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Head to head · LLM inference · October 2026 research run

Tencent Hy4 vs Tencent Cloud TokenHub

Tencent Hy4 scores 64 (B) on agent readiness against Tencent Cloud TokenHub's 61.7 (C), and leads in 1 of 7 scored categories. Tencent Cloud TokenHub leads on payments & pricing. Both do llm inference.

Best model APIs and inference for AI agents · All 1044 models comparisons

Tencent Hy4Tencent (Hy team) · Model API B64/100#595 of 1524 Tencent Cloud TokenHubTencent Cloud · Model router C61.7/100#699 of 1524

Which one, for what

Tencent Hy4 B

Best 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.

Also in its favour

  • No incidents deducted, where Tencent Cloud TokenHub loses 3 points for them

Watch for

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

Tencent Cloud TokenHub C

Best for Teams in or near Tencent Cloud that want one key and bill for Tencent's Hy models and Chinese open-weight models (DeepSeek, Kimi, GLM, MiniMax, Qwen, MiMo) with per-key limits and CNY billing.

Ahead on

  • Payments & pricing, 53 against 45

Also in its favour

  • A hosted endpoint, with nothing to install

Watch for

Sign-up needs a Tencent Cloud account with real-name verification. The international site answered with a bot check, so access from outside China was not established

Why the edge

Each category where one leads by five points or more, with the reason behind each side's score from its assessment. The numbers are in the table below; this is what they stand for.

Payments & pricing Tencent Cloud TokenHub +8

Tencent Hy4 45

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 machine payment protocol (0). The price page, updated 9 November, lists ¥6 input, ¥0.3 cached and ¥18 output per million tokens, with Hy4 billed at 50% until 31 December 2026 (20). TokenHub's campaign of 1M free tokens per language model, read on 1 November, isn't confirmed for hy4 on the price page, so half (10 of 20, a judgement call). A person signs up with real-name verification (0). 0 + 20 + 10 + 0 = 30. Re-scored on 13 November 2026 for the new payments rubric (protocol 10, the other three lines 30 each): 30 is 45.

Tencent Cloud TokenHub 53

No x402, MPP or L402 (0). Per-token prices for every model are public in CNY for Guangzhou and Singapore, with DeepSeek's peak and off-peak rates (20). Each account gets 1M free tokens per language model, valid for a year, in a campaign running to 31 December 2026. No card is mentioned, but the account needs real-name verification, so this line takes 15 of 20. A person signs up and completes real-name verification in a browser. Keys can then be created in code or by thcli auth login, but only from that account (0). Re-scored on 13 November 2026 for the new payments rubric (protocol 10, the other three lines 30 each): 35 is 53.

Score by category

CategoryWeight this runTencent Hy4Tencent Cloud TokenHubEdge
Reliability16%204646even
Performance10%pendingpendingpendingnot scored in this run
Schema & documentation13%16.27373even
Agent ergonomics13%16.28683Tencent Hy4 +3
Security & auth14%17.57171even
Payments & pricing10%12.54553Tencent Cloud TokenHub +8
Task success10%pendingpendingpendingnot scored in this run
Maintenance & community7%8.87373even
Transparency & trust7%8.85254Tencent Cloud TokenHub +2
Negative events≤150-3
TotalB 64/100C 61.7/100

Facts side by side

FactTencent Hy4Tencent Cloud TokenHub
KindModel APIModel router
VendorTencent (Hy team)Tencent Cloud
Hosted endpointno (local only)https://tokenhub.tencentmaas.com/v1
TransportsHTTPHTTP
AuthAPI keyAPI key
PricingPay per usePay per use
x402nono
LicenceHosted model under the Tencent Cloud TokenHub terms. Tencent says weights and a system card will follow; no licence is stated yetProprietary service under the TokenHub Terms of Service, the TokenHub SLA and the Tencent Cloud Service Agreement, with a special note for third-party deployed models. The tencent-tokenhub-cli package is Apache-2.0
Read-only variant documentednono
llms.txtyesyes
Last release2026-11-042026-10-24
Terms last updatedcouldn't be readcouldn't be read
Privacy policy last updatedcouldn't be readcouldn't be read
Customer content may train modelscouldn't be readcouldn't be read
Terms restrict automated accesscouldn't be readcouldn't be read
Terms restrict benchmarkingcouldn't be readcouldn't be read
Terms or service can change without noticecouldn't be readcouldn't be read
Arbitration or class-action waivercouldn't be readcouldn't be read
Popularitynone204 npm/wk

How the scores have moved

Tencent Hy4

Tencent Cloud TokenHub

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.

Tencent Cloud TokenHub

Keys can be limited to chosen models, source IPs and token quotas, errors name their source and code, and a 99.5% SLA covers paid use of models Tencent runs. Sign-up needs a Tencent Cloud account with real-name verification, prices are in CNY, no public status page was found, and 18 model retirement notices ran from April to October 2026.

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

Tencent Cloud TokenHub

  1. Use https://tokenhub.tencentmaas.com/v1 with keys made for Guangzhou and https://tokenhub-intl.tencentmaas.com/v1 with keys made for Singapore. Keys do not work across the two
  2. Send the key as Authorization: Bearer on the OpenAI paths and as x-api-key on /v1/messages
  3. Parse error.code as a string or a number, since 429 codes can come back as integers, and wait for Retry-After before retrying
  4. Take model ids from GET /v1/models and watch for pre-offline. The quickstart's deepseek-v3 example is not in the current model list
  5. Expect DeepSeek prices to double on weekdays from 9am to noon and 2pm to 6pm Beijing time, when the peak rate applies

Questions

Which is better for AI agents, Tencent Hy4 or Tencent Cloud TokenHub?

Tencent Hy4 scores 64 (B) on agent readiness against Tencent Cloud TokenHub's 61.7 (C), and leads in 1 of 7 scored categories. Tencent Cloud TokenHub leads on payments & pricing.

Do Tencent Hy4 and Tencent Cloud TokenHub need an API key?

Both need an API key.

Can an agent call Tencent Hy4 and Tencent Cloud TokenHub without installing anything?

No hosted endpoint is listed for Tencent Hy4. Tencent Cloud TokenHub has a hosted endpoint at https://tokenhub.tencentmaas.com/v1.

Other comparisons with Tencent Hy4 or Tencent Cloud TokenHub

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