Key findings:
- 95.5x multiplier on Max 20x. 21M output tokens, 98.9% Opus.
- Three rate-limit layers: 5-hour window, weekly budget, and peak-hour throttling. API prices dropped 67%; access got tighter.
- The "Sonnet only" meter is nested inside the master budget. When "All models" hits 100%, everything locks.
- After days >1M tokens, next-day output drops 28-43%.
Full breakdown: travisfixes.com/share/claude…
Link
Claude 4.6 Model & Effort Matrix
Verified reference for effort levels, model routing, and Max Plan economics. April 2026.
travisfixes.com