SideShift Token (XAI) Explained: What the Crypto Coin Is and How It Works

Feb, 18 2025

SideShift Token (XAI) Staking Calculator

About XAI Staking

SideShift Token (XAI) staking uses an ERC-4626 vault model where 25% of daily platform revenue is distributed to stakers. Your rewards grow automatically through compounding.

Current Market Data:
Price: $0.148 | Daily Revenue Share: 25% | Circulating Supply: 139.36M XAI

Estimated Staking Rewards

Enter your investment amount and time period to see estimated rewards.

Ever wondered what SideShift Token actually does? It’s the native crypto behind SideShift.ai, a privacy‑first exchange that lets you swap coins straight from your wallet without signing up. Below you’ll find everything you need to know - from the basics of the token to how you can earn rewards by staking it.

  • SideShift Token (XAI) is an ERC‑20 utility token on Ethereum.
  • It powers a no‑signup, wallet‑to‑wallet exchange called SideShift.ai.
  • Stakers receive a share of 25% of the platform’s daily revenue.
  • The token also fuels a 0.5% referral program and governance voting.
  • Market cap sits around $21.5M with a circulating supply of 139M XAI.

What is SideShift Token (XAI)?

SideShift Token (XAI) is the native ERC‑20 utility token that fuels the SideShift.ai ecosystem. Launched on 14September2020, it lives on the Ethereum blockchain under contract address 0x35e78b3982e87ecfd5b3f3265b601c046cdbe232. Holders can stake, earn referral bonuses, and vote on platform upgrades.

Technical Specs and Market Snapshot

Key numbers paint a clear picture of XAI’s current standing:

  • Maximum supply: 210million XAI
  • Circulating supply: 139,356,862XAI
  • Current price (Oct2025): ≈$0.148
  • Market cap: ≈$21.5million
  • 24‑hour volume: $10,265

The token follows the ERC‑20 standard, which means it’s compatible with any Ethereum wallet, DEX, or DeFi protocol that supports ERC‑20 assets.

How Staking Works - The ERC‑4626 Vault Model

SideShift.ai’s staking system is built on the ERC‑4626 tokenized vault standard. When you lock XAI, the platform issues svXAI - a receipt token that represents your proportional share of the vault.

Each day, 25% of the exchange’s net revenue is funneled into the vault and automatically compounded. In practice, this means your svXAI balance grows without you having to claim anything manually. The model mirrors dividend‑paying stocks: the more trading volume SideShift.ai processes, the bigger the reward pool for stakers.

SideShift.ai Platform Features

SideShift.ai distinguishes itself with two privacy‑focused trading modes:

  • Variable Rate Trading: The rate updates in real time until the transaction is sent, giving you the best market price.
  • Fixed Rate Trading: Once you request a quote, the rate locks for 15minutes, protecting you from sudden price swings.

Both modes require no KYC, no account creation - you simply connect your wallet and start swapping. The platform handles over $37.5million in monthly volume across more than 50 assets, and it integrates with hardware wallets like Trezor, mobile wallets such as Edge Wallet, and even Bitcoin.com’s wallet suite.

Token Utilities Beyond Staking

Token Utilities Beyond Staking

While staking is the headline feature, XAI also serves two other core purposes:

  1. Referral Program: Earn 0.5% of the total shift volume generated by users you bring to the platform, paid out in XAI.
  2. Governance: Token holders can vote on protocol upgrades, fee adjustments, and new feature rollouts, giving the community a direct say in the roadmap.

These utilities create a virtuous cycle - the more people use SideShift.ai, the higher the revenue, which boosts staking returns and referral payouts, encouraging further adoption.

How XAI Stacks Up Against Other Exchange Tokens

Comparison of XAI with Popular Exchange Tokens
Token Primary Utility Staking / Revenue Model Supply Cap Privacy Focus
XAI Utility for SideShift.ai exchange 25% of daily platform revenue (ERC‑4626 vault) 210M High - no‑signup, wallet‑to‑wallet swaps
BNB Fee discounts on Binance + ecosystem token Standard staking (proof‑of‑stake) with block rewards 200M Low - centralized exchange
FTT Fee discounts on FTX (now defunct) and ecosystem services Staking rewards funded by exchange profits 1B Low - centralized exchange

Notice how XAI’s revenue‑sharing model is directly tied to the platform’s actual trading volume, unlike BNB or FTT which mainly reward token holders via protocol inflation or occasional buy‑backs.

