Mercury vs MiniMax M2
Both have similar output pricing, while MiniMax M2 offers a larger context window. Choose Mercury or MiniMax M2 based on the trade-off between cost, context, and the benchmarks that matter for your use case.
| Spec | Mercury | MiniMax M2 |
|---|---|---|
| Provider | Inception Labs | MiniMax |
| Input / 1M tokens | — | $0.26 |
| Output / 1M tokens | — | $1.02 |
| Context window | — | 205K |
| Parameters | — | 229B |
| Open weights | No | Yes |
| Released | Feb 2025 | Oct 2025 |
| LMArena (Chatbot Arena) Elo score | 1282 | 1340 |
| SWE-bench Verified score | — | 61.0 |
| LMArena WebDev Elo score | — | 1297 |
FAQ
Is Mercury or MiniMax M2 cheaper?
Mercury and MiniMax M2 have comparable output pricing.
Which has the larger context window, Mercury or MiniMax M2?
MiniMax M2 has the larger context window (205K tokens).
Pricing is indicative — confirm with the provider before production use. Highlighted values indicate the better figure for that row.