Baidu Launches Large Model Trading Platform Token Exchange, Daily Calls Exceed 50 Million

On November 12, Baidu launched the large model trading platform Token Exchange at the opening ceremony of Baidu World 2026. Li Yanhong stated that Token Exchange aims to gather high-quality models and model providers, making it easier for businesses and individuals to find, purchase, and use reliable model tokens. The platform focuses on 'verification' and 'credit', using technologies such as model fingerprint comparison, capability testing, and performance and usability testing for resource verification. It also establishes a credit rating for model providers through regular sampling and real-time monitoring of calls across the entire chain. Token Exchange offers neutral, trustworthy, and transparent model trading services. Since its launch a month ago, Token Exchange has onboarded over 100 supply resources, with daily call counts exceeding 50 million and daily token calls surpassing 700 billion.

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