Sonnet 4.5 Caching failed, Costs Just EXPLODED

Where does the bug appear (feature/product)?

Cursor IDE

Describe the Bug

The cost for sonnet 4.5 just exploded with no caching applied, charging at a price of ~$4/MToken per continuous request.

Steps to Reproduce

Use Sonnet 4.5 in agent mode

Screenshots / Screen Recordings

Operating System

MacOS

Current Cursor Version (Menu → About Cursor → Copy)

Version: 1.7.37
VSCode Version: 1.99.3
Commit: 1910e1fc4fa41b809793f6c5477108b775c0a120
Date: 2025-10-06T04:16:03.009Z
Electron: 34.5.8
Chromium: 132.0.6834.210
Node.js: 20.19.1
V8: 13.2.152.41-electron.0
OS: Darwin arm64 24.5.0

For AI issues: which model did you use?

Sonnet 4.5

Does this stop you from using Cursor

Yes - Cursor is unusable

Hey, thanks for the report. We’ll investigate it.

Need to get my credits back, this bug just burnt all my monthly credits

I strongly suggest you to temporarily suspend this model or at least push a clear notification to all users before this bug is fully resolved. I’ve just burnt over $100 today, which won’t have happened had you done that yesterday.

Same here. Yesterday got switched over to the paid plan, and consequently was charged 16 usd for less than two hours of work, which was not that intensive/heavy work at all. The token consumption was crazy.
So I switched to grok-code-fast-1.

Having the same issue in the team at the moment. I think a refund should be reasonable