Updated March 10, 2026
LangSmith is LangChain's observability and evaluation platform for LLM applications. It provides detailed tracing of every LLM call, chain execution, and agent step—showing inputs, outputs, latency, token usage, and cost. LangSmith includes annotation queues for human feedback, dataset management for evaluation, and regression testing for prompt changes. It's the most comprehensive debugging tool for LangChain-based applications.
Portkey provides LLM observability alongside its gateway capabilities, offering detailed logging, metrics, and tracing for LLM API calls. Teams can monitor latency, costs, token usage, and error rates across providers, with request-level debugging and analytics dashboards for production AI applications.
Core capabilities each platform advertises.
What each tool does well, and the limitations to keep in mind.
Pros
Cons
Pros
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Choose LangSmith if you wantChoose if you want
Choose Portkey if you wantChoose if you want
Respan lets you trace LLM and agent calls across any model or framework, A/B test prompts on production traffic, and route requests across 500+ models through one gateway.