# Tencent Hy4 vs Simplismart

> Tencent Hy4 scores 64 (B) to Simplismart's 36.4 (F) for llm inference. Prices, MCP, x402, uptime and agent notes side by side.

- Canonical: https://www.anchorterminal.com/compare/hy4-vs-simplismart
- Markdown: https://www.anchorterminal.com/compare/hy4-vs-simplismart.md (~7,250 tokens)
- Site index for agents: https://www.anchorterminal.com/llms.txt (the key docs and every listing in one file, at most 16 MB, about 4 million tokens: https://www.anchorterminal.com/llms-full.txt)
- API: https://www.anchorterminal.com/api/v1/index.json
- MCP: https://www.anchorterminal.com/mcp (the whole catalogue as tools, no key)
- DNS: dig +short TXT <slug>.grade.anchorterminal.com (the grade as a DNS TXT record, for a sandbox with no HTTP where names still resolve; also top., best.<category>. and <a>.vs.<b>. under the zone, and the same under grade.letme.dev)
- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)
- Updated: 2026-11-13

Tencent Hy4 scores 64 (B) on agent readiness against Simplismart's 36.4 (F), and leads in every scored category. Both do llm inference.

- Tencent Hy4: grade B, 64/100, rank #595 of 1524. Markdown https://www.anchorterminal.com/tools/hy4.md · JSON https://www.anchorterminal.com/api/v1/tools/hy4.json
- Simplismart: grade F, 36.4/100, rank #1393 of 1524. Markdown https://www.anchorterminal.com/tools/simplismart.md · JSON https://www.anchorterminal.com/api/v1/tools/simplismart.json
- Best model APIs and inference for AI agents: https://www.anchorterminal.com/best/inference/index.md
- All 1044 models comparisons: https://www.anchorterminal.com/compare/inference/index.md

## Which one, for what

### Tencent Hy4 (B)

Good for: Long-context agent work, coding and office or finance tasks on a 1M-token context with images, for teams already on Tencent Cloud or happy to verify an account there.

Ahead on:
- Reliability, 46 against 15
- Schema & documentation, 73 against 51
- Agent ergonomics, 86 against 45
- Security & auth, 71 against 40
- Payments & pricing, 45 against 38
- Maintenance & community, 73 against 40
- Transparency & trust, 52 against 29

Watch for: Weights, licence and system card are promised but not published; tencent/Hy4 didn't answer on Hugging Face on 11 November

### Simplismart (F)

Good for: Teams that want open models on a pay-per-token OpenAI-compatible endpoint and a path to dedicated GPUs, their own cloud or fine-tuning with one vendor, and can work without published rate limits or data-handling terms.

Also in its favour:
- A hosted endpoint, with nothing to install

Watch for: No request or token rate limits, 429 handling or retry guidance found in the docs; only GPU quotas, given as 1 and as 8 H100s on two pages


## Why the edge

### Agent ergonomics: Tencent Hy4 +41

- Tencent Hy4 (86): Model reading for hy4 on Tencent Cloud TokenHub. Platform facts are the tencent-tokenhub listing's (checked 1 November), carried over as RULES.md allows for a model on an already graded platform. Function calling is marked for hy4 in the model list (18 of 20). Structured output marked (13 of 15). Cache-hit price published, ¥0.3 against ¥6 input (14 of 15). 1M-token context with 960K input and 64K output (15). Batch at half price covered Hy3 and Hy4 preview on 1 November; whether it covers hy4 wasn't re-read (3 of 10). OpenAI and Anthropic SDKs with a changed base URL, plus Tencent Cloud's SDK and CLI for the control plane (8 of 10). Errors with code, messages, upstream status and request ID (15 of 15). 18 + 13 + 14 + 15 + 3 + 8 + 15 = 86.
- Simplismart (45): Read by the HTTP API checklist, as listed (`http-api`) and as fireworks-inference, together-inference and cerebras-inference are; the 28 October model reading is withdrawn. Compact OpenAI-style chat request, with `max_tokens` bounded 1 to 4,096 and streaming in the OpenAPI files (25). Output size set by `max_tokens`, with streaming; no structured output, tools or batch documented (20). Errors are bare 400, 401 and 500 descriptions in the OpenAPI files, a documented 401 after key expiry and an SDK example of a 404 payload, with no error codes or bodies for the inference API. That partly meets a fixed 20 line graded here for the first time, with no earlier partial on it to keep, so it scores 0, as a new in-between value isn't set on a fixed line (weatherbit, withhuman) (0 of 20). No retry, 429 or deduplication guidance found (0 of 20). Two required parameters (model, messages) and the OpenAI client for inference; the official simplismart-sdk is Python only and manages deployments, not inference. One SDK language doesn't meet the fixed 15 line, and with no earlier partial on it the line is 0 (0 of 15). Readings per the 28 October check, not re-read on 11 November since simplismart.ai hosts are paused on the terms' ban on robots and automatic access. 25+20+0+0+0 = 45.

