MiniMax M2
by MiniMax · minimax/minimax-m2 · #128 cheapest of 325 paid models
Prices updated Jul 22, 2026, 1:31 AM UTC · refreshed hourly
MiniMax-M2 is a compact, high-efficiency large language model optimized for end-to-end coding and agentic workflows. With 10 billion activated parameters (230 billion total), it delivers near-frontier intelligence across general reasoning,...
Compare vs:Claude Sonnet 5Claude Opus 4.6Claude Haiku 4.5GPT-5.6 Sol
Pricing
Input
$0.30
per 1M tokens
Output
$1.20
per 1M tokens
Blended (3:1)
$0.525
3 input : 1 output
Cache read
$0.03
per 1M cached tokens
Cache write
—
per 1M tokens
Cache & batch economics
Effective prices for MiniMax M2 with prompt caching.
| Cache hit rate | Effective blended $/1M | Example request* | vs no cache |
|---|---|---|---|
| 0% | $0.525 | $0.0318 | — |
| 50% | $0.424 | $0.0183 | −42% |
| 90% | $0.343 | $0.0075 | −76% |
*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 | $0.00051 | $0.51 |
| Document summary | 8,000 | 1,000 | $0.0036 | $3.60 |
| Codebase question (RAG) | 30,000 | 2,000 | $0.0114 | $11.40 |
| Long-context analysis | 150,000 | 5,000 | $0.051 | $51.00 |
Performance
Intelligence Index
28.3
AA composite quality
Coding Index
—
Math Index
78.3
Agentic Index
—
Output speed
97 tok/s
median
Time to first token
1.11s
median
Time to first answer
21.78s
after reasoning tokens
Artificial Analysis benchmarks
| Benchmark | Score |
|---|---|
| MMLU-Pro | 82.0% |
| GPQA Diamond | 77.7% |
| Humanity's Last Exam | 12.5% |
| LiveCodeBench | 82.6% |
| SciCode | 36.1% |
| AIME 2025 | 78.3% |
| IFBench | 72.3% |
| AA-LCR (Long Context Reasoning) | 61.0% |
| Terminal-Bench Hard | 25.8% |
| τ²-Bench (Telecom) | 86.8% |
Design Arena Elo
| Category | Elo |
|---|---|
| Website | 1,170 |
| UI components | 1,178 |
| Data viz | 1,177 |
| SVG | 1,147 |
| 3D | 1,156 |
| Game dev | 1,176 |
| Code categories | 1,168 |
Specs
Context window
205K
tokens
Max output
131K
tokens
Input modalities
text
Tokenizer
Other