Discover

Before a user can trade, they need to find something worth trading. The original Discover was a token list — functional, but passive. It didn't help users answer the core question: "What should I buy?"

The updated Discover introduced three ways to find a token, each targeting a different user intent. Each entry point leads directly into the trading flow. Discover became the first step of the trading funnel, not just a browsing screen.

1. Spotlight

Spotlight surfaces algorithmically curated feeds of trending tokens, top gainers, and notable market movements. For users who don't have a specific token in mind but want to find what's worth buying right now.
SpotlightJust LaunchedJust LaunchedTop GainersWhat to buy
AI DiscoverAsk AI

2. Ask AI

Ask AI turns token discovery into a conversation. Instead of scrolling through lists, the user asks what they're looking for and gets a structured result ready to act on.

AI helps users find tokens but doesn't provide financial recommendations — the decision to buy is always the user's own.
TradersCopy Trade

3. Copy Trade

Copy Trade lowers the barrier for users who don't know what to buy — instead of researching independently, they follow real trades made by other users in real time. Token, trade size, and PnL are visible at a glance.

A trade can be copied directly from the feed with a preset amount. Set it once and it applies to every copy. No friction between signal and action.

Mode Selection: Lite and Degen

The core structural decision was to introduce two distinct trading modes: Lite and Degen. Rather than a single interface trying to serve everyone, each mode was built around its own type of user.

Mode selection happens at a natural moment — during Discover or when opening a token page. The choice persists across sessions, so the user never has to think about it again.

Lite Mode

Lite mode is designed to reduce cognitive load for users who want to buy a token quickly and without friction. The token page shows only what's needed to make a decision. Everything else is one level deeper — available, but out of the way.
Lite modeToken pageOverview
Buy
Done
Wallet

Degen Mode

Degen mode is built on the opposite principle: the trader needs to see everything at once. The order form sits on the same screen as the chart, key metrics are visible without additional taps.

This lets traders make decisions and execute them instantly, without losing sight of the market — which is especially critical when scalping.
Degen modeDegen mode

More filters for search results, displayed directly on the page: One-click buy amount setup, key token metric. Customizable token info display: Volume / Price / Liquidity.

 

A widget with three buying modes: Instant — for quick one-click buy. Market / Limit with Take Profit and Stop Loss options

PositionsActivity feedSafety check

All open positions in one place — full portfolio view with current value, average buy price, and unrealized PnL for each token.

A live feed of other users' buys and sells in real time. Helps quickly assess trading activity and make decisions based on current market context.

A basic token safety check: mint, freeze, blacklist, and holder concentration. Lets the user quickly assess risks without leaving the app.

Key Design Decisions

The core decision was to treat Lite and Degen as two separate interfaces, each built around a different way of trading. The choice between them depends not on how long someone has been in crypto, but on how they trade.

Each user chooses a mode based on their experience and trading style — and can grow from one to the other without feeling like they've switched products.

Outcome

I designed Spot Trading, converting Blum's tap-to-earn audience into active traders on TON and Solana. A structured two-mode approach and rebuilding Discover as the top of the trading funnel helped establish Spot Trading as a sustainable source of trading volume and fee revenue for the business.

$346.5М

Total trading volume

50.8M MAU

At its peak

79.3%

Retention rate at peak

76% / 24%

Regular users / Experienced traders