LLM Token ' s expenditure index fell to 97 cents, down by more than 50 per cent from its height in May

The LLM Token expenditure index, published by the United States market information agency Silicon Data, fell to 97 cents per million token on 31 August, setting the lowest historical value since its inception at the end of last year, a drop of more than 50 per cent over the May 2.05 dollar. The open source model Kimi K3, OpenAI down, the ChatGPT-5.6 series pricing and the introduction of dynamic pricing mechanisms by head manufacturers constitute price downside factors. Token’s falling prices put pressure on model developers like OpenAI, Anthropic and Google. Seez Group recommended that the base model enterprises move towards enhanced distribution channels, memory and context capabilities to cope with the competitive erosion of open source models。