On the Token Value Inequality in Efficient Reasoning

Chain-of-Thought reasoning has enabled large language models to achieve substantial performance gains on complex tasks. However, these gains come at the cost of dramatically increased token consumption. This raises a fundamental question: is every token in the reasoning trace equally valuable? We present a diagnostic and optimization framework grounded in a key empirical finding: the value of tokens within a CoT reasoning sequence is highly non-uniform, and this non-uniformity can be effectively characterized by token-level log probability signals. We show that normalized log probability helps distinguish core tokens, which carry structural and decisive reasoning content, from redundant tokens, which are exploratory, low-confidence filler that contributes less directly to the final answer. Building on these findings, we formulate the TokenProbe framework around two empirical findings and one claim: findings identify token value inequality first and then establish TokenProbe as a core-token proxy, and the claim introduces an efficient GRPO objective positing that selectively compressing redundant tokens can yield Pareto improvements in the accuracy–token efficiency space. Empirically, our method preserves reasoning quality while reducing the token usage by 76% of the baseline. Under matched reasoning-length budgets, we show that it can even outperform strong flagship baselines like Gemini-3.1-Pro.