SideShift.ai Weekly Report | 2nd June - 8th June 2026

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

Highlights

• Gross volume hit $13.55m (+78.8%), the platform's biggest week since February.
• Large shifts reached record breadth, the $10k+ count more than doubling to 324 and claiming a peak 70.8% of volume.
• BTC buyers returned in force, settlements surging +559.7% to $1.70m as users met the selling.
• L-USDT set an all-time high of $2.71m (+144.5%), its first week ever above $2m.
• Affiliate volume nearly doubled to $3.28m (+96.1%), lifting their share of platform volume to 24.2%.

General Business News

The late-May selloff tipped into outright capitulation over the first week of June, and crypto bled in near-isolation from traditional markets, which kept notching record highs while BTC and ETH sank beneath them. The fresh catalyst came from Mt. Gox, which moved 10,422 BTC (~$739m) into a new wallet on June 2 in its largest transfer in months, reviving the decade-old creditor-supply fear just as BTC lost the $70k mark; from there it slid to around $61,100 by June 6, its weakest since February, while ETH gave up the $2,000 handle toward $1,585. A thirteenth straight session of spot ETF outflows kept sellers in control, hauling the Fear & Greed Index from a greedy 52 a week earlier into the low teens of extreme fear, while Worldcoin's roughly 30% weekly climb on AI-IPO enthusiasm stood out as the week's rare patch of green.

SideShift turned in its biggest and best performance since early February, with gross volume reaching $13.55m, a +78.8% jump that, almost to the decimal, mirrored the +78.6% it posted the week before. Two such weeks back to back have roughly tripled the platform's throughput in a fortnight, climbing from $4.24m at the May low to $13.55m now. This period’s growth was user-driven and tracked the market turmoil closely: as prices cratered, traders turned to SideShift to move funds, sending user shifting up more than double to $8.91m (+102.2%) and lifting its share of gross to roughly 66%, while liquidity shifting rose at a steadier $4.64m (+46.3%) to meet rebalancing demand. Daily volume averaged $1.94m across the seven days, near double last week's $1.08m. The top pairs read like a market in retreat, BTC/USDC(ERC-20) out front at $857k, more than double the prior week's leading pair, and BTC/USDT(TRC20) following at $295k as users moved BTC into stablecoins through the drop, though L-USDT/BTC at $365k marks a pocket of dip-buying running the other way.

Shift count rose to 8,451 (+18.3%), and while that trails the volume surge, it stands as a strong move in its own right given how range-bound count usually runs week to week. The week was a genuine mix of the two, more shifts changing hands alongside larger ones, with the climb in average size the bigger driver. That average reached roughly $1,603, up from $1,060 seven days earlier and a second straight rise off the late-May trough of $674, the main reason volume ran so far ahead of count. Daily count averaged 1,207, and the sub-$100 segment kept its usual perch as the busiest part of the table at 4,845 shifts.

The week's most striking feature was how many large shifts came through. The $10k+ band count climbed from 69 to 139 to 324 over three weeks, more than doubling for a second week running, while the $50k+ band went from a complete shutout to 24 to 45 across the same span, and the $20k+ band doubled to 158. What makes the run stand out is that it came through breadth. Average size within every large bracket actually fell, with the typical $50k+ shift landing around $71k against $88k a week earlier, pointing to a wider field of big shifters this time out, each logging a slightly smaller ticket than before. Those shifts together carried the $10k+ share of gross volume to 70.8% from 64.4% and lifted large shifts to 3.8% of all shifts by count, both chart peaks, with the heavy hitters gaining ground in dollars and frequency alike.

BTC dominated the way it tends to in a sell-off, with volume jumping +78.7% to $7.37m, nearly double its haul from the last report and comfortably the platform's biggest single asset. Last week its flow was almost pure selling - this time deposits still led at $2.72m (+117.2%) as users kept offloading into the slide, but settlements roared back, surging +559.7% to $1.70m from just $257k. As BTC fell toward $61k, buyers stepped in to meet the sellers in force, a counterweight the previous week's drop went without. ETH rode the same volatility, more than doubling to $1.45m (+134.6%), while SOL lagged behind the other majors at just +7.0% to $591k. Lower down, last week's breakouts reversed, with BCH handing back -32% to $206k after its +332% run and LTC sliding -51% to $126k, the week's flows pooling in the majors and big stables and leaving the smaller names behind.

For the second period running, the same four stablecoins filled out the top 5 behind BTC, and this time they split into two camps. Three sat on the receiving end, each settling more than it took in as BTC sellers cashed out into them. USDC(ERC-20) led the group at $3.34m (+61.1%), its $1.22m of settlements (+304.8%) dwarfing a slim $282k of deposits to mark the clearest sink for exiting BTC, with liquidity making up the rest of its total. USDT(TRC20) at $3.22m (+97.4%) and USDT(ERC-20) at $1.99m (+98.8%) leaned the same way, though less lopsidedly. L-USDT was the exception, and the headline. Its $2.71m (+144.5%) is the largest ever L-USDT week on record, the first ever to clear $2m and roughly double the prior high of $1.34m from April. Its user split ran opposite to its peers, $1.42m deposited (+164.5%) against far lighter settlement, casting it as the week's funding asset, the stablecoin users spent to buy the dip and bridge between chains, the mirror image of the others soaking up the sellers.

Among alternate networks to Ethereum, Tron turned a two-horse race into a runaway. It more than doubled to $3.45m (+103.3%), pulling so far clear that it now runs more than triple Solana, a pair that sat close only a week ago. Solana was the one piece of red on the board, slipping -13.6% to $1.02m even as every other network climbed. Further down, last week's sub-$500k cluster broke apart, with BSC jumping +90.4% to $849k and Base surging +180.7% to $740k to push past the $500k mark that held the group a week ago, while Arbitrum (+62.8% to $383k) and Polygon (+33.7% to $282k) made steadier gains. All told, the alt field added +67.2% to $6.76m, while the Ethereum network itself grew at a slightly slower rate of +53.0% to $5.96m.

Affiliate News

Affiliate volume rode the wider surge, with the combined top-20 figure up +96.1% to $3.28m, close to double a week earlier. The same three names held the top for a second week, though their order flipped. Last week's runner-up climbed +284.6% to $1.04m to take top spot, while the affiliate it displaced rose a far calmer +55.1% to $875k and the third nearly tripled (+179.3%) to $365k. Between them the three made up close to 70% of the combined top-20 total, up from under 60% a week earlier, a sharper tilt toward the top.

On count, the same affiliate stayed busiest at 612 (+58.5%), a pace well behind its volume, so its move leaned on bigger tickets as much as more of them. Affiliates outgrew platform volume overall, lifting their share of total volume to 24.2% from 22.1%, and clawing back part of the ground lost in last week's slide.

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