Where are you getting cheap GLM5.2? It is about 1/3 the price of Opus, which is not what I would call cheap.
Depending on the provider, GLM-5.2 is between 4.5-5x cheaper than Opus. You can compare prices/speed/etc. for basically all relevant models on aa https://artificialanalysis.ai/models/glm-5-2/providers
a company can just download GLM 5.2 and start self hosting this model using the chip designed and made by itself. That could lower the cost by 20-30x.
for hobbyist buying a few Mac Studio to host GLM 5.2 at home, the cost might 10x more than just using Opus API.
Hugging Face plus Z.ai API makes sense to me. Due to creators get paid, they can keep building better models, and the local-running community benefits from that over time.
AIhubmix currently is the cheapest rather than openrouter.