### Maintenance & community: Tencent Hy4 +33

- Tencent Hy4 (73): Model reading for hy4 on Tencent Cloud TokenHub. Platform facts are the tencent-tokenhub listing's (checked 1 November), carried over as RULES.md allows for a model on an already graded platform. Added on 4 November 2026 per the release notes; the model list and price page were updated on 9 November (30). Retirement notices of 21 to 33 days, no minimum written (7 of 12). Heavy retirement churn on the platform (3 of 8). Dated release notes and announcements, round-the-clock support (13 of 15). CLI replies not sampled (3 of 10). Control-plane SDKs and CLI, no inference SDK of its own (12 of 15). CLI runtime stated, CI not checked (5 of 10). 30 + 7 + 3 + 13 + 3 + 12 + 5 = 73. The model is a week old, so these lines are TokenHub's habits more than Hy4's record.
- Simplismart (40): Read by the HTTP API checklist, as listed (`http-api`) and as fireworks-inference, together-inference and cerebras-inference are; the 28 October model reading is withdrawn. Muse Spark Open was added to the shared endpoints in beta on 19 October 2026, 23 days before this check (30). A docs sitemap date isn't a product change and no longer counts. One dated model addition in the 90 days to 11 November, and the community pipecat-simplismart package by the simpli-smart account has had no release since 0.1.0 on 5 May 2026 (clone), so fewer than three dated entries (0). No public changelog or community channel. Support is support@simplismart.ai and a contact form, not tested (4 of 15). simplismart-sdk for Python, documented with a CLI, and the OpenAI client for inference. No TypeScript SDK, and the version and date on PyPI are unchecked (pypi.org didn't resolve on 11 November) (6 of 15, an in-between value held). Package health and CI not checked (0). Readings per the 28 October check, not re-read on 11 November since simplismart.ai hosts are paused on the terms' ban on robots and automatic access. 30+0+4+6+0 = 40.

### Reliability: Tencent Hy4 +31

- Tencent Hy4 (46): Model reading for hy4 on Tencent Cloud TokenHub. Platform facts are the tencent-tokenhub listing's (checked 1 November), carried over as RULES.md allows for a model on an already graded platform. No public status page (0) and so no incident record to read (5 of 30). Per-model rate limits only in the console and DescribeModelQuota (8 of 15). Six 429 codes, Retry-After and backoff advice (13 of 15). The TokenHub SLA promises 99.5% a month, and Hy4 is Tencent's own model, so the third-party exclusion doesn't apply (10). Released as hy4 on 4 November, a separate id from hy4-preview, with no preview label (10). 0 + 5 + 8 + 13 + 10 + 10 = 46.
- Simplismart (15): Hosted reading, as listed (`http-api`). No status page found. The docs and site link none, a search found none, and status.simplismart.ai could not be reached from our network (0). No readable incident history (5). No request or token rate limits are published for shared endpoints. The docs give GPU quotas for training, compilation and private deployments only, 1 H100 and 1 L40 on the Quotas page and 8 of each on the Organisation page (0). No 429 response, Retry-After header or retry guidance found; the OpenAPI files list only 400, 401 and 500 (0). No SLA document found. The homepage claims 99.99% uptime and a Simplismart post calls its autoscaling SLA-backed, but no terms state a commitment, and the terms supply the service as is (0). Shared endpoints carry no beta label, while Muse Spark Open is in beta (10). Readings per the 28 October check, not re-read on 11 November since simplismart.ai hosts are paused on the terms' ban on robots and automatic access. 0+5+0+0+0+10 = 15.

