Is SideShift a scam?
MEDIUM RISK · 35/100SideShift (XAI) has an automated risk score of 35/100 — medium risk. SideShift shows very low trading activity and is 82% below its all-time high. Our measurements cover market data only — we do not assess development activity, and low volume alone does not establish that a project has been discontinued.
Automated assessment · updated 12 October 2026
SideShift
xaiMEDIUM$0.1988
0.00% (24h)
updating live price…
Risk Assessment
Risk Score
MEDIUM RISK
Driven primarily by volume anomaly (15 of 20 points). Every contributing factor is itemised below.
measured 2026-10-12 · 7 factors evaluated
Here is what the public data shows about SideShift, ordered by how strongly each factor contributes to the score:
- Volume Anomaly: Near-zero volume (0.00% of MCap) — almost nothing trades, so a position of any size would be hard to sell near the quoted price.
- Drawdown From All-Time High: Down 82% from its all-time high — a major sustained decline.
- Market Cap Risk: Market cap under $100M — mid-sized; large trades can still move the price.
- Supply Structure: ~31% held off-market — a moderate share is still to be released.
These are automated, opinion-based indicators from public data — not financial advice or an allegation of wrongdoing. See our methodology.
Why this asset is flagged as high-risk
The patterns below are automated, opinion-based observations from public market data. They describe statistical risk indicators — not proof of wrongdoing by any project or person.
Very low trading activity relative to size. We measure market data only and do not assess development activity
Risk Factor Breakdown
Each factor is scored independently and weighted to calculate the total risk score.
Drawdown From All-Time High
Price Action
14/25
56%
How far the price sits below its peak. Deep drawdowns are common to abandoned and post-collapse tokens, but also to assets in a prolonged bear market — on its own this measures price history, not conduct.
Volume Anomaly
Trading Signals
15/20
75%
24-hour volume compared with market cap. Very high turnover can reflect genuine news-driven trading or inflated volume; very low turnover means the price is rarely tested. We measure the ratio and cannot attribute it to any party.
Market Cap Risk
Market Structure
3/15
20%
Market capitalisation. The smaller the asset, the less capital it takes to move its price.
Supply Structure
Tokenomics
3/20
15%
Free float (circulating vs total/max supply). A low float means much of the supply has yet to reach the market, so the price is set by a small share of it and future releases could dilute holders. Estimated from reported supply; holder data read from the chain is scored separately.
Not contributing (3): Price Volatility, On-Chain Holder Concentration, Transparency Gaps — 0 points.
Key Metrics
Protect Yourself
- • Never invest more than you can afford to lose entirely
- • Check token concentration — if top 10 wallets hold >50%, be cautious
- • Verify the team is public and doxxed
- • Read the smart contract audit before buying
- • Be wary of unrealistic APY promises
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Community Comments
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What the contract allows
Ethereum · measured 2026-10-11
We checked SideShift’s deployed contract for all 7 owner privileges below and found none of them. This describes the code only — it says nothing about the team, the treasury, or how the supply is distributed.
Checked and not present: change any wallet balance, pause all transfers, blacklist wallets, mint new tokens, ownership can be reclaimed after renouncing, contract has a hidden owner, contract can self-destruct.
Source code: published and verified, so the deployed bytecode can be independently reviewed.
Contract analysis from GoPlus Labs · verify on-chain. An upgradeable contract can change after this reading.
How we counted holders here
Ten largest wallets
99.2%
including custodial
Largest private wallets
16.8%
after excluding 4
4 of SideShift’s ten largest holders are labelled exchange, market-maker, treasury or vesting, liquidity-pool or DeFi-protocol, staking or vault, bridge, multisig or burn addresses — supply that is custodied, pooled or destroyed rather than sitting in one person’s wallet. Separating them out moves the top-10 figure by 82.4 points. We report the private-wallet figure because that is the supply someone can actually choose to sell today.
Most of SideShift’s supply therefore sits in the excluded addresses. Burned supply is permanently gone, but treasury, vesting and foundation holdings are excluded too, and those can still reach the market when they unlock — a low private-wallet figure is not the same as a low future sell-side risk.
Wallets excluded from the top 10
| Address | Classified as | Label | Share |
|---|---|---|---|
| 0x3808…bd62 | Staking or vault contract | Sideshift Token Vault · Sideshift Token Vault · SideShiftVault | 67.09% |
| 0x722b…8767 | Treasury, vesting or foundation | SideShift · Contract Deployer · Exchange · Sideshift: Staking Reserve · | 11.43% |
| 0xcdd3…2af2 | Exchange wallet | SideShift: Hot Wallet · SideShift: Hot Wallet · Exchange · SideShift | 4.03% |
| 0x73db…0e1f | Liquidity pool or DeFi protocol contract | UniswapV3Pool | 0.18% |
Classification applied to the 100 holder records returned for this contract; 94 remained after exclusions · measured 2026-10-12. Custodial wallets are identified by public address labels, so an unlabelled one may still be counted as private — this correction is a floor, not a guarantee.
SideShift holder-concentration history
2 dated measurements · -67 pts over the period
FraudCoins.com has measured the share of SideShift’s supply held by its top 10 non-exchange wallets on 2 days since 10 Oct 2026. The highest reading was 83.8% on 10 Oct 2026; the most recent reading is 16.8% on 12 Oct 2026.
- 12 Oct 2026: Added contract-type rules (lock-ups, vaults, lending and yield protocols), excluded vault and yield-bearing receipt tokens, and stopped flagging assets where the measured chain holds only part of the supply.
Composite risk score (0–100)
Recorded measurements (2)
| Date measured | Top 10 hold | Flagged |
|---|---|---|
| 16.8% | No | |
| 83.8% | Yes |
Each row is an automated measurement taken on the date shown, using public on-chain holder data with burn and labelled exchange, staking, bridge and liquidity wallets excluded. Historical readings describe what our model measured on that date — they are not statements about the project’s conduct then or now, and are not financial advice.
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Frequently asked questions about SideShift
Is SideShift a scam?
We do not allege that SideShift (XAI) is a scam, and we have no evidence of wrongdoing by anyone associated with it. What we can tell you is what we measured: Its ten largest private wallets hold 16.8% of supply (exchange, staking, bridge and burn addresses excluded). That places it at 35/100 on our automated scale, which we label medium risk. A high score means the asset has structural characteristics that have historically preceded losses — not that fraud has occurred. These are automated, opinion-based indicators from public market and on-chain data — not statements of fact, financial advice, or allegations of wrongdoing.
Why is SideShift flagged as medium risk?
SideShift's risk score is driven mainly by: volume anomaly — Near-zero volume (0.00% of MCap) — almost nothing trades, so a position of any size would be hard to sell near the quoted price; drawdown from all-time high — Down 82% from its all-time high — a major sustained decline; market cap risk — Market cap under $100M — mid-sized; large trades can still move the price.
Who controls SideShift's supply?
On-chain data shows the top 10 holders of SideShift hold 16.8% of the supply (burn and labelled exchange, staking and liquidity wallets excluded). This is shown for transparency and sits below our flag threshold.
Is SideShift safe to buy?
FraudCoins.com does not give buy or sell recommendations, and no cryptocurrency is safe. SideShift scores 35/100 (medium risk) on our automated risk model. Always do your own research and never invest more than you can afford to lose.