diff --git a/scripts/token_tracker.py b/scripts/token_tracker.py
new file mode 100644
index 00000000..2239af8c
--- /dev/null
+++ b/scripts/token_tracker.py
@@ -0,0 +1,329 @@
+#!/usr/bin/env python3
+"""
+token_tracker.py — Pipeline Token Budget Tracker
+
+Real-time token spend tracking across all pipelines with:
+- SQLite store for token usage per pipeline/worker/hour
+- CLI dashboard with live refresh
+- Budget alerts at 50%, 80%, 100%
+- Daily summary reports
+
+Usage:
+    python3 token_tracker.py --watch              # Live dashboard
+    python3 token_tracker.py --summary            # Daily summary
+    python3 token_tracker.py --record pipeline worker tokens  # Record usage
+    python3 token_tracker.py --budget pipeline 200000000      # Set budget
+    python3 token_tracker.py --alerts             # Check alerts
+"""
+
+import argparse
+import json
+import os
+import sqlite3
+import sys
+import time
+from datetime import datetime, timedelta
+from pathlib import Path
+from typing import Dict, List, Optional, Tuple
+
+DB_PATH = Path.home() / ".hermes" / "pipelines" / "token_usage.db"
+BUDGETS_FILE = Path.home() / ".hermes" / "pipelines" / "budgets.json"
+
+# Default pipeline budgets (tokens)
+DEFAULT_BUDGETS = {
+    "knowledge-mine": 200_000_000,
+    "training-factory": 215_000_000,
+    "playground": 16_000_000,
+    "adversary": 17_000_000,
+}
+
+
+def get_db(db_path: Optional[Path] = None) -> sqlite3.Connection:
+    """Get or create SQLite database."""
+    path = db_path or DB_PATH
+    path.parent.mkdir(parents=True, exist_ok=True)
+
+    conn = sqlite3.connect(str(path))
+    conn.execute("PRAGMA journal_mode=WAL")
+    conn.execute("""
+        CREATE TABLE IF NOT EXISTS token_usage (
+            id INTEGER PRIMARY KEY AUTOINCREMENT,
+            pipeline TEXT NOT NULL,
+            worker TEXT NOT NULL,
+            tokens INTEGER NOT NULL,
+            recorded_at TEXT NOT NULL DEFAULT (datetime('now')),
+            hour_key TEXT GENERATED ALWAYS AS (strftime('%Y-%m-%d %H', recorded_at)) STORED
+        )
+    """)
+    conn.execute("""
+        CREATE INDEX IF NOT EXISTS idx_pipeline_hour
+        ON token_usage(pipeline, hour_key)
+    """)
+    conn.execute("""
+        CREATE INDEX IF NOT EXISTS idx_recorded_at
+        ON token_usage(recorded_at)
+    """)
+    conn.commit()
+    return conn
+
+
+def record_usage(conn: sqlite3.Connection, pipeline: str, worker: str, tokens: int):
+    """Record token usage."""
+    conn.execute(
+        "INSERT INTO token_usage (pipeline, worker, tokens) VALUES (?, ?, ?)",
+        (pipeline, worker, tokens)
+    )
+    conn.commit()
+
+
+def get_usage_since(conn: sqlite3.Connection, since: str) -> Dict[str, int]:
+    """Get total tokens per pipeline since a datetime."""
+    cursor = conn.execute("""
+        SELECT pipeline, SUM(tokens) as total
+        FROM token_usage
+        WHERE recorded_at >= ?
+        GROUP BY pipeline
+        ORDER BY total DESC
+    """, (since,))
+    return {row[0]: row[1] for row in cursor.fetchall()}
+
+
+def get_hourly_usage(conn: sqlite3.Connection, pipeline: str, hours: int = 24) -> List[Tuple[str, int]]:
+    """Get hourly token usage for a pipeline."""
+    since = (datetime.utcnow() - timedelta(hours=hours)).isoformat()
+    cursor = conn.execute("""
+        SELECT hour_key, SUM(tokens) as total
+        FROM token_usage
+        WHERE pipeline = ? AND recorded_at >= ?
+        GROUP BY hour_key
+        ORDER BY hour_key
+    """, (pipeline, since))
+    return cursor.fetchall()
+
+
+def get_worker_usage(conn: sqlite3.Connection, pipeline: str, since: str) -> Dict[str, int]:
+    """Get per-worker token usage for a pipeline."""
