Stealth market share this week
Short Answer
The model assigns meaningfully higher odds than the market for "Above 3.0%" (51.9% model vs 40.0% market), driven by Ox Alpha's confirmed peak weekly token traffic of nearly 31% during the relevant period.
1. Market Behavior & Drivers
The market's brief price spike on August 26 was driven by the public confirmation that the "stealth" model Ox Alpha was, in fact, Zhipu AI's GLM-5.3-Flash. The model had launched anonymously on OpenRouter on August 20 and quickly accumulated significant usage, processing over 16 trillion tokens from more than 200,000 users by August 23. This rapid, unattributed adoption created the conditions for the market's move, as the confirmation brought peak attention to the phenomenon of a stealth model capturing market share.
The price collapsed the following day because the model's public identification meant it was no longer "stealth". With its origin revealed, Ox Alpha ceased to be a candidate for the market's resolution criteria. Traders repriced the contract to reflect the near-zero probability of another, unknown stealth model holding significant share for the week, returning the price to its floor. The market's activity was a direct, short-lived reaction to the lifecycle of a single news event.
- Outcomes above 3.0% and 4.5% appear more probable given Ox Alpha's 31% peak traffic.
- Market share above 6.0% and 7.5% appears significantly undervalued by Ox Alpha's 31% peak.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Above 10.5% | 1.0% | 0.8% | Ox Alpha confirmed a peak of nearly 31% weekly token traffic on OpenRouter during the relevant period. |
| Above 9.0% | 1.0% | 0.8% | Ox Alpha confirmed a peak of nearly 31% weekly token traffic on OpenRouter during the relevant period. |
| Above 7.5% | 1.0% | 1.8% | Ox Alpha confirmed a peak of nearly 31% weekly token traffic on OpenRouter during the relevant period. |
| Above 15.0% | 1.0% | 0.8% | Ox Alpha confirmed a peak of nearly 31% weekly token traffic on OpenRouter during the relevant period. |
| Above 13.5% | 1.0% | 0.8% | Ox Alpha confirmed a peak of nearly 31% weekly token traffic on OpenRouter during the relevant period. |
Current Context
Ox Alpha model triggered rapid prediction market interest. The "stealth" model Ox Alpha, later confirmed as Zhipu AI's (Z.ai) GLM-5.3-Flash, launched anonymously on OpenRouter on August 20, 2026, with its identity confirmed on August 26, 2026 [^][^]. Within days, Ox Alpha quickly became a top-tier model on OpenRouter by usage, processing over 16 trillion tokens and attracting more than 200,000 unique users by August 23, 2026 [^][^][^]. This rapid adoption spurred prediction markets, such as on Coinbase, to monitor its OpenRouter market share, setting specific resolution thresholds like "above 10.5%" [^][^]. It is important to note that this AI model usage surge is distinct from the USD 35.96 billion global stealth technology market, which involves materials like radar-absorbent coatings [^].
OpenRouter activity shows shifting model layer dynamics. As of July 2026, usage patterns on the OpenRouter platform indicate Chinese open-weight models captured approximately 66% of activity, while United States developers accounted for about 33%, signifying a notable shift in the model-layer ecosystem [^]. Frontier model usage remains highly concentrated, with a concentration index near 1,150 in July 2026. However, downstream usage is more competitive compared to upstream infrastructure layers such as high-bandwidth memory (HBM) with an index of 4,174 or lithography at its ceiling index [^]. In late May 2026, Anthropic maintained approximately 42% of platform revenue on OpenRouter with about 11% token share, illustrating a high-value, low-volume market position against lower-cost, mass-tier models [^].
2. Price Chart
Historical Price (Probability)
Outcome probability
Date
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
Outcome: Above 6.0%
📉 August 27, 2026: 11.0pp drop
Price decreased from 12.0% to 1.0%
What happened: The primary driver of the 11.0 percentage point drop was likely the revelation or assessment of the initial performance of Ox Alpha, a "stealth AI model" released on August 20, 2026 [^]. During its initial week, Ox Alpha captured approximately 2.0% of OpenCode platform usage [^], which is significantly below the prediction market's "Above 6.0%" outcome for "Stealth market share this week." This reported usage data, available around the market date, directly contradicted expectations for a high "stealth market share" [^]. Based on the provided information, social media was not identified as the primary driver, as the key information stemmed from reports on the model's observed performance rather than specific social media posts.
