Smaller dive resulted in runner-up’s token (6,5)
I believe the answer is:
silver medal
'runner-up's token' is the definition.
The definition suggests a singular noun which matches the answer.
'smaller dive resulted' is the wordplay.
'resulted' is an anagram indicator (I've seen 'result of' mean this).
'smaller'+'dive'='smallerdive'
'smallerdive' anagrammed gives 'SILVER MEDAL'.
'in' acts as a link.
Can you help me to learn more?
(Other definitions for silver medal that I've seen before include "Sporting prize" , "What won't satisfy champion" , "Prize for second place" , "Olympic prize" , "Runner-up award" .)