+    cursor = conn.execute("""
+        SELECT worker, SUM(tokens) as total
+        FROM token_usage
+        WHERE pipeline = ? AND recorded_at >= ?
+        GROUP BY worker
+        ORDER BY total DESC
+    """, (pipeline, since))
+    return {row[0]: row[1] for row in cursor.fetchall()}
+
+
+def load_budgets() -> Dict[str, int]:
+    """Load pipeline budgets."""
+    if BUDGETS_FILE.exists():
+        with open(BUDGETS_FILE) as f:
+            return json.load(f)
+    return DEFAULT_BUDGETS.copy()
+
+
+def save_budgets(budgets: Dict[str, int]):
+    """Save pipeline budgets."""
+    BUDGETS_FILE.parent.mkdir(parents=True, exist_ok=True)
+    with open(BUDGETS_FILE, 'w') as f:
+        json.dump(budgets, f, indent=2)
+
+
+def format_tokens(tokens: int) -> str:
+    """Format token count for display."""
+    if tokens >= 1_000_000_000:
+        return f"{tokens / 1_000_000_000:.1f}B"
+    if tokens >= 1_000_000:
+        return f"{tokens / 1_000_000:.1f}M"
+    if tokens >= 1_000:
+        return f"{tokens / 1_000:.1f}K"
+    return str(tokens)
+
+
+def progress_bar(used: int, target: int, width: int = 10) -> str:
+    """Generate a progress bar."""
+    if target == 0:
+        return "░" * width
+    ratio = min(used / target, 1.0)
+    filled = int(ratio * width)
+    return "█" * filled + "░" * (width - filled)
+
+
+def estimate_eta(used: int, target: int, hours_elapsed: float) -> str:
+    """Estimate time to completion."""
+    if hours_elapsed <= 0 or used <= 0:
+        return "N/A"
+    rate = used / hours_elapsed
+    remaining = target - used
+    if remaining <= 0:
+        return "DONE"
+    eta_hours = remaining / rate
+    if eta_hours >= 1:
+        return f"{eta_hours:.1f}h"
+    return f"{eta_hours * 60:.0f}m"
+
+
+def render_dashboard(conn: sqlite3.Connection, budgets: Dict[str, int]):
+    """Render the live dashboard."""
+    today = datetime.utcnow().strftime("%Y-%m-%d")
+    usage = get_usage_since(conn, f"{today}T00:00:00")
+
+    print("\033[2J\033[H")  # Clear screen
+    print("=" * 70)
+    print("  TOKEN BUDGET TRACKER")
+    print(f"  {datetime.utcnow().strftime('%Y-%m-%d %H:%M:%S UTC')}")
+    print("=" * 70)
+    print(f"  {'Pipeline':<20} {'Used':>10} {'Target':>10} {'Progress':>12} {'ETA':>8}")
+    print("-" * 70)
+
+    total_used = 0
+    total_target = 0
+
+    for pipeline, budget in sorted(budgets.items()):
+        used = usage.get(pipeline, 0)
+        total_used += used
+        total_target += budget
+
+        bar = progress_bar(used, budget)
+        pct = (used / budget * 100) if budget > 0 else 0
+
+        # Estimate ETA based on current hour's rate
+        hour_key = datetime.utcnow().strftime("%Y-%m-%d %H")
+        hourly = get_hourly_usage(conn, pipeline, hours=1)
+        current_hour_rate = hourly[0][1] if hourly else 0
+        remaining = budget - used
+        eta = estimate_eta(used, budget, 1) if current_hour_rate > 0 else "N/A"
+
+        print(f"  {pipeline:<20} {format_tokens(used):>10} {format_tokens(budget):>10} {bar} {pct:>5.1f}% {eta:>8}")
+
+    print("-" * 70)
+    total_bar = progress_bar(total_used, total_target)
+    total_pct = (total_used / total_target * 100) if total_target > 0 else 0
+    print(f"  {'TOTAL':<20} {format_tokens(total_used):>10} {format_tokens(total_target):>10} {total_bar} {total_pct:>5.1f}%")
+    print("=" * 70)
+
+    # Alerts
+    alerts = check_alerts(usage, budgets)
+    if alerts:
+        print("\n  ⚠️  ALERTS:")
+        for alert in alerts:
+            print(f"    {alert}")
+    print()
+
+
+def check_alerts(usage: Dict[str, int], budgets: Dict[str, int]) -> List[str]:
+    """Check budget alerts."""
