LiteLLM Proxy Tutorial: Track Costs, Budgets, and Multi-Provider LLM Usage

Ready Tensor · Intermediate ·🧠 Large Language Models ·2mo ago
In this video, we walk through how to use LiteLLM as a unified proxy layer between your application and multiple LLM providers, allowing you to track token usage, control spending, and enforce budgets in real time. You’ll see how to connect OpenAI models, custom self-hosted models, and fine-tuned deployments under a single interface, while monitoring cost, latency, and usage through a built-in dashboard. You’ll learn how to: Use LiteLLM as a proxy between your app and multiple LLM providers Route requests to OpenAI, Anthropic, and self-hosted models using a single interface Configure cust…
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Chapters (8)

Why you need an LLM proxy for cost and usage tracking
1:00 LiteLLM architecture and multi-provider routing
2:00 Configuring models and API keys in LiteLLM
4:00 Custom token pricing for self-hosted models
6:20 Running LiteLLM locally with Docker Compose
7:40 Using the LiteLLM UI for usage and logs
9:00 Virtual API keys and budget enforcement
13:00 Budget exceeded errors and Slack alerts
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