SideShift.ai Weekly Report | 11th - 17th August 2026

August 19, 20265 min read

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

Highlights

Gross volume fell -34.1% to $5.16m, ending a two-week run of growth. Shift count held flat at 7,696 (+0.3%) as average shift size dropped to $671 from $1,021.
BTC reclaimed top spot at $1.46m while ETH gave up -59.5% to $818k after its $2.02m week.
Alternate networks to ETH climbed to 58% of Ethereum-related volume, gaining for a second week.
Support added for tokenized stocks by Ondo. SPCXon, NVDAon, TSLAon, CRCLon are now available on the Ethereum network.
Affiliate share of gross volume held steady at 32.6%, with third place growing +16.8% for a fourth straight period.

General Business News

Price action stayed close to home this week, with BTC barely stirring and closing around $64k, inside the $62k to $65k range it has kept all month. The most newsworthy move came from XRP, which slipped below the dollar for the first time in nearly two years, while HYPE moved in the opposite direction and rose +7.5% to lead the large caps. ETH held near $1,900 and continued its slow gain on BTC, helped along by BitMine, whose latest purchase took its holdings to 4.8% of every ETH in existence, about $11 billion worth. Solana captured some attention as well, with Ansem's ansem.io launchpad reportedly turning over $100M within five hours of going live and carrying the $ANSEM token +17% to $0.26. Trezor and SafePal closed the week on a sour note, each disclosing data leaks that exposed customer information.

SideShift turned over $5.16m in gross volume, a -34.1% fall that ended the two-week growth run and pulled the daily average to $737k. User shifting slowed by -27.2% to $4.25m, while liquidity shifting took the heavier hit at $911k, down -54.4% and roughly $1.1m lighter than seven days prior. Much of that traced back to how evenly the top coins traded. BTC had spent the previous week pushing settlements while ETH and top stablecoins arrived mostly as deposits, and squaring off that sharp imbalance demanded near-constant rebalancing. Deposits and settlements ran far closer together this time, and liquidity shifting slipped to 17.7% of gross volume after accounting for a quarter of it last week. BTC sat on both sides of the leading pairs, BTC/USDT (TRC20) out front at $255k and USDT (ERC-20)/BTC just behind at $241k, followed by ETH/USDT (ERC-20) at $158k and USDT (Liquid)/USDT (TRC20) at $126k. The busiest route cleared $343k a week ago, so the slowdown reached the most active pairs as well.

Shift count barely moved at 7,696 (+0.3%), a second consecutive week above 7,600 for a daily average of 1,099. As is nearly always the case when count holds and volume falls, size is doing the work, with the average shift dropping to $671 from $1,021 as the bigger tickets slowed. Volume from shifts above $10k nearly halved to $2.33m (-47.9%), and the $50k+ band lost half its total to finish at $776k. Both remain far above their July levels, when the largest band spent four straight weeks under $260k, so the whales are still around in a way they were not a month ago. Retail moved the other way, with sub-$100 volume rising +3.5% to $133k for one of its better weeks of the year, though at just 2.6% of gross volume it barely registers against what the bigger shifts decide.

BTC returned to first at $1.46m despite falling -28.7%, reclaiming the lead from USDT (TRC20), which dropped -50.1% to $1.28m after a single week on top. The two sides of BTC diverged, with user deposits down -29.9% to $668k while settlements held almost exactly where they were at $530k (-0.7%). USDT (ERC-20) proved the steadiest of the leaders at $1.19m (-24.9%), holding above $1m for a third straight week and the only coin among the top five to see an uptick in settlements, which rose +9.3% to $406k. ETH came down hardest of all, losing $1.2m of weekly volume to finish at $818k, a -59.5% collapse from the $2.02m it turned over the week before. That figure had been its best of the summer by a wide margin, and giving back more than half of it in seven days accounted for a large share of the platform's total decline. ETH also arrived and left in near-equal measure, $375k deposited against $391k settled, which in turn had a major impact on liquidity shifting. USDC (ERC-20) barely budged at $802k (-4.2%) and was the only top coin to garner more deposits than the week before, up +5.6%.

Below them, SOL slipped -27.2% to $638k, after flirting with the $1m mark over past weeks and gaining some traction. In a section overcome with red, two coins managed to climb. USDC (SOL) rose +49.9% to $336k and LTC jumped +78.4% to $276k, its busiest week within Q2/Q3, after drifting between $125k-$230k since June.

Looking at alternate networks to ETH, their combined total summed to $4.10m, down -32.4%, while the Ethereum network itself fell a faster -36.8% to $2.96m. Alt networks now account for 58% of volume between the two, gaining on Ethereum for a second week running. What stood out was how uniform the decline was, with the Solana (-23.5% to $1.17m), BSC (-24.3% to $688k) and Polygon (-26.2% to $279k) networks all landing within three percentage points of one another. The Tron network was the exception and the heaviest weight on the total, halving to $1.45m after the $2.81m it posted a week earlier. Only two networks finished green, Base nearly doubling to $175k (+86.1%) and Arbitrum adding +4.9% to $235k. Robinhood chain slipped -11.7% to $101k, keeping to a familiar level for a third week running.

In listing news, four Ondo tokenized stocks are now live on the Ethereum network, SPCXon, NVDAon, TSLAon and CRCLon, letting users shift into SpaceX, Nvidia, Tesla and Circle exposure without leaving crypto.

Affiliate News

The top affiliates combined for $1.68m (-34.3%), keeping their share of gross volume steady at 32.6%. Our leader gave back $441k to land at $771k (-36.4%), a second week down from its early-August peak. Nevertheless, it still commands nearly half of all affiliate volume, with second place at $280k (-43.0%) sitting less than a third of its size. Between them, the top two absorbed nearly the whole decline. The genuine bright spot was third, up +16.8% to $115k for a fourth consecutive period of growth, climbing into the top three for the first time in a month. Its shift count fell -17.1% to 189, so the gain came entirely from bigger shifts, while the leader shed just -8.5% of its count against the -36.4% volume drop. Affiliate traffic held up close to normal, with the shortfall coming down to shift size.

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