To date, transformer-based frameworks have demonstrated impressive results in single-image super-resolution (SISR). However, under practical lightweight scenarios, the complex interaction of deep image feature extraction and similarity modeling limits the performance of these methods, since they require simultaneous layer-specific optimization of both two tasks. In this work, we introduce a novel Unified Projection Sharing algorithm(UPS) to decouple the feature extraction and similarity modeling, achieving notable performance. To do this, we establish a unified projection space defined by a learnable projection matrix, for similarity calculation across all self-attention layers. As a result, deep image feature extraction remains a per-layer optimization manner, while similarity modeling is carried out by projecting these image features onto the shared projection space.