diff --git a/bincio/render/cli.py b/bincio/render/cli.py
index de28527..b77917b 100644
--- a/bincio/render/cli.py
+++ b/bincio/render/cli.py
@@ -133,6 +133,11 @@ def _write_root_manifest(data: Path) -> None:
     root.write_text(json.dumps(manifest, indent=2))
     console.print(f"Root manifest updated: [cyan]{len(users)}[/cyan] user shard(s)")
 
+    if len(users) > 1:
+        from bincio.render.merge import write_combined_feed
+        n = write_combined_feed(data)
+        console.print(f"Combined feed: [cyan]{n}[/cyan] activities across all users")
+
 
 def _link_data(site: Path, data: Path) -> None:
     """Symlink site/public/data → data root (each user has their own _merged/)."""
diff --git a/bincio/render/merge.py b/bincio/render/merge.py
index bdc8fc6..86e57ec 100644
--- a/bincio/render/merge.py
+++ b/bincio/render/merge.py
@@ -320,3 +320,85 @@ def _write_year_shards(merged_dir: Path, activities: list[dict], index_meta: dic
         "activities": [],
     }
     (merged_dir / "index.json").write_text(json.dumps(root_doc, indent=2, ensure_ascii=False))
+
+
+FEED_PAGE_SIZE = 50
+
+# Extra fields stripped from the combined feed — preview_coords is the biggest
+# contributor (~24% of shard size) but the feed cards need it for thumbnails,
+# so we keep it.  mmp is never displayed in feed cards.
+_COMBINED_FEED_STRIP = _FEED_STRIP | {"mmp"}
+
+
+def write_combined_feed(data_dir: Path) -> int:
+    """Build data_dir/feed.json — the N most recent activities across all users.
+
+    The global feed page loads this single file instead of resolving 20+ user
+    shards recursively.  Returns the number of activities written.
+    """
+    user_dirs = sorted(
+        p for p in data_dir.iterdir()
+        if p.is_dir() and (p / "activities").exists()
+    )
+
+    all_activities: list[dict] = []
+    for user_dir in user_dirs:
+        handle = user_dir.name
+        merged = user_dir / "_merged"
+        index_path = merged / "index.json" if merged.exists() else user_dir / "index.json"
+        if not index_path.exists():
+            continue
+
+        index = json.loads(index_path.read_text(encoding="utf-8"))
+        shards = index.get("shards", [])
+        activities = index.get("activities", [])
+
+        if shards:
+            year_shards = sorted(
+                [s for s in shards if re.match(r"index-\d{4}\.json$", s.get("url", ""))],
+                key=lambda s: s["url"],
+                reverse=True,
+            )
+            base = index_path.parent
+            for shard in year_shards[:2]:
+                shard_path = base / shard["url"]
+                if shard_path.exists():
+                    shard_data = json.loads(shard_path.read_text(encoding="utf-8"))
+                    for a in shard_data.get("activities", []):
+                        a_tagged = {**a, "handle": handle}
+                        detail_url = a_tagged.get("detail_url", "")
+                        if detail_url and not detail_url.startswith("http") and not detail_url.startswith("/"):
+                            merged_rel = f"{handle}/_merged/" if merged.exists() else f"{handle}/"
+                            a_tagged["detail_url"] = merged_rel + detail_url
+                        track_url = a_tagged.get("track_url", "")
+                        if track_url and not track_url.startswith("http") and not track_url.startswith("/"):
+                            merged_rel = f"{handle}/_merged/" if merged.exists() else f"{handle}/"
+                            a_tagged["track_url"] = merged_rel + track_url
+                        all_activities.append(a_tagged)
+        else:
+            for a in activities:
+                all_activities.append({**a, "handle": handle})
+
+    all_activities.sort(key=lambda a: a.get("started_at", ""), reverse=True)
+
+    # Remove stale feed pages
+    for f in data_dir.glob("feed*.json"):
+        f.unlink()
+
+    if not all_activities:
+        return 0
+
+    pages = [all_activities[i:i + FEED_PAGE_SIZE] for i in range(0, len(all_activities), FEED_PAGE_SIZE)]
+    for page_num, page in enumerate(pages):
+        slim = [{k: v for k, v in a.items() if k not in _COMBINED_FEED_STRIP} for a in page]
+        fname = "feed.json" if page_num == 0 else f"feed-{page_num + 1}.json"
+        doc = {
+            "bas_version": "1.0",
+            "page": page_num + 1,
+            "total_pages": len(pages),
+            "total_activities": len(all_activities),
+            "activities": slim,
+        }
+        (data_dir / fname).write_text(json.dumps(doc, indent=2, ensure_ascii=False))
+
+    return len(all_activities)
diff --git a/site/src/components/ActivityFeed.svelte b/site/src/components/ActivityFeed.svelte
index f292dbf..ff6af52 100644
--- a/site/src/components/ActivityFeed.svelte
+++ b/site/src/components/ActivityFeed.svelte
@@ -2,7 +2,7 @@
   import { onMount } from 'svelte';
   import type { ActivitySummary, BASIndex, Sport } from '../lib/types';
   import { formatDistance, formatDuration, formatElevation, formatDate, isUnlisted, sportIcon, sportColor, sportLabel } from '../lib/format';
-  import { loadIndexPaged, loadShardActivities } from '../lib/dataloader';
+  import { loadIndexPaged, loadShardActivities, loadCombinedFeed, loadCombinedFeedPage } from '../lib/dataloader';
 
