Token Relay Market: Inside the Reseller and Fraud Ecosystem
Source: https://vectoral.com/blog/token-relay-market
Author: Matt Lenhard
Date: 2026-06-28
Summary (Chinese)
模型 token 转售市场的结构化拆解：上游卡商/号商、中游账号池、下游中转站和终端买家。$3,333 Anthropic credit 只卖 425 RMB、最高 97.8% 折扣、前十中转站合计 360 万月访问。资产不只是模型实验室账号，还包含从 Kiro、antigravity 等消费者产品逆向获取的访问。四层生态：卡商提供虚拟信用卡和批量账号，账号池聚合管理，中转站包装定价，终端是开发者和初创。
Summary (English)
Structured breakdown of the model token resale market: upstream card/account merchants, midstream account pools, downstream relays, and end users. $3,333 Anthropic credit sold for 425 RMB, top discount 97.8%, top 10 relays total 3.6M monthly visits. Inventory includes reverse-engineered access to consumer products like Kiro and antigravity, not just lab API accounts.
One-liner
$3,333 Anthropic credit 只卖 425 RMB，前十中转站 360 万月访问
*Imported from Obsidian digest notes on 2026-08-01. Content grounded in fetched source metadata via opencli.*