Anthropic Launches Claude Prompt Caching Dashboard to Optimize API Costs

Apr 26, 2026 · Updated May 4, 2026

Anthropic launched a new dashboard in the Claude Developer Console for prompt caching (storing context to avoid redundant processing). The interface provides real-time visibility into cache usage, helping teams monitor how effectively their prompts are being "checkpointed" for reuse across multiple API calls.

Cost reduction: Up to 90% discount on cached tokens
Performance gain: Reduced Time to First Token
Primary metric: Cache hit rate visibility
Access location: Claude Developer Console
Availability: All Claude API users

This update mirrors a trend seen in Google's AI Studio usage dashboards as teams move from prototypes to production. It follows a pattern seen in Anthropic's framework for scaling agents, which prioritizes context efficiency for cloud-based systems. Managing repeated prompts is now the primary lever for controlling costs, matching Google's cost-optimized inference tiers.

Access the new usage metrics immediately through the console under the usage tab. The dashboard helps identify specific prompts that are failing to hit the cache, which is critical for reducing Time to First Token (the delay before the model starts responding). This visibility is available for all Claude API users.

View the full update on platform.claude.com

ClaudeDevs

@ClaudeDevsApr 21

Caching is critical for customers to lower both costs and TTFT. We’re launching a new dashboard in Claude Developer Console to increase visibility and help customers optimize their usage. Check it out here: https://t.co/zgBJ4dHXyI https://t.co/Uwje2iPbLT

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Still wondering? A few quick answers below.

The Claude prompt caching dashboard is a new feature within the Claude Developer Console designed to increase visibility into how developers use prompt caching. It allows users to monitor their cache hit rates and usage patterns, providing the data needed to optimize prompt structures for better performance and lower expenses.

Prompt caching reduces costs by allowing the Claude API to reuse previously processed context, such as long system prompts or large documents, instead of reprocessing them for every request. This results in a significant discount on input tokens, often up to 90 percent off the standard price for repeated context segments.

Developers can access prompt caching usage metrics directly through the Claude Developer Console. Anthropic has added a dedicated section under the usage tab specifically for cache performance, where users can view their hit rates and identify opportunities to improve their prompt engineering for more efficient caching.

Beyond cost savings, prompt caching significantly improves performance by reducing the Time to First Token, which is the latency before the model begins generating a response. By resuming from a cached prefix rather than processing the entire prompt from scratch, the model can respond much faster to user queries.

The new dashboard is available to all customers building with the Claude API through the Anthropic Developer Console. It is specifically designed for developers and teams who need to optimize their production workloads by tracking how effectively their prompts are being cached and reused across different API sessions.