   /** Render preview_coords as an SVG polyline path string. */
   function trackPath(coords: [number, number][] | null, w: number, h: number): string {
@@ -45,6 +45,9 @@
   let error = '';
   let mounted = false;
   let pendingShards: string[] = [];
+  /** Remaining combined-feed pages (multi-user global feed). */
+  let feedNextPage = 0;
+  let feedTotalPages = 0;
   /** Logged-in handle — resolved async via bincio:me event. */
   let me: string = '';
 
@@ -61,20 +64,26 @@
   $: filtered = sport === 'all' ? withPrivacy : withPrivacy.filter(a => a.sport === sport);
   $: visible = filtered.slice(0, shown);
   $: canShowMore = shown < filtered.length;
-  $: hasMore = canShowMore || pendingShards.length > 0;
+  $: hasMore = canShowMore || pendingShards.length > 0 || feedNextPage > 0;
 
   async function loadMore() {
     if (canShowMore) {
       shown += PAGE_SIZE;
       return;
     }
-    if (!pendingShards.length) return;
     loadingMore = true;
-    const url = pendingShards[0];
-    pendingShards = pendingShards.slice(1);
     try {
-      const fresh = await loadShardActivities(url);
-      // Merge avoiding duplicates (IDB activities may already be present)
+      let fresh: ActivitySummary[] = [];
+      if (feedNextPage > 0) {
+        fresh = await loadCombinedFeedPage(base, feedNextPage);
+        feedNextPage = feedNextPage < feedTotalPages ? feedNextPage + 1 : 0;
+      } else if (pendingShards.length) {
+        const url = pendingShards[0];
+        pendingShards = pendingShards.slice(1);
+        fresh = await loadShardActivities(url);
+      } else {
+        return;
+      }
       const existing = new Map(all.map(a => [a.id, a]));
       for (const a of fresh) if (!existing.has(a.id)) existing.set(a.id, a);
       all = [...existing.values()].sort((a, b) =>
@@ -82,7 +91,7 @@
       );
       shown += PAGE_SIZE;
     } catch {
-      // shard load failed — don't block the user
+      // load failed — don't block the user
     } finally {
       loadingMore = false;
     }
@@ -109,6 +118,17 @@
     }
 
     try {
+      const isGlobalFeed = !profileIndexUrl && !filterHandle;
+      if (isGlobalFeed) {
+        const combined = await loadCombinedFeed(base);
+        if (combined) {
+          all = combined.activities;
+          feedTotalPages = combined.remainingPages + 1;
+          feedNextPage = combined.remainingPages > 0 ? 2 : 0;
+          loading = false;
+          return;
+        }
+      }
       const indexUrl = profileIndexUrl
         ? `${base}data/${profileIndexUrl}`
         : `${base}data/index.json`;
@@ -263,6 +283,8 @@
           Loading…
         {:else if canShowMore}
           Load more ({filtered.length - shown} remaining)
+        {:else if feedNextPage > 0}
+          Load more activities
         {:else}
           Load older activities ({pendingShards.length} more {pendingShards.length === 1 ? 'year' : 'years'})
         {/if}
diff --git a/site/src/lib/dataloader.ts b/site/src/lib/dataloader.ts
index b37b8fb..e2d7bdd 100644
--- a/site/src/lib/dataloader.ts
+++ b/site/src/lib/dataloader.ts
@@ -253,6 +253,49 @@ export async function loadShardActivities(shardUrl: string): Promise<ActivitySum
   }
 }
 
+interface FeedPage {
+  page: number;
+  total_pages: number;
+  total_activities: number;
+  activities: ActivitySummary[];
+}
+
+/**
+ * Load the combined feed (multi-user global feed). Returns the first page of
+ * activities pre-sorted across all users, plus remaining page count.
+ *
+ * Falls back to the full shard-resolution path if feed.json doesn't exist
+ * (single-user installs, older data).
+ */
+export async function loadCombinedFeed(
+  baseUrl: string,
+): Promise<{ activities: ActivitySummary[]; remainingPages: number } | null> {
+  try {
+    const feed = await fetchJSON<FeedPage>(`${baseUrl}data/feed.json`);
+    return {
+      activities: feed.activities ?? [],
+      remainingPages: (feed.total_pages ?? 1) - 1,
+    };
+  } catch {
+    return null;
+  }
+}
+
+/**
+ * Load a subsequent page of the combined feed (feed-2.json, feed-3.json, etc.).
+ */
+export async function loadCombinedFeedPage(
+  baseUrl: string,
+  page: number,
+): Promise<ActivitySummary[]> {
+  try {
+    const feed = await fetchJSON<FeedPage>(`${baseUrl}data/feed-${page}.json`);
+    return feed.activities ?? [];
+  } catch {
+    return [];
+  }
+}
+
 /**
  * Load a single activity detail, checking IndexedDB first so locally-converted
  * activities are available offline.