SideShift.ai Weekly Report | 21st - 27th April 2026

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

Highlights

• Gross volume hit $7.09m (+19.8%), a 9-week best and top 5 finish of the year.
• All five top coins cleared $1m for the first time in two and a half months, with cBTC (ERC-20) posting a record $1.09m weekly volume.
• The $50k+ shift band delivered $1.6m (+48.7%), one of its strongest contributions of 2026.
• Second place affiliate surged +587.8% to $220k, with combined top affiliate volume reaching $1.34m (+6.7%).
• XAI stakers received 199,724.70 XAI ($17,779.31) at a 7.67% average APY, peaking at 16.89% on April 22nd.

General Business News

BTC spent the week consolidating in the high $70k range, touching $79k briefly before pulling back, and is looking to close out April up +18% on the month, its best monthly performance since last October. ETH meanwhile was quieter, hovering around $2.3k throughout with no real push in either direction. Spot Bitcoin ETFs pulled in $823.7m across the week, their fourth consecutive week of inflows, while all eyes are now pointed toward the FOMC meeting kicking off April 28th with the market largely pricing in no rate cut. Elsewhere, LUNC grabbed some attention with a sudden +70% monthly run, having lain largely dormant since a similar pump and retracement back in December.

SideShift recorded $7.09m in gross volume (+19.8%), a 9-week best and a top 5 finish of the year. Daily average volume crossed back above $1m for the first time since February, a benchmark that's been elusive through much of 2026 and one that's always welcome to see return. User shifting came in at $4.96m (+10.0%), with liquidity shifting growing considerably harder at $2.14m (+51.1%). That divergence traces back directly to cBTC (ERC-20)/BTC, the week's dominant pair at $1.07m, where deposits flooded in with little to no settlement action to counteract. Rounding out the top pairs, L-USDT/USDT (ERC-20) followed from a distance at $251k, with BTC/ETH at $183k, and BTC/USDT (TRC20) at $176k coming next. DASH/USDT (TRC20) was the week's wildcard at $160k, a coin that seldom shows up with a six-figure presence.

Gross shift count ended at 6,555 (+3.5%) for a daily average of 936, another flat performance on the surface that quietly understated the impact of the composition. The gap between this week and last was just 219 shifts, though the weight of those select additions at the higher end was what drove volume and sustained the monthly momentum. Looking at band distribution, the $10k+ group climbed to 161 shifts, rising +43% to $4.71m and achieving its highest tally in months. Within this, over ⅓ derived from the $50k+ band, which contributed 22 shifts for a gross sum of $1.6m (+48.7%), a solid showing after remaining trapped under $1m for much of the year. Meanwhile, sub-$100 shifts recovered +11% to 4,013 after last week's 3,616, though only contributing a grand total of $126k in volume.

For the first time in two and a half months, all five top coins cleared $1m in weekly volume, with BTC firmly leading the charge at $3.07m (+9.5%), its second consecutive week of growth after an uncharacteristically slow start to the month. The deposit and settlement split has been inconsistent week to week lately, though this week the preference landed firmly on the demand side. $1.26m was settled against $839k in user deposits, marking an impressive +175.6% settlement surge that tells you where appetite was sitting. cBTC (ERC-20) was essentially the other side of that same coin, posting $1.09m in total volume,  and setting a new weekly record that comfortably eclipsed its previous best of just $157k seen more than 18 months ago. The user split was heavily lopsided for cbBTC (ERC-20), deriving from a roughly 50:1 deposit to settlement ratio, with deposits alone clearing $1m.

USDT (TRC20) held second place at $1.61m, though a -6.3% dip meant it was the only top 5 coin to finish the week in the red. While it held its ground, the stables beneath it came alive, each posting double-digit growth and showing signs of playing catch up after spending much of 2026 at a fraction of TRC20's volume. USDT (ERC-20) led that charge with a +60.4% move to $1.30m, driven by its second best settlement week of 2026 at $707k, and narrowing what has been a wide gap between the two. L-USDT took third at $1.34m (+46.9%), while USDC (ERC-20) rounded out the top five at $1.20m (+35.6%). Outside the top five, DASH surfaced with $328k against a recent weekly range of single digit thousands, an unexpected appearance that echoed the irregularity of cBTC's week and played its part in lifting the week's gross volume past $7m.

Alternate network volume pulled back, combining for $3.37m (-13.6%), with Tron, Solana and BNB Smart Chain all posting declines and collectively shedding over $430k from last week's total. Against that, the Ethereum network posted $3.52m (+36.4%), overtaking the alt sum entirely on the back of heavy ERC-20 activity that defined much of the period. The Tron network held onto top spot among the alts at $1.65m (-8.3%), with the Solana network a distant second at $943k (-12.4%), both giving back some of last week's ground without any alarming shift in their respective positions. BSC dropped to $292k (-34.3%), extending a sharp retreat that has seen it unload over $1.5m in volume across the past month. Meanwhile, Polygon offered some relief at $267k (+6.6%), while Base and Arbitrum came in at $108k and $94k, respectively. Avalanche and Optimism offered little to no contribution to the broader sum.

In listing news, SideShift stayed busy adding support for CHIP on Arbitrum, AAVE on Solana and Polygon, wXRP on Solana, NUSD on Ethereum, and USDu on Solana. Shifting of all of these coins is now live, from any of our 280+ supported assets.

Affiliate News

Top affiliate volume combined for $1.34m (+6.7%), with first place retaining its position at $482k (+27.1%), its strongest performance of the quarter and continuing to pull away from the rest of the field. Second place surged to $220k (+587.8%), jumping from the fringes of the leaderboard into the top three, its volume driven in no small part by the larger shifts that characterised the week. Third place rounded out the podium at $171k (+35.2%), a steady and consistent climb that has seen it grow its volume week on week. On the count side, second place by volume led with 574 shifts (+43.9%), reflecting the high frequency nature of that affiliate's user base, while our first placed affiliate registered 329 shifts (-10.8%) — fewer shifts, significantly more volume per shift, pointing to a higher value user profile.

Top affiliates accounted for 18.8% of gross volume, down from 21.2% last week as site shifting still outpaced affiliate activity overall.

XAI Weekly Performance & Staking

XAI stakers received 199,724.70 XAI ($17,779.31) directly to the staking vault at an average APY of 7.67%, both figures up on last week's and a reflection of the stronger volume environment. April 22nd stood out as the 7 day peak, delivering 60,972.66 XAI at 16.89% APY on the back of $2.11m in daily volume, the highest single day payout of the two week stretch by some distance. XAI currently sits at $0.0893, up +5.6% on the month, with the one month chart printing some solid upwards momentum, followed by a steady hold near the top of that range. XAI’s market cap closed the week at $14.27m (+0.86%).

Additional XAI updates:

Total Value Staked: 142,805,887 XAI (+0.13%)
Total Value Locked: $12,696,940 (+1.16%)

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