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MiniMax M3 (Consensus Protocol) vs MiniMax M2

MiniMax M2 is cheaper on output tokens, while MiniMax M3 (Consensus Protocol) offers a larger context window. Choose MiniMax M3 (Consensus Protocol) or MiniMax M2 based on the trade-off between cost, context, and the benchmarks that matter for your use case.

SpecMiniMax M3 (Consensus Protocol)MiniMax M2
ProviderLLM GatewayMiniMax
Input / 1M tokens$0.28$0.26
Output / 1M tokens$1.10$1.02
Context window1M205K
Parameters—229B
Open weightsYesYes
ReleasedJun 2026Oct 2025
SWE-bench Verified score—61.0
LMArena (Chatbot Arena) Elo score—1340
LMArena WebDev Elo score—1297

FAQ

Is MiniMax M3 (Consensus Protocol) or MiniMax M2 cheaper?

MiniMax M2 is cheaper on output tokens ($1.02 vs $1.10 per 1M).

Which has the larger context window, MiniMax M3 (Consensus Protocol) or MiniMax M2?

MiniMax M3 (Consensus Protocol) has the larger context window (1M tokens).

Pricing is indicative — confirm with the provider before production use. Highlighted values indicate the better figure for that row.