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Token price index · $NYTE

NYTE Token Index

What the market pays for AI inference, in US dollars per billion tokens.

$376 per billion tokens −5.7% over 7 days As of
Line chart of the NYTE Token Index in US dollars per billion tokens from October 2025 to September 2026, peaking near $918 in January and ending near $376. Line chart of the NYTE Token Index in US dollars per billion tokens from October 2025 to September 2026, peaking near $918 in January and ending near $376.

Four grades

Priced by capability.

AAA Frontier $2,621 −13.3% (7D)
A Advanced $1,122 −7.3% (7D)
B Professional $206 +3.2% (7D)
C Efficient $40 0.0% (7D)
Log-scale chart of the four NYTE grade indices in US dollars per billion tokens from October 2025 to September 2026, ending with Frontier near $2,621, Advanced near $1,122, Professional near $206, Efficient near $40. Log-scale chart of the four NYTE grade indices in US dollars per billion tokens from October 2025 to September 2026, ending with Frontier near $2,621, Advanced near $1,122, Professional near $206, Efficient near $40.

The grades

AAA Frontier

Frontier research, the hardest reasoning, strategic synthesis. The leading labs' current flagships.

Example models

  • Claude Opus 5.5
  • GPT-6 Astra
  • Claude Fable 5.1

A Advanced

Coding agents, complex analysis, professional workflows that need near-frontier capability.

Example models

  • Kimi K3
  • Claude Opus 5
  • GLM-5.3
  • GPT-6 Sol
  • Claude Fable 5

B Professional

Production assistants, structured analysis, code review, document work at scale.

Example models

  • DeepSeek V4.1 Flash
  • GLM-5.3 Flash
  • DeepSeek V4 Pro
  • GLM-5.2
  • Gemini 3.8 Flash

C Efficient

Extraction, summarization, classification, routing, high-volume support.

Example models

  • DeepSeek V4 Flash
  • Gemini 2.5 Flash-Lite
  • GPT-5 mini
  • GPT-4.1 mini

The NYTE Token Index tracks the price of AI inference across 600+ models from 100+ providers, built on TrustedRouter's proprietary trade data. The four grade indices track Frontier, Advanced, Professional and Efficient models; grade membership is reviewed as models launch and are superseded. Prices are in US dollars per billion tokens.

Provisional. Not for trading.

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