Acquiring and Storing XAI

Because XAI is an ERC‑20 token, you’ll need an Ethereum‑compatible wallet. The most common setup looks like this:

  1. Install MetaMask or another Web3 wallet.
  2. Open the wallet’s “Add Token” screen and paste the contract address 0x35e78b3982e87ecfd5b3f3265b601c046cdbe232.
  3. Buy XAI on a DEX (e.g., Uniswap) using ETH or a stablecoin.
  4. Send the tokens to your wallet’s address.
  5. Navigate to the SideShift.ai staking page, connect your wallet, and stake any amount you wish.

Remember to keep an eye on gas fees - staking transactions on Ethereum can be pricey during peak network activity.

Risks and Considerations

Every crypto investment carries risk, and XAI is no exception. Key points to watch:

  • Market Awareness: XAI ranks #1221 on CoinGecko, indicating limited mainstream exposure.
  • Platform Volume Dependency: Staking rewards scale with SideShift.ai’s $37.5M monthly volume. A dip in usage translates to lower yields.
  • Regulatory Landscape: The privacy‑first, no‑KYC model could attract regulatory scrutiny in the future.
  • Smart‑Contract Risk: Interacting with staking contracts exposes you to potential bugs or exploits. Use only the official SideShift.ai interface.
  • Liquidity: XAI trades on a limited number of DEXs, so large sell orders might impact price.

Balancing these factors against the revenue‑sharing upside will help you decide whether XAI fits your portfolio.

Future Outlook

SideShift.ai’s growth hinges on two trends:

  1. Regulatory Pressure on KYC‑Heavy Exchanges: If authorities tighten KYC rules, privacy‑focused services like SideShift.ai could see a surge in demand.
  2. Cross‑Chain Trading Innovations: Integration with bridges and layer‑2 solutions could boost volume, directly inflating staking rewards for XAI holders.

So far, the project hasn’t published a detailed roadmap, but any development that expands supported assets or improves user experience is likely to benefit token holders.

Frequently Asked Questions

Frequently Asked Questions

What is the primary purpose of the XAI token?

XAI serves as the utility token for SideShift.ai, providing staking rewards, referral incentives, and governance voting rights within the platform.

How does XAI staking generate returns?

Staked XAI is pooled into an ERC‑4626 vault that receives 25% of SideShift.ai’s daily revenue. That revenue is automatically compounded and distributed to stakers via svXAI tokens.

Can I use XAI on other DeFi platforms?

Yes, because XAI follows the ERC‑20 standard, it can be held, transferred, and swapped on any Ethereum‑compatible DEX or DeFi protocol.

What is the referral reward rate for XAI?

Referrers receive 0.5% of the total shift volume generated by their invitees, paid out directly in XAI tokens.

Is XAI a good investment compared to other exchange tokens?

XAI offers a unique revenue‑sharing model tied to platform usage, which can be attractive if SideShift.ai grows. However, its lower liquidity and limited market awareness make it riskier than larger exchange tokens like BNB.

How do I add XAI to MetaMask?

Open MetaMask, click “Add Token”, select “Custom Token”, and paste the contract address 0x35e78b3982e87ecfd5b3f3265b601c046cdbe232. The token symbol is XAI and decimals are 18.

What are the main risks of holding XAI?

Key risks include dependency on SideShift.ai’s trading volume, potential regulatory clampdowns on privacy‑focused services, smart‑contract bugs, and limited liquidity on exchanges.

13 Comments

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    Zack Mast

    February 18, 2025 AT 00:22

    SideShift token looks like another vaporware, promises 25% daily revenue share but reality is probably just hype. The whole thing feels like a gilded trap.

