Token Ledger Digest – 2026-08-25
Top cost impact
Z.ai: GLM 5.1 – Prompt price ↑ $0.966 → $1.26 /1M (+$0.294); completion ↑ $3.036 → $3.96 /1M (+$0.924).
Who should care: Anyone running GLM 5.1 at scale; per‑million token cost rises ~30 % for prompts and ~30 % for completions.
Added models
- MiniMax M3 (free) – $0.00 prompt, $0.00 completion /1M.
- MiniMax M2.7 (free) – $0.00 prompt, $0.00 completion /1M.
- Mistral Devstral 2 2512 – $0.44 prompt, $2.20 completion /1M.
Removed models
- inclusionAI Ring‑2.6‑1T – $0.075 prompt, $0.625 completion /1M.
- inclusionAI Ling‑2.6‑1T – $0.075 prompt, $0.625 completion /1M.
- inclusionAI Ling‑2.6‑flash – $0.01 prompt, $0.03 completion /1M.
- NVIDIA Nemotron 3 Nano 30B A3B (free) – $0.00 / both.
- NVIDIA Nemotron Nano 12B 2 VL (free) – $0.00 / both.
- NVIDIA Nemotron Nano 9B V2 (free) – $0.00 / both.
Price changes
- DeepSeek V4 Flash Vision Exp – Prompt $0.22 → $0.44 /1M (+$0.22); Completion $0.66 → $1.32 /1M (+$0.66).
- Qwen Qwen3.8 27B – Prompt $0.40 → $0.425 /1M (+$0.025); Completion $3.00 → $2.55 /1M (‑$0.45).
- DeepSeek V4 Flash Latest – Prompt $0.04 → $0.035 /1M (‑$0.005); Completion $0.08 → $0.10 /1M (+$0.02).
- Thinking Machines Inkling – Prompt $1.00 → $0.95 /1M (‑$0.05); Completion unchanged $4.05 /1M.
- Z.ai GLM 5.2 – Prompt $0.966 → $1.19 /1M (+$0.224); Completion $3.036 → $3.74 /1M (+$0.704).
- MoonshotAI Kimi Latest – Prompt $2.60 → $2.80 /1M (+$0.20); Completion $13.0 → $14.0 /1M (+$1.00).
- DeepSeek V4 Pro 0423 – Prompt $0.526 → $0.790 /1M (+$0.264); Completion $1.052 → $1.581 /1M (+$0.528).
- DeepSeek V4 Flash 0423 – Prompt $0.057 → $0.089 /1M (+$0.031); Completion $0.115 → $0.177 /1M (+$0.062).
- MiniMax M2.7 – Prompt $0.24 → $0.30 /1M (+$0.06); Completion $0.96 → $1.20 /1M (+$0.24).
- MoonshotAI Kimi K2.5 – Prompt $0.45 → $0.60 /1M (+$0.15); Completion $2.25 → $3.00 /1M (+$0.75).
Who should care: Developers budgeting for inference; note the largest upward moves (GLM 5.1, Kimi Latest) and notable drops (Qwen 3.8, Inkling).
Total models tracked: 419.
Originally published at The Token Ledger. Subscribe for the daily digest.
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