SideShift.ai Weekly Report | 14th - 20th April 2026

Welcome to the two-hundredth edition of the weekly stats report - your one-stop shop for all things SideShift.ai.

Highlights

•  Gross volume rebounded to $5.92m (+41.5%) alongside a shift count of 6,336 (+0.7%), our strongest performance in five weeks.
• BTC reclaimed first place at $2.80m (+163.6%), its highest weekly total since late Feb.
• The >$10k shift band recovered to 55.5% of gross volume, bouncing sharply off a multi-month floor.
• XAI stakers received 195,415.70 XAI ($17,236.82) at a 7.44% average APY, peaking at 11.47% on April 17th.
• USDT(TRC20) climbed to $1.72m (+41.6%), with four of the top five spots claimed by dollar-pegged assets for yet another time this year.

General Business News

It was a week of two halves for crypto — prices held up reasonably well, with BTC steady around $75k and ETH quietly putting together one of its better performances in months, gaining roughly +12% and briefly touching a two-month high. The bigger story, however, was DeFi's brutal April — Kelp DAO's cross-chain bridge was drained for $292 million on April 18th, the largest DeFi exploit of 2026, following the $285 million Drift Protocol hack that opened the month, with Lazarus Group suspected behind both attacks. The fallout hit fast and wide, with AAVE freezing its rsETH markets and the AAVE token itself shedding -18% as users scrambled to exit. In just under three weeks, April has already seen more stolen funds than the entirety of Q1.

SideShift finished the period with $5.92m in gross volume (+41.5%), our best week in five and enough to shake off the choppiness that has defined the volume picture since February. User shifting drove the bulk of it at $4.51m (+34.3%), while liquidity shifting climbed to $1.41m (+70.7%) — largely a product of rebalancing against a heavy influx of BTC deposits as users moved to sell into the week's price stability. That selling pressure is visible in the top pairs, with BTC deposits anchoring the top two, BTC/USDT(TRC20) at $307k and BTC/USDC(ERC20) at $206k, though USDC(ERC20)/BTC at $202k points to some flow in the opposite direction as well. L-USDT/USDT(TRC20) rounded out the top four at $177k. After BTC posted its lowest 7 day total in nearly a quarter last week, its presence across three of the four top pairs this week was a notable step forward.

Shift count came in at 6,336 (+0.7%) for a daily average of 905, though the flat headline doesn't do this week justice. Mid to large participants were the real story — the >$10k band bounced sharply off the floor of 79-80 shifts hit over the prior two weeks, generating 127 shifts for a gross $3.29m, and logging a +$1.42m weekly rise that alone accounted for the bulk of our +$1.74m gross volume gain. That pushed this band’s share of gross volume back to 55.5%, reversing a slide that had dragged it as low as 40.1% at its worst. Within that, the >$50k band contributed $1.08m (+153% weekly), its best showing in nearly two months. Meanwhile, sub-$100 shifts fell -15.8% to 3,616, though this cohort has historically shown little correlation with overall volume movement, holding relatively flat across weeks where gross volume has swung wildly in either direction.

BTC reclaimed first place in emphatic fashion, posting $2.80m (+163.6%), its highest weekly total since late February and a number that would have looked optimistic even a week ago when it was sitting at just $1.06m. User deposits drove the coin with $1.33m (+162.5%) against settlements of $457k (+56.7%), a lopsided split that mirrors the selling pressure reflected in our top pairs this week. Interestingly, despite BTC price holding relatively firm around $75k, users were overwhelmingly depositing rather than accumulating — a reminder that price stability doesn't always translate to buyer conviction.

USDT(TRC20) followed in second at $1.72m (+41.6%), a volume level the coin hadn't touched since early March, with user settlements back to form at $849k and running more than double deposits, which sat at $403k. L-USDT held third at $913k (-6.1%), the only top five coin in the red, though deposits at $465k (-1.2%) held their ground despite the overall dip. USDC(ERC20) and USDT(ERC20) rounded out four and five at $884k (+114.7%) and $812k (+94.4%) respectively, both bouncing back convincingly after recent quiet stretches. Four of the top five spots going to dollar-pegged assets for yet another time this year points to a user base that remains cautious but is clearly more willing to engage than in recent weeks. Outside the top five, SOL quietly put together its best stint in months at $611k after a dismal spring, while USDT(BSC) continued its long unwind to $324k.

Looking at alt networks, they combined for a total $3.90m (+29.5%) this week with the Ethereum network contributing a further $2.19m (+14.3%). Tron convincingly led the alt stack at $1.80m (+42.1%), driven as ever by USDT(TRC20) activity, and posting its best week in over six weeks after a period of gradual decline from the mid seven figures it was generating earlier in the year. Solana bounced back to $1.08m (+62.9%) after back-to-back weeks below $700k, reclaiming a more prominent position in the network rankings. BSC held at $445k (-9.3%), relatively unremarkable given the swings it has produced in recent months, while Polygon climbed to $251k (+22.5%) and Base had an mediocre performance at $158k (+25.5%). Arbitrum slipped back to $157k (-30.3%), giving back a chunk of the gains that had made it one of the more encouraging alt stories from last week.

Affiliate News

Affiliate volume climbed to $1.25m (+22.0%), a healthy step up from last week's measure of $1.03m. First place maintained its lead at $379k (+6.8%), a steady if unspectacular performance, while second place was the more active mover at $174k (+42.3%), its best stretch in at least two months. Third slipped to $127k (-11.6%), though notably led the three on shift count at 386, pointing to a meaningfully smaller average shift size compared to its counterparts. The broader affiliate pool had a mixed week — a handful of partners contributed quietly but consistently, while some of the more volatile names further down the table swung enough to keep the overall picture lively.

Combined, our top affiliates accounted for 21.1% of platform volume, down from 27.7% last week — not a reflection of the top three losing ground, but of the broader platform volume growing faster around them.

XAI Weekly Performance & Staking

XAI stakers received 195,415.70 XAI ($17,236.82) at an average APY of 7.44%, with April 17th producing the week's peak payout of 42,370.24 XAI at 11.47% APY made directly to our staking vault, supported by $1.66m in daily volume. On the price side, XAI has been quietly grinding higher throughout the week, building a series of higher lows that has carried it from the $0.083 range seen earlier in the month back toward $0.0885 — close to its monthly high. The market cap ticked up to $14.15m (+1.47%).

Additional XAI updates:

Total Value Staked: 142,615,744 XAI (+0.14%)
Total Value Locked: $12,551,287 (+1.25%)

That’s all for now - thanks for reading and happy shifting.