### Security & auth: Tencent Hy4 +31

- Tencent Hy4 (71): Model reading for hy4 on Tencent Cloud TokenHub. Platform facts are the tencent-tokenhub listing's (checked 1 November), carried over as RULES.md allows for a model on an already graded platform. Bearer keys limited by model, service, IP range and token quota, long-lived with no rotation (26 of 30). The terms say inputs aren't used to train Tencent Cloud's own models, and Hy4 is first party, so no third party's terms apply (14 of 20). Retention only as long as the service needs, no periods (7 of 15). Per-call audit logs and optional full logs to the customer's CLS (14 of 15). No security.txt; Tencent's TSRC bounty covers Tencent Cloud; no certification checked (10 of 20). 26 + 14 + 7 + 14 + 10 = 71.
- Simplismart (40): Read by the HTTP API checklist, as listed (`http-api`) and as fireworks-inference, together-inference and cerebras-inference are; the 28 October model reading is withdrawn. Named Bearer keys with an expiry chosen at creation, a 401 after expiry and immediate deletion. No scopes or per-key limits found, keys belong to the organisation, and the SDK uses a separate Playground token (20 of 30). Organisation roles (Admin, Member, Billing User) and workspaces that scope models and deployments limit people, but keys are organisation-wide with no read-only or inference-only permission (5 of 20). No inference prompt-injection mitigation or guidance found (0 of 15). The Usage page shows request counts and a per-request timeline per model, and an LLM metrics call returns token counts and timings per request id. A Simplismart article claims exportable audit trails, not documented (8 of 15). The homepage shows GDPR, ISO 27001 v2022 and AICPA SOC 2 badges, and a Simplismart article says it holds a SOC 2 Type 2 report, available on request. No trust centre was reachable, security.txt answered 404, and no disclosure policy or bug bounty was found (7 of 20). No statement on training on API data or prompt retention was found, recorded for reviewers and not scored on this checklist. Readings per the 28 October check, not re-read on 11 November since simplismart.ai hosts are paused on the terms' ban on robots and automatic access. 20+5+0+8+7 = 40.

### Transparency & trust: Tencent Hy4 +23

- Tencent Hy4 (52): Model reading for hy4 on Tencent Cloud TokenHub. Platform facts are the tencent-tokenhub listing's (checked 1 November), carried over as RULES.md allows for a model on an already graded platform. Closed service under the TokenHub terms, but Tencent's release headline calls Hy4 open source while the weights and system card are only promised 'in the coming days', with no licence stated, and tencent/Hy4 didn't answer on Hugging Face on 11 November (14 of 30). Terms and FAQ agree inputs aren't used for training; the privacy policy renders only with JavaScript and wasn't read (15 of 30). Dated retirement notices and shutdown fields (13 of 20). Processing generally in mainland China for the China site, Singapore for the international one (13 of 20). Every benchmark in the release is Tencent's own or a partner's. 14 + 15 + 13 + 13 = 55.
- Simplismart (29): Closed service. The terms, last updated 13 January 2023, name Verute Technologies Private Limited and Indian law but define the Service as the website, grant Simplismart a licence to use and redistribute posted Content, bar robots and automatic access, and rule out refunds. No API or platform terms were found (8 of 30). The privacy policy, effective 13 January 2023, is a website policy that says personal data is processed in India. It says nothing about prompts, outputs, logs or training, and no DPA, retention period or subprocessor list was found. A Simplismart article claims GDPR and HIPAA support (3 of 30). No deprecation policy or dated removals (0 of 20). Data goes to India per the privacy policy, and an article says workloads are kept in approved regions by scheduling policy. No subprocessor or hosting-provider list (3 of 20). Terms re-read on 11 November, unchanged; the privacy policy is per the 28 October check, not re-read on 11 November since simplismart.ai hosts are paused on the terms' ban on robots and automatic access. 8+3+0+3 = 14.

### Schema & documentation: Tencent Hy4 +22

- Tencent Hy4 (73): Model reading for hy4 on Tencent Cloud TokenHub. Platform facts are the tencent-tokenhub listing's (checked 1 November), carried over as RULES.md allows for a model on an already graded platform. No OpenAPI file for inference; field pages for the OpenAI and Anthropic formats as TokenHub implements them (12 of 25). llms.txt with Markdown copies (10). The model list, updated 9 November, gives hy4's context, input and output limits and marks thinking, structured output, function calling, caching and image understanding; computer use, which Tencent's release names, isn't marked (13 of 20). Typed field pages (10 of 15). Examples in five languages and an error page of 30 codes (14 of 15). Dated release notes, with hy4 added on 4 November (14 of 15). 12 + 10 + 13 + 10 + 14 + 14 = 73.
- Simplismart (51): Read by the HTTP API checklist, on the same lines as before. OpenAPI 3.1 files for seven LLMs and 3.0 or 3.1 files for Whisper, Flux, an LLM metrics call and training jobs. They cover a handful of the 150+ models, omit tools and response_format, show a streaming `delta` as the non-streaming response, and several name hosts on s9t.link instead of api.simplismart.live. The Llama 4 Maverick file gives `llama3_1` as its only model id, and /api-reference/openapi.json is the Flux spec (12 of 25). llms.txt and a Markdown copy of each docs page (10). The docs say when to use shared or dedicated endpoints; model pages carry one-line descriptions (10 of 20). Roles are enums, temperature is bounded 0 to 2, max_tokens 1 to 4096, and messages and model are required (10 of 15). curl and OpenAI-client Python examples. Errors are bare 400, 401 and 500 descriptions, plus an SDK example of a 404 payload (7 of 15). No changelog. Every spec reads version 1.0.0 (2 of 15). The contract 12 and versioning 2 are in-between values on fixed lines, held. Readings per the 28 October check, not re-read on 11 November since simplismart.ai hosts are paused on the terms' ban on robots and automatic access. 12+10+10+10+7+2 = 51.

