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Fear & Greed
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Greed (+3)
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12h ago · Decrypt

TokenMaxxing: How to Get the Most Out of Your AI Models

<span class="">By <span><span class="underline"><a class="text-text-sub-600 gg-dark:text-gray-100 font-semibold" href="/author/jose" rel="nofollow" target="_blank">Jose Antonio Lanz</a></span></span></span> <span class="">Edited by <span><span class="underline"><a class="text-text-sub-600 gg-dark:text-gray-100 font-semibold " href="/author/guillermo" rel="nofollow" target="_blank">Guillermo Jimenez</a></span></span></span> <span class="whitespace-nowrap">Oct 17, 2026Oct 17, 2026</span> Meta employees burned through 60 trillion AI tokens in 30 days earlier this year, chasing spots on an internal leaderboard nicknamed "Claudeonomics." Tech columnist Gergely Orosz <a href="https://blog.pragmaticengineer.com/the-pulse-tokenmaxxing-as-a-weird-new-trend/" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">>estimated the tab</a> at roughly $900 million at Anthropic's list prices, though Meta likely pays far less. Bain & Company consultant Jue Wang sees a quieter version of that waste everywhere: "So many companies, so many users, default to using Opus for everything, including generating emails," she <a href="https://wtop.com/news/2026/07/a-flex-in-corporate-america-ai-tokenmaxxing-fades-as-workplaces-look-to-cut-tech-spending/" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">>told the Associated Press</a> this summer, referring to Anthropic's high-end models. If you do the same thing, you're hiring Albert Einstein to calculate your change at a MacDonald’s. Every word you type into ChatGPT or Claude, and every word it writes back, is metered in <a href="https://help.openai.com/en/articles/4936856-what-are-tokens-and-how-to-count-them" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">>tokens</a>, chunks of text that average about three-quarters of a word. On a $20 subscription that meter decides how fast you hit your usage limit. On the API, the pay-per-token access developers use to plug models into their own apps, it decides the bill. Here's Anthropic's current <a href="https://platform.claude.com/docs/en/about-claude/pricing" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">>price list</a>, per million tokens: Haiku's rate applies to prompts under 100,000 tokens; longer prompts cost five times as much. The top model costs 100 times more than the smallest, and OpenAI's <a href="https://developers.openai.com/api/docs/pricing" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">>own lineup</a> runs the same spread, from $10 to $0.10 per million input tokens. Those per-token prices add up fast for the labs—and you: Anthropic's revenue run rate went from about $9 billion at the end of 2025 to more than <a href="https://simonwillison.net/2026/May/29/anthropic/" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">>$47 billion</a> by May, while OpenAI is fighting a <a href="https://decry

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Flash 2026-10-18 09:07:42 · Bijing Flash

The long-to-short account ratio for BTC contracts was 1.75 as of 08:00 on October 18, 2026.

CoinWorld data: The BTCUSDT 4-hour long/short account ratio is 1.75, with more net long accounts than net short accounts. Compared with the same-caliber snapshot 24 hours ago, it rose by 0.0225; compared with the same-caliber snapshot 7 days ago, it rose by 0.2666.

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Flash 2026-10-18 09:04:21 · Bijing Flash

Goldman Sachs, Wells Fargo, and Morgan Stanley see tokenization as a growth opportunity.

According to Bijie.com, Goldman Sachs, Wells Fargo, and Morgan Stanley said on their third-quarter earnings calls that they view tokenization as a business growth opportunity, but none provided related revenue expectations. Goldman Sachs is studying expanding its use of DTCC tokenization services. Wells Fargo has used tokenized deposits to process cross-border payments, with funds able to reach recipient accounts within two minutes, and is exploring tokenized securities, RWA, and crypto trading services for wealth management clients. Morgan Stanley said tokenization can speed up and simplify asset transfers, but clients still need investment advice.

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Flash 2026-10-18 09:03:01 · Bijing Flash

Chainalysis: The value of tokenized U.S. Treasury holdings is mainly concentrated among overseas investors.

Chainalysis data: Among tokenized U.S. Treasury assets for which holders' geographic locations can be identified, Italy, Portugal, and Singapore account for 29.9%, 18.8%, and 18.2% of holdings by value, respectively, totaling 66.9%, while the United States accounts for only 10.5%, ranking fourth. Japan has the largest share of holders by number at 16.4%, ranking first among all countries, but its holdings account for only 0.4% by value. The report notes that in the year ending July 1, 2026, the scale of tokenized U.S. Treasuries grew 125%, rising from $6.86 billion to $15.42 billion. Chainalysis believes that tokenization lowers the minimum investment threshold and allows some overseas investors to gain exposure to U.S. Treasuries without opening a U.S. securities brokerage account, thereby expanding overseas investment channels for U.S. Treasuries.

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Flash 2026-10-18 09:02:09 · Bijing Flash

RNTZ(Rantizo Class A Ordinary Shares)停牌,原因待定

CoinWorld news: RNTZ (Rantizo Class A Ordinary Shares) entered a trading halt at 22:56:09 on October 17, 2026 (Eastern Time), with the official reason being pending news release.

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Flash 2026-10-18 09:02:02 · Bijing Flash

RUBI (Rub Early Issuance Inc.) trading halted, reason pending announcement.

According to a CoinWorld report, NYSE data shows that RUBI (Rub Early Issue Inc. Common Stock) entered a trading halt at 22:56:09 on October 17, 2026 (Eastern Time), with the official reason being pending news.

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Flash 2026-10-18 09:01:27 · Bijing Flash

CMND trading is suspended; official reason: pending announcement.

CoinWorld news: CMND (Clearmind Medicine Inc. Common Shares) entered a trading halt at 22:56:08 on October 17, 2026 (Eastern Time), with the official reason being pending news release.

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Flash 2026-10-18 09:01:21 · Bijing Flash

DRK(DarkHorse Technologies Inc.)停牌,原因待定

CoinWorld news: DRK (DarkHorse Technologies Inc.) entered a trading halt at 22:56:08 on October 17, 2026 (Eastern Time), with the official reason listed as pending news.

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Flash 2026-10-18 09:00:48 · Bijing Flash

EOCN(Eocene Ltd.)停牌,原因待公布

币界网消息,EOCN(Eocene Ltd. Ordinary Shares)于2026年10月17日22:56:08(美东时间)进入停牌状态,官方原因为“News Pending”。

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Flash 2026-10-18 09:00:42 · Bijing Flash

ESYN(EnerSyn Global Inc.)停牌,原因待公布

CoinWorld news: ESYN (EnerSyn Global Inc.) entered a trading halt at 22:56:08 on October 17, 2026 (Eastern Time), with the official reason being pending news.

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⚠️ Information is for reference only. Data from public sources, may have delays.