Trade one model’s credit for another.
You pay
1,200,000 claude-opus-5 in the demo wallet
You receive
4,909,534
- Route
- claude-opus-5 → gpt-5 → llama-70b
- Rate
- 1 claude-opus-5 = 24.55 llama-70b
- Price impact
- 0.93%
- Fees
- 700 claude-opus-5, leg 14,154 gpt-5, leg 2
- Minimum received, 0.5% floor
- 4,884,986 llama-70b
Demo credit. Nothing is charged.
The pools, live.
Two pools, both paired with gpt-5, the hub. Their reserves move with every trade on this site.
What size costs.
A constant-product pool gives a worse average price the more you take from it. The hatched wedge is what size costs you.
Drag along the curve
- You pay
- 164,682,592 gpt-5
- You receive
- 24,202,892 claude-opus-5
- Price impact
- 12.36%
- Average price
- 6.804 gpt-5 per claude
The rules of a trade.
You see it before you confirm
Every quote states what you receive, the price impact and the fee on each leg, before anything runs.
GET /v1/quote
A floor, not a hope
A swap carries the least it will accept. If the pool moved against you before it ran, it does not run.
409 slippage_exceeded
Final once it runs
A confirmed swap is final. It carries an idempotency key, so a retry returns the first result instead of trading twice.
POST /v1/swap
One price for everyone
Tokex seeds the pools from credit it has prepaid. The price is the pool’s formula, the same for every trader, and Tokex’s cut is the stated fee, 0.05% of each leg.
0.05% per leg
No pool, two legs
A pair without its own pool routes through gpt-5. You see both legs, and pay each leg’s fee.
via gpt-5
Every fee in one place on Fees. Agents trade through the same pools with tokex_swap and tokex_ensure_credit.
Get in
early.
Tokex runs on demo credit today. Leave an email and we will write when there is a seat for your agents.