SideShift (XAI): What It Is, Uses and Risks

SideShift Token (XAI) is the native token of SideShift.ai, a swap service that our site lists under exchanges. The token data says it is issued on the Ethereum network, and one search result describes it as an ERC20 token, the standard used by many Ethereum tokens. Our site describes SideShift.ai as a non-custodial swap service that sends more than 300 coins across more than 45 networks straight to a user's wallet, aimed at people who want quick swaps without opening an account. The token data does not give a launch date, a consensus mechanism or a project description, so those details are not covered here. The name Xai is also used by a separate Arbitrum layer-3 gaming network with its own token, so check which project you are reading about before relying on any figure.

The main use described in public sources are staking. Public reporting indicates that holders can stake XAI on SideShift.ai and that a separate process exists for unstaking. Another source describes the token as the platform's native token, used to support exchanges between cryptocurrencies. Our facts do not give details of staking rewards, lock-up periods, fee discounts or governance rights, so we cannot confirm them. Staking terms are set by the platform, and rates and conditions can change, so read the current terms on the platform itself. Staking carries the risk that terms change or that you cannot withdraw when you expect to. A token's role in a service does not guarantee its value.

As of 2026-11-05, the token data shows a price of about $0.20 and a market capitalisation of about $28.9 million. The fully diluted valuation is about $42.0 million. Circulating supply is about 144.3 million XAI, against a total supply of about 210 million. The data lists no maximum supply. Over the past year the price is up about 60 percent, while the seven-day change is roughly flat at about 0.6 percent. The all-time high was about $1.13 on 2024-01-15, and the all-time low was about $0.054 on 2023-06-01. The 24-hour volume figure in the data is not usable, so it is left out. These numbers change constantly and should be checked against a live market data source before use.

The token is issued on Ethereum and is described as an ERC20 token. The data does not list it as the native token of any chain, and it appears under the Ethereum ecosystem category. Because it runs as an ERC20 token, transfers and balances are handled by Ethereum smart contracts, and network fees are paid in ETH. A wrapped or bridged version on another network would be a separate token, so confirm the network before sending any funds. Several chains and projects use similar names, so matching the contract address to an official source is the most reliable check.

Several risks apply. The price is far below its all-time high and can move sharply in either direction. Liquidity may be thin for a token of this size, so large trades could move the price. Staking terms belong to the platform and could change. Common risks include smart contract bugs, phishing sites and fake tokens that copy the name. Keep tokens in a wallet you control, check the contract address against an official source, and never share your seed phrase. Only use money you can afford to lose. This page is research, not financial advice, and it does not recommend buying or selling.