百度推出 Token Exchange 模型交易所，上线一月日均调用量超 5000 万

与普通 Token 中转站的核心区别在于平台的可信机制：上架前会核查服务商资质，并比对模型指纹以检测模型替换和虚标参数；上架后定期抽查、持续监控，并为每个服务商维护公开的信用记录。聚合页面展示价格、近 7 天调用量和成功率等数据。

平台上架的模型包括百度自家模型和国内开源模型，覆盖文本、图像和音视频类型。作者翻阅文档后认为，其逻辑仍是聚合站模式，与中转站的本质区别不够明显，后续表现取决于百度的运营能力。

百度创始人李彦宏在百度世界 2026 开幕式上，宣布正式推出「Token Exchange - 词元所 - 模型的交易所」 看了词元所网站，应该就是百度的模型 + 国内开源模型（文本、图像和音视频），其实没看懂，这和普通的「Token 中转站」的具体区别是什么？！ 区别在于「可信」吗？再去翻文档，确实把可信作为主要卖点，包含：真实性、稳定达成、性能容量达成和能力达成。可这是不明着掺水的中转站的基础吧。 cysuo.com/docs/userguide… 再看模型托管方，也是一个聚合站逻辑，展示价格、近 7 天调用和成功率数据等。 看来看去，感觉还是中转站换了一个更高大上的名字而已，没看到有本质区别。接下来可能就看百度的营销能力了，现在不太看好。 Baidu Inc. @Baidu_Inc Introducing Token Exchange, a neutral, transparent and trusted marketplace connecting AI model service providers with customers. It gives customers one place to compare models side by side, review clear pricing and performance data, and start using them. For quality providers, it opens a new channel to reach more customers. Before listing, we check provider credentials and compare model fingerprints to help detect model swapping and inflated specs. After listing, we conduct regular spot checks and ongoing monitoring, and maintain a public credit record for each provider. One month in, the platform has more than 100 model resources, averaging over 50M calls and 700B tokens a day. 🔗 View Quoted Tweet📊 4 ⚡

This report is categorized under AITOP's "Products" desk, focusing on China's AI industry and domestic foundation model ecosystem. Within our cross-regional analytical framework, it directly maps to AI developer toolchains, coding agents, and engineering workflows and US-China foundation model benchmarks and commercialization comparison. Key entities and technical topics under continuous tracking include Baidu, Token Exchange, MCP/工具, 开源模型.

Source attribution: curated from shao__meng (@shao__meng).