Strong weekly token volumes on OpenRouter, recently exceeding 180T per week amid 30x year-over-year growth, underpin the 84% market-implied odds for 775T+ tokens from October 26 to November 22. Cost-effective Chinese Flash models such as DeepSeek V4.1 variants have driven the bulk of volume through agentic workloads and high cache rates, while new Anthropic 5.5-series releases lifted that provider’s traffic 3.6x. Sustained demand for lower-priced inference, combined with expanding developer and agent usage, supports the trader consensus that current run rates will hold or accelerate over the remaining period, though any sharp pullback in agent activity or provider pricing shifts could narrow the outcome.