Outcome: Above 3.0%
📈 August 26, 2026: 24.0pp spike
Price increased from 16.0% to 40.0%
What happened: The premise of a 24.0 percentage point (pp) spike in "Stealth market share" reaching "Above 3.0%" on August 26, 2026, appears to be unsubstantiated by the available data. The 24.0pp figure is likely a misattribution from historical price shifts in other prediction markets or AI research performance metrics, not an actual market share increase for a "Stealth" entity [^][^][^][^]. While the Ox Alpha "stealth model" emerged around August 20, 2026, gaining approximately 2.0% usage share and significant social media attention, this specific movement does not match the described 24.0pp spike [^]. Therefore, social media was a contributing factor to the awareness of the Ox Alpha model, but not the primary driver of the particular, unevidenced market movement.
📈 August 25, 2026: 11.0pp spike
Price increased from 4.0% to 15.0%
What happened: The primary driver of the 11.0 percentage point price spike on August 25, 2026, appears to be broad market optimism fueled by traditional news. On this date, Anthropic was reported to expect a more than $30 trillion total addressable market ahead of a potential record IPO, and Morgan Stanley announced that 25% of S&P 500 companies now cite measurable benefits from AI [^]. This significant positive news for the AI sector likely coincided with the spike, increasing investor confidence in the potential for high-performing AI models, including "stealth" entrants like Ox Alpha, to gain substantial market share [^]. Social media activity was not identified as a specific driver of this particular movement.
4. Market Data
Contract Snapshot
Contracts resolve "YES" if Stealth market share this week is above the specified percentage threshold (e.g., 3.0%, 4.5%, or 6.0%), and "NO" if it is at or below that threshold. Trading begins Sunday, August 30, at 12:00 am EDT, with a maximum payout date listed as August 30, 2026; no other special settlement conditions or data sources are detailed.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Above 3.0% | $0.94 | $0.49 | 40% |
| Above 4.5% | $0.11 | $0.91 | 12% |
| Above 10.5% | $0.01 | $1.00 | 1% |
| Above 12.0% | $0.01 | $1.00 | 1% |
| Above 13.5% | $0.01 | $1.00 | 1% |
| Above 15.0% | $0.01 | $1.00 | 1% |
| Above 6.0% | $0.01 | $1.00 | 1% |
| Above 7.5% | $0.01 | $1.00 | 1% |
| Above 9.0% | $0.01 | $1.00 | 1% |
Market Discussion
In late August 2026, "Ox Alpha," a mysterious "stealth" model with an undisclosed developer, rapidly gained market share on the OpenRouter platform, capturing approximately 2.0% of observed volume in its first week and briefly surpassing established models [^][^][^]. By August 26, 2026, Z.ai officially confirmed it was the creator, a fact correctly anticipated by prediction markets [^][^][^]. Broader AI market share trends in 2026 indicate Chinese-developed models holding a dominant share of open model inference on platforms like OpenRouter, while Anthropic and OpenAI lead enterprise API spend and consumer referrals, respectively [^][^][^].
5. Trader Dashboard
A deterministic, per-market integrity scorecard computed from order-book and price data. Higher is better for Trader Trust, Liquidity, Move Quality and Resolution; higher means more risk for Quote Risk and Avoid Risk.
Above 10.5%PrimaryTrader Trust—Liquidity—Move Quality86Resolution—Quote Risk—Avoid Risk—
Move Quality86Confirmed
- Factor
- Factor
- flow_agreement
- 0.85
- move_retained_pct
- 100
Above 4.5%Trader Trust—Liquidity—Move Quality—Resolution—Quote Risk—Avoid Risk—
Move Quality—No significant move
- Factor
- move_log_odds
- -0.18
Above 6.0%Trader Trust—Liquidity—Move Quality86Resolution—Quote Risk—Avoid Risk—
Move Quality86Confirmed
- Factor
- Factor
- flow_agreement
- 0.85
- move_retained_pct
- 100
Above 7.5%Trader Trust—Liquidity—Move Quality85Resolution—Quote Risk—Avoid Risk—
Move Quality85Confirmed
- Factor
- Factor
- flow_agreement
- 0.85
- move_retained_pct
- 100
Above 9.0%Trader Trust—Liquidity—Move Quality87Resolution—Quote Risk—Avoid Risk—
Move Quality87Confirmed
- Factor
- Factor
- flow_agreement
- 0.85
- move_retained_pct
- 100
Above 12.0%Trader Trust—Liquidity—Move Quality82Resolution—Quote Risk—Avoid Risk—
Move Quality82Confirmed
- Factor
- Factor
- flow_agreement
- 0.85
- move_retained_pct
- 100
Above 13.5%Trader Trust—Liquidity—Move Quality—Resolution—Quote Risk—Avoid Risk—
Move Quality—No significant move
- Factor
- move_log_odds
- 0
Above 15.0%Trader Trust—Liquidity—Move Quality85Resolution—Quote Risk—Avoid Risk—
Move Quality85Confirmed
- Factor
- Factor
- flow_agreement
- 0.85
- move_retained_pct
- 100
trader_dashboard_lean_v1.13 · computed Aug 27, 2026
6. How did Ox Alpha's cost-per-token and performance benchmarks compare to leading models on OpenRouter, like DeepSeek and Anthropic's Claude series, in August 2026?
