MiniMax-01
by MiniMax · minimax/minimax-01 · #109 cheapest of 325 paid models
Prices updated Jul 22, 2026, 1:33 AM UTC · refreshed hourly
MiniMax-01 is a combines MiniMax-Text-01 for text generation and MiniMax-VL-01 for image understanding. It has 456 billion parameters, with 45.9 billion parameters activated per inference, and can handle a context...
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Pricing
Input
$0.20
per 1M tokens
Output
$1.10
per 1M tokens
Blended (3:1)
$0.425
3 input : 1 output
Cache read
—
per 1M cached tokens
Cache write
—
per 1M tokens
Cache & batch economics
Effective prices for MiniMax-01 (no cache-read rate published — hits billed as normal input).
| Cache hit rate | Effective blended $/1M | Example request* | vs no cache |
|---|---|---|---|
| 0% | $0.425 | $0.0215 | — |
| 50% | $0.425 | $0.0215 | −0% |
| 90% | $0.425 | $0.0215 | −0% |
*Example: 100K sticky context + 2K new input + 1K output. Batch discount is an approximate 50% off list rates (available for OpenAI / Anthropic / Google — not flagged for this creator). Confirm on the vendor’s pricing page.
What a request costs
| Workload | Input tokens | Output tokens | Cost / request | Cost / 1K requests |
|---|---|---|---|---|
| Short chat message | 500 | 300 | $0.00043 | $0.43 |
| Document summary | 8,000 | 1,000 | $0.0027 | $2.70 |
| Codebase question (RAG) | 30,000 | 2,000 | $0.0082 | $8.20 |
| Long-context analysis | 150,000 | 5,000 | $0.0355 | $35.50 |
Specs
Context window
1M
tokens
Max output
1M
tokens
Input modalities
text, image
Tokenizer
Other