Case 01
Ripio
Crypto / Digital Assets
Simple DeFi / Automatic Yield
From idle custody balances to activated assets and recurring value.
Strategic takeaway
The strategic shift was from measuring feature adoption to measuring assets activated.
Business context
Ripio's revenue was strongly influenced by trading cycles. An opportunity existed in assets that users already held in custody but had not activated into yield-generating products.
Simple DeFi / Automatic Yield allowed eligible users to activate assets and generate yield after a one-time enablement.
Problem / insight
Initial adoption could look healthy when measured by the number of users enabling the feature, but enabled users did not contribute equally.
A smaller group of lower-engagement users held a disproportionate share of eligible assets. The relevant metric was the amount of eligible assets activated, not enabled users alone.
Strategic shift
Before
Users enabled
Strategic focus
Assets activated
What I led
- Redefined success around activated AUC / AUM rather than user count alone.
- Prioritized users with meaningful custody balances.
- Developed segmentation based on expected asset impact.
- Used high-touch concierge channels where expected value justified the cost.
- Coordinated Product, Data, CX, Commercial and owned channels.
- Kept paid acquisition secondary because the opportunity was primarily within existing balances.
Impact
~60%
eligible AUC activated, amount-based
~80%
of high-AUM users enabled Simple DeFi
Most progress occurred within approximately three months of a roughly six-month initiative.
Learning
Growth is not always about increasing adoption volume. Sometimes the biggest opportunity is identifying which users or assets actually move the underlying business metric.