DeepSeek-V2.5 vs MiniMax M2

    Comparison

    As of August 20, 2026, DeepSeek-V2.5 is 72% cheaper per million tokens than MiniMax M2. DeepSeek-V2.5 is $0.14 / $0.28 per million input/output tokens versus MiniMax M2 at $0.30 / $1.20. Sources: https://api-docs.deepseek.com/quick_start/pricing and https://anotherwrapper.com/tools/llm-pricing

    Sources: DeepSeek API pricing (https://api-docs.deepseek.com/quick_start/pricing); AnotherWrapper LLM pricing (https://anotherwrapper.com/tools/llm-pricing)

    Better value

    DeepSeek-V2.5

    DeepSeek

    $0.42blended / 1M

    Input

    $0.14

    Output

    $0.28

    8.2K ctx|Open Source
    72%
    cheaper

    MiniMax M2

    MiniMax

    $1.50blended / 1M

    Input

    $0.30

    Output

    $1.20

    1M ctx|Open Source
    Save $1.08 per million tokens by choosing DeepSeek-V2.5 over MiniMax M2.

    DeepSeek-V2.5 vs MiniMax M2 comparison

    Token pricing, specs, and benchmarks side by side

    Metric
    DeepSeek-V2.5
    MiniMax M2
    Provider
    Provider
    DeepSeek
    MiniMax
    License
    Open Source
    Open Source
    Release Date
    2024-05-08
    2025-10-27
    Pricing (per 1M tokens)
    Input Price-53%
    $0.14
    $0.30
    Output Price-77%
    $0.28
    $1.20
    Blended (1M + 1M)
    $0.42
    $1.50
    Model Details
    Context Window
    8.2K
    1M
    Max Output Tokens
    8.2K
    1M
    Knowledge Cutoff
    N/A
    N/A
    Throughput
    100 tok/s
    70 tok/s
    Benchmarks
    12.5%
    78%
    36%
    78%
    80.4%
    89%
    74.7%
    61%
    72.2%
    80.4%
    76.2%
    84.3%
    78.3%
    95.1%
    72%
    82%
    90.2%
    77.2%
    Benchmark Wins
    DeepSeek-V2.5 0|1 MiniMax M2

    Verdict

    DeepSeek-V2.5 vs MiniMax M2: the bottom line

    DeepSeek-V2.5 offers significantly lower pricing, while MiniMax M2 leads on benchmark performance. Your choice depends on whether cost efficiency or raw capability matters more for your use case.

    DeepSeek-V2.5 vs MiniMax M2 FAQ

    Which is cheaper, DeepSeek-V2.5 or MiniMax M2?

    As of August 20, 2026, DeepSeek-V2.5 is 72% cheaper on blended LLM API pricing. DeepSeek-V2.5 costs $0.14 per million input tokens and $0.28 per million output tokens ($0.42 blended 1M-in + 1M-out). MiniMax M2 costs $0.30 / $1.20 per million tokens ($1.50 blended). Sources: https://api-docs.deepseek.com/quick_start/pricing and https://anotherwrapper.com/tools/llm-pricing. The cheapest LLM for your app still depends on how many output tokens you generate.

    How much does DeepSeek-V2.5 vs MiniMax M2 cost per million tokens?

    DeepSeek-V2.5 DeepSeek API pricing is $0.14 input and $0.28 output per million tokens via DeepSeek. MiniMax M2 MiniMax API pricing is $0.30 input and $1.20 output per million tokens via MiniMax. Use those four numbers, not ChatGPT Plus or Claude Pro subscription prices, when you are comparing APIs.

    Which is better for coding, DeepSeek-V2.5 or MiniMax M2?

    MiniMax M2 leads on SWE-bench Verified: DeepSeek-V2.5 at 16.8% vs MiniMax M2 at 69.4%. SWE-bench measures real GitHub fixes; LiveCodeBench measures contest programming.

    What is the context window for DeepSeek-V2.5 vs MiniMax M2?

    DeepSeek-V2.5 supports a 8K token context window, while MiniMax M2 supports 1M tokens. MiniMax M2 offers a larger context window. Filling a larger window bills more input tokens, so the cheaper-per-million model can still cost more on long documents.

    Which model performs better on benchmarks, DeepSeek-V2.5 or MiniMax M2?

    MiniMax M2 leads on 1 of 1 shared benchmarks versus DeepSeek-V2.5's 0 wins. Check the comparison table for GPQA Diamond, SWE-bench, MMLU, HLE, and the other evals we track. Token price and benchmark score together are the usual LLM comparison, not either number alone.

    Is DeepSeek-V2.5 or MiniMax M2 better for production use?

    Both DeepSeek-V2.5 and MiniMax M2 are production API models. For cost-sensitive production traffic, DeepSeek-V2.5 has better economics on the blended 1M-in + 1M-out scale. For maximum capability, weight the benchmark table for your domain. Many production stacks route cheap models for drafts and a frontier model for the hard turn, which is usually cheaper than sending everything to the expensive API.

    Can I switch between DeepSeek-V2.5 and MiniMax M2 in my app?

    Yes. Call DeepSeek-V2.5 through DeepSeek and MiniMax M2 through MiniMax with separate API keys, or through a gateway that already wraps both. Keep prompts in tokens, not characters, when you estimate the invoice. AnotherWrapper templates can swap providers without rewriting auth and billing.

    How accurate is this DeepSeek-V2.5 vs MiniMax M2 pricing data?

    List rates are the latest published DeepSeek API pricing and MiniMax API pricing, quoted per million tokens. Official rate sheets: https://api-docs.deepseek.com/quick_start/pricing and https://anotherwrapper.com/tools/llm-pricing. Prompt caching, batch APIs, and committed-use discounts can change the invoice. Benchmark scores are from official publications and independent evals, updated as new numbers land.

    What is the output token limit for DeepSeek-V2.5 and MiniMax M2?

    DeepSeek-V2.5 supports up to 8K output tokens per request, while MiniMax M2 supports up to 1M output tokens. Output tokens are usually the expensive half of API pricing, so a higher max output cap is a capability, not a discount.

    Which model has better throughput, DeepSeek-V2.5 or MiniMax M2?

    DeepSeek-V2.5 runs at approximately 100 tokens/second while MiniMax M2 runs at 70 tokens/second. DeepSeek-V2.5 is faster in raw throughput. Throughput (tokens per second) and time-to-first-token are why two models with the same per-million-token price can still feel different in chat and agents.

    How do I switch the models in this DeepSeek-V2.5 vs MiniMax M2 comparison?

    Use the model pickers at the top of this LLM comparison. Search any model in the index and the URL updates. Open DeepSeek-V2.5 or MiniMax M2 from the sidebar for the single-model API pricing page, or go back to the LLM pricing table to sort by cheapest blended cost.

    DeepSeek-V2.5 vs MiniMax M2 pricing

    This comparison covers API pricing, context window, throughput, and benchmark scores. DeepSeek-V2.5 costs $0.14/M input and $0.28/M output. MiniMax M2 costs $0.30/M input and $1.20/M output.

    Rank both on the LLM leaderboard, SWE-bench, and Humanity's Last Exam.

    The index

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