## Score by category

| Category | Weight | Tencent Hy4 | Simplismart | Edge |
| --- | --- | --- | --- | --- |
| Reliability | 16% (20 this run) | 46 | 15 | Tencent Hy4 +31 |
| Performance | 10%, pending | pending | pending | not scored in this run |
| Schema & documentation | 13% (16.2 this run) | 73 | 51 | Tencent Hy4 +22 |
| Agent ergonomics | 13% (16.2 this run) | 86 | 45 | Tencent Hy4 +41 |
| Security & auth | 14% (17.5 this run) | 71 | 40 | Tencent Hy4 +31 |
| Payments & pricing | 10% (12.5 this run) | 45 | 38 | Tencent Hy4 +7 |
| Task success | 10%, pending | pending | pending | not scored in this run |
| Maintenance & community | 7% (8.8 this run) | 73 | 40 | Tencent Hy4 +33 |
| Transparency & trust | 7% (8.8 this run) | 52 | 29 | Tencent Hy4 +23 |
| Negative events | ≤15 | 0 | 0 | |
| **Total** | | **64 · B** | **36.4 · F** | |

## Facts side by side

| Fact | Tencent Hy4 | Simplismart |
| --- | --- | --- |
| Kind | Model API | HTTP API |
| Vendor | Tencent (Hy team) | Verute Technologies Private Limited |
| Hosted endpoint | no (local only) | `https://api.simplismart.live` |
| Transports | HTTP | HTTP |
| Auth | API key | API key |
| Pricing | Pay per use | Pay per use |
| x402 | no | no |
| Licence | Hosted model under the Tencent Cloud TokenHub terms. Tencent says weights and a system card will follow; no licence is stated yet | Proprietary hosted service. The community Pipecat integration (pipecat-simplismart, by the simpli-smart GitHub account) is BSD-2-Clause; served models keep their own licences. |
| Read-only variant documented | no | no |
| llms.txt | yes | yes |
| Last release | 2026-11-04 | 2026-10-19 |
| Terms last updated | couldn't be read | 2023-01-13 |
| Privacy policy last updated | couldn't be read | 2023-01-13 |
| Customer content may train models | couldn't be read | not found in the text |
| Terms restrict automated access | couldn't be read | yes |
| Terms restrict benchmarking | couldn't be read | not found in the text |
| Terms or service can change without notice | couldn't be read | yes |
| Arbitration or class-action waiver | couldn't be read | yes |

## How the scores have moved

### Tencent Hy4

- +1.8 on 13 November 2026: checklist

### Simplismart

- +1.6 on 13 November 2026: checklist
- +5.3 on 11 November 2026: correction
- -0.2 on 30 October 2026: checklist

## Verdicts

**Tencent Hy4.** Tencent's flagship model is on TokenHub as hy4, with a 1M-token context, image understanding, function calling and caching, at ¥6 input and ¥18 output per million tokens, half price until the end of 2026. The weights it is called open source for aren't published yet, and every benchmark is Tencent's own.

**Simplismart.** Simplismart exposes open models through an OpenAI-compatible endpoint with public per-token prices and expiring, revocable keys. Its public docs give no request rate limits, status page, retry guidance, tool-calling or structured-output reference, and its terms and privacy policy cover the website, not API data.

