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GLM 4.5

Z.ai · released July 2025

GLM 4.5 is a Z.ai model with a 131K token context window — about 190 pages of text. It reads Text and replies in Text. It can show its reasoning before it answers.

$0.690

input / 1M tokens

$2.53

output / 1M tokens

131K

context — about 190 pages

0.55¢

a client proposal

Pricing

Input
$0.690 per million tokens
Output
$2.53 per million tokens
Cached input
$0.127 per million tokens

Billed from your Alyph wallet. Prices can change when the provider changes theirs — last checked August 9, 2026.

The numbers

Provider
Z.ai
Released
July 2025 (2025-07-25)
Context window
131K tokens — about 190 pages
Max output
98K tokens per reply
Input
Text
Output
Text
Reasoning
Shows its thinking before answering
Knowledge cutoff
2024-12-31

Cost vs Token Amount

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80% Input20% Output
free$0.53$1.060 tokens250k500k750k1000k
GLM 4.5

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What a task costs

2K tokens in · 500 tokens out.

GLM 4.5

Z.ai

0.26¢

for this task

52% input · 48% output

Full pricing →

Your $5 welcome credit covers about 1,890 of these.

Compare GLM 4.5

Closest in price on a typical task:

GLM 4.5 vs Virtuoso Large →GLM 4.5 vs Kimi K2 0711 →GLM 4.5 vs Kimi K2.6 →GLM 4.5 vs R1 Distill Llama 70B →Any other combination →

Questions, answered

How much does GLM 4.5 cost on Alyph?

GLM 4.5 costs $0.690 per million input tokens and $2.53 per million output tokens on Alyph. A typical task — 5K tokens in, 800 out — works out to about 0.55¢. Billed from your Alyph wallet, with hard spending limits. Prices can change when the provider changes theirs; this page was last checked on August 9, 2026.

What is GLM 4.5's context window?

131K tokens — about 190 pages. Replies can be up to 98K tokens long.

Can GLM 4.5 read images and files?

GLM 4.5 is text-only. The canvas still serializes uploads into plain text, so you can work with files — but it cannot see images.

Does GLM 4.5 show its reasoning?

Yes. GLM 4.5 can expose its thinking before the final answer, so you can watch how it got there.

Test GLM 4.5 against Virtuoso Large

One prompt, both models at the same time, the better answer wins. Free to start, with $5 of credit.

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