| API Input Token Cost | $0.15/million tokens (after August 26, 2026) [^][^][^] |
|---|---|
| API Output Token Cost | $0.50/million tokens (after August 26, 2026) [^][^][^] |
| Free Preview Period | August 20–26, 2026 [^] |
Ox Alpha's pricing model shifted after its free preview period. From August 20 to August 26, 2026, Ox Alpha was available without charge on OpenRouter during its initial preview phase [^]. Upon its official release on August 26, 2026, the model was identified as GLM-5.3-Flash, developed by Z.ai, and transitioned to a priced API model [^][^][^]. The costs were established at $0.15 per million input tokens and $0.50 per million output tokens [^][^][^]. The provided research, however, does not include comparative cost-per-token information for other leading models like DeepSeek or Anthropic's Claude series [^][^][^][^][^][^].
Ox Alpha showed strong initial performance, surpassing some established models. Initial performance benchmarks indicated that Ox Alpha outperformed models such as Claude Fable 5 and DeepSeek, particularly when evaluated on a viral 10-task subset [^][^][^][^][^]. However, a more comprehensive evaluation across 113 tasks suggested its performance was approximately on par with Claude Opus 4.8 [^]. Z.ai, the AI laboratory responsible for its development, confirmed their creation of the model that achieved these strong results against DeepSeek [^][^].
7. Beyond the official reveal, what other developer community trends or competing model updates during late August 2026 could have influenced Ox Alpha's market share?
| DeepSWE Benchmark Claim | 80% [^] |
|---|---|
| Ox Alpha Model Positioning | Low-cost, high-efficiency reasoning model [^][^][^] |
| ZAI Competitive Status | Rivaled Anthropic and OpenAI with a new AI model [^] |
Developer community activity significantly boosted Ox Alpha's market presence in late August. During late August 2026, Ox Alpha's market share was substantially influenced by viral claims circulating within the developer community, notably a reported 80% achievement on the DeepSWE coding benchmark. Further bolstering its visibility were public endorsements from prominent figures such as Patrick Collison. The community also engaged in intensive speculative analysis regarding its tokenizer behavior and error patterns, seeking to identify the anonymous provider of the stealth model [^].
No external model updates directly influenced Ox Alpha's late August market share. Research indicates no specific new releases or significant updates from competing models like Anthropic, OpenAI, or DeepSeek directly impacted Ox Alpha's market share during late August 2026. Instead, Ox Alpha itself challenged established frontier models and DeepSeek on usage-based metrics, positioning itself as a low-cost, high-efficiency reasoning model [^][^][^]. Separately, ZAI was also noted to rival Anthropic and OpenAI with a new AI model [^].
8. What evidence from OpenRouter platform data and third-party trackers supports the reports of Ox Alpha reaching over 16 trillion tokens processed by August 23, 2026?
| Tokens Processed | Approximately 16 trillion tokens by August 23, 2026 [^][^][^][^] |
|---|---|
| OpenRouter Ranking | #2 most-used model [^][^] |
| Developer Community Sessions | Over 5 million sessions [^][^] |
Ox Alpha processed trillions of tokens quickly after its launch, demonstrating significant initial activity. By August 23, 2026, the stealth AI model Ox Alpha processed approximately 16 trillion tokens, according to reports derived directly from OpenCode’s live activity dashboard. This dashboard monitored the model's usage during its initial three days following its August 20 launch [^][^][^][^].
Ox Alpha rapidly gained popularity across platforms and communities following its introduction. Further data from OpenRouter and various developer communities confirmed this swift uptake. The model quickly rose to become the #2 most-used model on the OpenRouter platform and significantly engaged developer communities like OpenCode, registering over 5 million sessions within its initial launch period. This rapid adoption also impacted the Stealth market share prediction market for August 24, 2026 [^][^].
9. What are the most reliable public sources for tracking near-real-time model usage and market share on the OpenRouter platform for the week of August 24, 2026?
| Peak weekly traffic share for Ox Alpha | 31% (week of August 24, 2026) [^][^][^] |
|---|---|
| Tokens processed by Ox Alpha | 62 trillion tokens [^] |
| Ox Alpha stealth preview period | August 20 to August 26, 2026 [^] |
OpenRouter offers various reliable methods for tracking near-real-time model usage. The platform's official 'Rankings' page provides public, aggregated token usage data in daily, weekly, and monthly windows [^][^][^]. For more in-depth analysis, OpenRouter also offers an Analytics API, enabling advanced users to programmatically query granular market share data by model and specific time ranges [^].