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    Dale Breithaupt

    February 21, 2025 AT 11:42

    If you're looking at the XAI staking calculator, just plug your XAI amount and the days – the math is straightforward: daily reward ≈ (investment/totalSupply)×25% of platform revenue.

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    Rasean Bryant

    February 24, 2025 AT 23:02

    Staking XAI can be a nifty way to earn passive income, especially since the rewards compound automatically, which helps grow your holdings over time.

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    Angie Food

    February 28, 2025 AT 10:22

    yeah, sure, 25% of daily rev share, but dont forget the hidden fees and the crazy gas costs, lol.

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    Jonathan Tsilimos

    March 3, 2025 AT 21:42

    The SideShift Token (XAI) operates within an ERC‑4626 compliant vault architecture, which standardizes tokenized yield‑bearing positions.
    By allocating 25 % of daily platform revenue to stakers, the protocol ostensibly creates a direct correlation between usage volume and reward distribution.
    This mechanism, however, presupposes a stable inflow of transaction fees and ancillary services to sustain the advertised yields.
    From a financial engineering standpoint, the compounding feature amplifies return on investment, yet it simultaneously introduces non‑linear risk exposure.
    Participants must therefore consider the liquidity profile of the underlying assets, as withdrawal latency could materially affect effective APR.
    Moreover, the token’s circulating supply of approximately 139.36 million XAI influences the per‑unit reward calculation, particularly under high‑staking participation.
    The daily revenue share model is contingent upon accurate accounting of platform fees, which necessitates transparent audit trails.
    In the absence of third‑party verification, the reliability of the disclosed $37.5 million monthly volume remains an interpretive variable.
    Regulatory considerations also emerge, as yield‑generating protocols are increasingly scrutinized under securities law frameworks.
    Investors should thus assess jurisdictional compliance and potential tax ramifications associated with staking income.
    Technically, the smart contracts governing the XAI vault must be resilient to re‑entrancy attacks and integer overflow vulnerabilities.
    Historical precedence in the DeFi sector indicates that even well‑audited contracts may harbor undiscovered exploits.
    Consequently, prudent capital allocation dictates a diversified exposure across multiple yield platforms rather than singular reliance on XAI.
    The staking calculator provided by SideShift serves as a user‑friendly interface, yet its projections are based on static assumptions that may diverge from real‑time dynamics.
    Users are encouraged to periodically recalibrate their expectations using actual performance metrics displayed on the dashboard.
    In summary, while XAI staking presents an attractive nominal yield, comprehensive due diligence remains indispensable for sustainable participation.

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    jeffrey najar

    March 7, 2025 AT 09:02

    A quick tip – keep an eye on the ERC‑4626 vault’s APR because it can shift with platform volume, so your projected rewards might vary.

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    Rochelle Gamauf

    March 10, 2025 AT 20:22

    While the token’s whitepaper boasts impressive metrics, the paucity of audited security reports raises substantive concerns regarding custodial risk.

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    Jerry Cassandro

    March 14, 2025 AT 07:42

    Has anyone analyzed how the XAI vault’s compounding mechanism impacts long‑term APR compared to traditional fixed‑rate staking protocols?

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    Parker DeWitt

    March 17, 2025 AT 19:02

    🚀💰 Staking XAI is just a hype train you’ll miss if you don’t hop on now! 🎢

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    Allie Smith

    March 21, 2025 AT 06:22

    The allure of passive earnings mirrors our deeper quest for effortless abundance, yet we must remain mindful of the underlying economic currents.

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    Lexie Ludens

    March 24, 2025 AT 17:42

    Oh, the sweet deceit of promises! XAI whispers riches, but the abyss of volatility is always lurking, ready to swallow the naïve.

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    Aaron Casey

    March 28, 2025 AT 05:02

    From a global finance perspective, integrating XAI staking into diversified portfolios can provide exposure to DeFi yields while balancing regional market risks.

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    Leah Whitney

    March 31, 2025 AT 16:22

    Your question is spot‑on; the compounding effect typically boosts APR by a few percent annually, so it’s worth monitoring the vault’s performance dashboard.

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