Which is cheaper, LongCat-Flash-Thinking or Mercury 2?
As of August 21, 2026, Mercury 2 is 33% cheaper on blended LLM API pricing. Mercury 2 costs $0.25 per million input tokens and $0.75 per million output tokens ($1.00 blended 1M-in + 1M-out). LongCat-Flash-Thinking costs $0.30 / $1.20 per million tokens ($1.50 blended). Sources: https://anotherwrapper.com/tools/llm-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 LongCat-Flash-Thinking vs Mercury 2 cost per million tokens?
LongCat-Flash-Thinking Meituan API pricing is $0.30 input and $1.20 output per million tokens via Meituan. Mercury 2 Inception API pricing is $0.25 input and $0.75 output per million tokens via Inception. Use those four numbers, not ChatGPT Plus or Claude Pro subscription prices, when you are comparing APIs.
Which is better for coding, LongCat-Flash-Thinking or Mercury 2?
LongCat-Flash-Thinking has a published SWE-bench Verified score of 59.4%. Mercury 2 does not have that eval on this page yet.
What is the context window for LongCat-Flash-Thinking vs Mercury 2?
LongCat-Flash-Thinking supports a 128K token context window, while Mercury 2 supports 128K tokens. Both models have the same context window size. 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, LongCat-Flash-Thinking or Mercury 2?
LongCat-Flash-Thinking leads on 3 of 4 shared benchmarks versus Mercury 2's 1 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 LongCat-Flash-Thinking or Mercury 2 better for production use?
Both LongCat-Flash-Thinking and Mercury 2 are production API models. For cost-sensitive production traffic, Mercury 2 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 LongCat-Flash-Thinking and Mercury 2 in my app?
Yes. Call LongCat-Flash-Thinking through Meituan and Mercury 2 through Inception 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 LongCat-Flash-Thinking vs Mercury 2 pricing data?
List rates are the latest published Meituan API pricing and Inception API pricing, quoted per million tokens. Official rate sheets: https://anotherwrapper.com/tools/llm-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 LongCat-Flash-Thinking and Mercury 2?
LongCat-Flash-Thinking supports up to 128K output tokens per request, while Mercury 2 supports up to 8K 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, LongCat-Flash-Thinking or Mercury 2?
LongCat-Flash-Thinking runs at approximately 100 tokens/second while Mercury 2 runs at 1009 tokens/second. Mercury 2 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 LongCat-Flash-Thinking vs Mercury 2 comparison?
Use the model pickers at the top of this LLM comparison. Search any model in the index and the URL updates. Open LongCat-Flash-Thinking or Mercury 2 from the sidebar for the single-model API pricing page, or go back to the LLM pricing table to sort by cheapest blended cost.