## Before you call either

### Tencent Hy4

1. Use model id hy4 on TokenHub's OpenAI- or Anthropic-compatible endpoints; hy4-preview is a separate, older model
2. Keep input under 960K tokens and expect at most 64K output
3. Reuse prompt prefixes: cached input is ¥0.3 against ¥6
4. Check the price page for the end of the 50% discount on 31 December 2026 before budgeting
5. Read rate limits from the console or DescribeModelQuota; the public docs don't give them for chat models

### Simplismart

1. Point an OpenAI-compatible client at https://api.simplismart.live with SIMPLISMART_API_KEY as a Bearer token, and take model ids from the marketplace or the per-model API pages.
2. Set a key expiry and rotate before midnight UTC on the expiry date, because an expired key returns 401.
3. Cap retries yourself with exponential backoff, because no rate limits, 429 format or retry guidance are published.
4. Check that a model supports tools or JSON output with a test call before relying on it, because neither is documented.
5. Confirm the per-token price of the exact model in the console before running large jobs, because the public price list is incomplete.

## Questions

### Which is better for AI agents, Tencent Hy4 or Simplismart?

Tencent Hy4 scores 64 (B) on agent readiness against Simplismart's 36.4 (F), and leads in every scored category.

### Do Tencent Hy4 and Simplismart need an API key?

Both need an API key.

### Can an agent call Tencent Hy4 and Simplismart without installing anything?

No hosted endpoint is listed for Tencent Hy4. Simplismart has a hosted endpoint at https://api.simplismart.live.


## For agents

- This comparison as JSON: https://www.anchorterminal.com/compare/hy4-vs-simplismart.json, and with the fewest tokens: https://www.anchorterminal.com/compare/hy4-vs-simplismart.min.md
- Over MCP at https://www.anchorterminal.com/mcp (no key): `compare_tools {"a": "hy4", "b": "simplismart"}`. From a terminal: `anchor compare hy4 simplismart`
- Each listing in full: https://www.anchorterminal.com/api/v1/tools/hy4.json and https://www.anchorterminal.com/api/v1/tools/simplismart.json

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- [Meta Model API vs Simplismart](https://www.anchorterminal.com/compare/meta-model-api-vs-simplismart.md)
- [MiniMax API vs Simplismart](https://www.anchorterminal.com/compare/minimax-api-vs-simplismart.md)
- [Mistral AI API vs Simplismart](https://www.anchorterminal.com/compare/mistral-api-vs-simplismart.md)
- [Muse Ember vs Simplismart](https://www.anchorterminal.com/compare/muse-ember-vs-simplismart.md)
- [Muse Spark Open vs Simplismart](https://www.anchorterminal.com/compare/muse-spark-open-vs-simplismart.md)
- [Novita AI vs Simplismart](https://www.anchorterminal.com/compare/novita-ai-vs-simplismart.md)
- [OpenAI API vs Simplismart](https://www.anchorterminal.com/compare/openai-api-vs-simplismart.md)
- [OpenRouter vs Simplismart](https://www.anchorterminal.com/compare/openrouter-vs-simplismart.md)
- [Prism Inference vs Simplismart](https://www.anchorterminal.com/compare/prism-inference-vs-simplismart.md)
- [Router.com (Ramp Router) vs Simplismart](https://www.anchorterminal.com/compare/ramp-router-vs-simplismart.md)
- [Beam 1.0 vs Simplismart](https://www.anchorterminal.com/compare/reflection-beam-vs-simplismart.md)
- [RouterPlus vs Simplismart](https://www.anchorterminal.com/compare/routerplus-vs-simplismart.md)
- [SambaCloud vs Simplismart](https://www.anchorterminal.com/compare/sambanova-vs-simplismart.md)
- [SiliconFlow vs Simplismart](https://www.anchorterminal.com/compare/siliconflow-vs-simplismart.md)
- [Simplismart vs StepFun API](https://www.anchorterminal.com/compare/simplismart-vs-stepfun-api.md)
- [Simplismart vs SWE-2 Flash](https://www.anchorterminal.com/compare/simplismart-vs-swe-2-flash.md)
- [Simplismart vs Tencent Cloud TokenHub](https://www.anchorterminal.com/compare/simplismart-vs-tencent-tokenhub.md)
- [Simplismart vs Together AI Inference](https://www.anchorterminal.com/compare/simplismart-vs-together-inference.md)
- [Simplismart vs Vercel AI Gateway](https://www.anchorterminal.com/compare/simplismart-vs-vercel-ai-gateway.md)
- [Simplismart vs Vertex AI (Gemini Enterprise Agent Platform)](https://www.anchorterminal.com/compare/simplismart-vs-vertex-ai.md)
- [Simplismart vs xAI API (Grok)](https://www.anchorterminal.com/compare/simplismart-vs-xai-api.md)
- [Nemotron 3.5 Super VL vs Simplismart](https://www.anchorterminal.com/compare/nemotron-3-5-super-vl-vs-simplismart.md)

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