+    alerts = []
+    thresholds = [50, 80, 100]
+
+    for pipeline, budget in budgets.items():
+        used = usage.get(pipeline, 0)
+        pct = (used / budget * 100) if budget > 0 else 0
+
+        for threshold in thresholds:
+            if pct >= threshold:
+                level = "🔴" if threshold == 100 else "🟡" if threshold == 80 else "🟢"
+                alerts.append(f"{level} {pipeline}: {pct:.1f}% used ({format_tokens(used)}/{format_tokens(budget)})")
+
+    return alerts
+
+
+def daily_summary(conn: sqlite3.Connection, budgets: Dict[str, int], date: Optional[str] = None):
+    """Generate daily summary report."""
+    if date is None:
+        date = datetime.utcnow().strftime("%Y-%m-%d")
+
+    start = f"{date}T00:00:00"
+    end = f"{date}T23:59:59"
+
+    usage = get_usage_since(conn, start)
+
+    print(f"\n{'='*60}")
+    print(f"  DAILY SUMMARY — {date}")
+    print(f"{'='*60}")
+
+    total = 0
+    for pipeline, budget in sorted(budgets.items()):
+        used = usage.get(pipeline, 0)
+        total += used
+        pct = (used / budget * 100) if budget > 0 else 0
+        print(f"  {pipeline:<20} {format_tokens(used):>10} / {format_tokens(budget):>10} ({pct:.1f}%)")
+
+        # Per-worker breakdown
+        workers = get_worker_usage(conn, pipeline, start)
+        for worker, wtokens in list(workers.items())[:5]:
+            print(f"    └─ {worker}: {format_tokens(wtokens)}")
+
+    print(f"{'─'*60}")
+    print(f"  {'TOTAL':<20} {format_tokens(total):>10}")
+    print(f"{'='*60}\n")
+
+
+def watch_mode(conn: sqlite3.Connection, budgets: Dict[str, int], interval: int = 5):
+    """Live dashboard with refresh."""
+    try:
+        while True:
+            render_dashboard(conn, budgets)
+            time.sleep(interval)
+    except KeyboardInterrupt:
+        print("\nStopped.")
+
+
+def main():
+    parser = argparse.ArgumentParser(description="Pipeline Token Budget Tracker")
+    parser.add_argument("--db", help="SQLite database path")
+    parser.add_argument("--watch", action="store_true", help="Live dashboard")
+    parser.add_argument("--refresh", type=int, default=5, help="Dashboard refresh interval (seconds)")
+    parser.add_argument("--summary", action="store_true", help="Daily summary")
+    parser.add_argument("--date", help="Date for summary (YYYY-MM-DD)")
+    parser.add_argument("--record", nargs=3, metavar=("PIPELINE", "WORKER", "TOKENS"),
+                        help="Record token usage")
+    parser.add_argument("--budget", nargs=2, metavar=("PIPELINE", "TOKENS"),
+                        help="Set pipeline budget")
+    parser.add_argument("--budgets-file", help="Budgets JSON file path")
+    parser.add_argument("--alerts", action="store_true", help="Check alerts only")
+    parser.add_argument("--json", action="store_true", help="JSON output")
+    args = parser.parse_args()
+
+    db_path = Path(args.db) if args.db else None
+    conn = get_db(db_path)
+
+    if args.budgets_file:
+        global BUDGETS_FILE
+        BUDGETS_FILE = Path(args.budgets_file)
+
+    budgets = load_budgets()
+
+    if args.record:
+        pipeline, worker, tokens = args.record
+        record_usage(conn, pipeline, worker, int(tokens))
+        print(f"Recorded: {pipeline}/{worker} = {int(tokens)} tokens")
+
+    elif args.budget:
+        pipeline, tokens = args.budget
+        budgets[pipeline] = int(tokens)
+        save_budgets(budgets)
+        print(f"Budget set: {pipeline} = {int(tokens)} tokens")
+
+    elif args.alerts:
+        today = datetime.utcnow().strftime("%Y-%m-%d")
+        usage = get_usage_since(conn, f"{today}T00:00:00")
+        alerts = check_alerts(usage, budgets)
+        if alerts:
+            for a in alerts:
+                print(a)
+            sys.exit(1)
+        else:
+            print("No alerts.")
+
+    elif args.summary:
+        daily_summary(conn, budgets, args.date)
+
+    elif args.watch:
+        watch_mode(conn, budgets, args.refresh)
+
+    else:
+        render_dashboard(conn, budgets)
+
+
+if __name__ == "__main__":
+    main()