The 'Ox Alpha' model achieved substantial market share during its stealth preview on OpenRouter. This model, later identified as Zhipu's GLM-5.3-Flash, reached a peak of approximately 31% of the platform's weekly traffic for the week of August 24, 2026 [^][^][^]. During its preview period, spanning August 20 to August 26, 2026, 'Ox Alpha' processed an estimated 62 trillion tokens [^].
10. What was the immediate impact on daily token volume after Zhipu AI's August 26, 2026, announcement confirming Ox Alpha as its GLM-5.3-Flash model?
| Stealth Preview Token Volume | 44-62 trillion tokens [^][^][^] |
|---|---|
| Stealth Preview Market Share | Nearly 31% of weekly token traffic on OpenRouter [^][^][^] |
| Post-Preview Input Token Price | $0.15 per million [^] |
Zhipu AI officially identified its GLM-5.3-Flash model on August 26, 2026. This announcement formally confirmed that the widely used Ox Alpha model was GLM-5.3-Flash and concurrently concluded its free preview period [^]. The reveal followed a six-day stealth preview phase, which commenced on August 20, 2026. During this stealth period, the GLM-5.3-Flash model demonstrated substantial engagement, processing an estimated 44 trillion to 62 trillion tokens [^][^][^]. It also secured nearly 31% of the total weekly token traffic on the OpenRouter platform, marking it as OpenRouter's most significant launch to date [^][^][^]. This rapid adoption and market penetration also generated considerable community interest, as indicated by an active prediction market on Kalshi [^].
The model transitioned to a paid service model following the August 26, 2026, announcement. Pricing for GLM-5.3-Flash was established at $0.15 per million input tokens and $0.50 per million output tokens [^]. A promotional 50% launch discount was available to users until September 9, 2026 [^]. However, the available information does not specify the immediate impact on the model's daily token volume after this transition to a paid pricing structure.
11. What Could Change the Odds
Key Catalysts
The emergence of an anonymous frontier-class AI model, 'stealth/ox-alpha,' active on the OpenRouter platform from August 20 to August 26, 2026, presented a market catalyst [^] [^] . The Stealth Model Everyone Is Testing, Explained | CellCog" data-source-lanes="traditional">[^][^]. This model was confirmed on August 26, 2026, as Zhipu AI's (Z.ai) GLM-5.3-Flash, which the company had released anonymously to gather usage data and field-test it before official commercial launch [^][^]. The model experienced rapid adoption, reportedly reaching significant usage levels and surpassing DeepSeek in volume by some metrics on OpenRouter and OpenCode during its week-long stealth window [^][^][^]. This phenomenon demonstrates the potential for unannounced AI model releases to quickly impact platform activity. Separately, 'Stealth' (XST) is a legacy privacy-focused cryptocurrency with a small market capitalization and limited liquidity, unrelated to the AI model phenomenon [^][^][^].
Beyond specific model releases, sentiment shifts towards AI stocks represent a significant catalyst [^] . The tech industry faces a public relations challenge, with concerns about job displacement and
scare tactics
regarding AI's impact over 18 months [^] [^] . As of August 27, 2026, there is no publicly reported market share metric for a commercial entity named Stealth in AI [^][^][^][^][^][^][^][^][^][^][^]. The term 'stealth' in technical AI research, such as 'StealthBench' and 'ElasticBack', refers to AI agents or adversarial attacks operating unnoticed or bypassing detection systems [^][^][^][^][^][^][^][^][^][^]. In the broader AI market, 2025 research noted Google's global search market share dropped below 90% for the first time since 2015, a shift attributed to the rise of AI agents that bypass traditional search-based ad models [^].
Key Dates & Catalysts
- Expiration: August 31, 2026
- Closes: August 31, 2026
12. Decision-Flipping Events
- Trigger: The emergence of an anonymous frontier-class AI model, 'stealth/ox-alpha,' active on the OpenRouter platform from August 20 to August 26, 2026, presented a market catalyst [^] [^] .
- Trigger: This model was confirmed on August 26, 2026, as Zhipu AI's (Z.ai) GLM-5.3-Flash, which the company had released anonymously to gather usage data and field-test it before official commercial launch [^] [^] .
- Trigger: The model experienced rapid adoption, reportedly reaching significant usage levels and surpassing DeepSeek in volume by some metrics on OpenRouter and OpenCode during its week-long stealth window [^] [^] [^] .
- Trigger: This phenomenon demonstrates the potential for unannounced AI model releases to quickly impact platform activity.
14. Related News
15. Historical Resolutions
No historical resolution data available for this series.
