LangSmithvsHelicone

The two main LLM observability platforms in 2026. LangSmith comes from the LangChain team; Helicone is the open-source one-line-proxy alternative.

At a glance

LangSmithHelicone
CategoryCodingCoding
FunctionLLM observabilityLLM observability
PricingFreemiumFreemium
Starting priceFree 5k traces/mo, Plus $39/moFree 100k requests/mo, Pro $25/mo
ReleasedJuly 2023February 2023

LangSmith

Pros

  • Industry-standard tracing for LangChain users
  • Strong eval framework
  • Free tier good for prototyping

Cons

  • Tied to LangChain ergonomics (still works without)
  • Self-hosted is enterprise-only
  • Some features paywalled

Helicone

Pros

  • Easiest LLM observability to set up
  • Open source — self-hostable for free
  • Caching saves serious money at scale

Cons

  • Proxy approach adds tiny latency
  • Eval features less mature than LangSmith
  • UI less polished than competitors

Which one should you pick?

Pick LangSmith if

You're building with LangChain and want first-class tracing, evals, and prompt management. LangSmith fits that workflow natively.

See LangSmith details →

Pick Helicone if

You want one-line setup, open-source code, and built-in prompt caching. Helicone is the easier on-ramp.

See Helicone details →

Bottom line

LangSmith for LangChain-native teams. Helicone for simpler integration and OSS-first stacks. Both are credible; the framework choice often decides.