> MiniMax-M2 is an open-weights AI model from MiniMax, released 27 Oct 2025. API price $0.30 in / $1.2 out per million tokens, 205K context.

[Models](https://themodelindex.org/models/) /[MiniMax](https://themodelindex.org/labs/minimax/)

# MiniMax-M2

MiniMax

Released 27 Oct 2025

Open

[Compare](https://themodelindex.org/compare/minimax-m2-vs-gemini-3-pro/)

–

Index score

Not yet evaluated independently

1/ 8

Core tests taken

1 of 6 areas · plus 0 anchor tests

–

Versus the frontier at release

Replaced by [MiniMax-M2.1](https://themodelindex.org/models/minimax-m2-1/)

$0.30/ $1.2

Price per million tokens

input / output, list price

205K

Context window

tokens it reads at once

## Where it sits · on the frontier

_Chart: Model Index score of every scored model since late 2022, with the best closed and best open model over time_

Gemini 2.5 Pro reached this score 7 months earlier.

## Test results · by area · tick = best by any model

Reasoning & knowledge

no evidence yet

GPQA Diamond

no result

Humanity's Last Exam

no result

Maths

no evidence yet

FrontierMath T1-3

no result

Coding

evidence

SWE-bench Verified

no result

Terminal-Bench

30%

Agents

no evidence yet

APEX-Agents

no result

Novel problems

no evidence yet

ARC-AGI-2

no result

Long tasks

no evidence yet

METR time horizon

no result

Independent results from the Epoch AI benchmarking hub, best reasoning setting. The core tests are shown here; anchor tests also inform the score and can be shown above.

## What others say · rank on each leaderboard

LMArena · Maths

maths questions in chat

#189

of 373 · 1350

LMArena · Text

overall chat quality, judged by people

#202

of 388 · 1343

LMArena · Coding

coding questions in chat

#208

of 383 · 1381

LMArena · Creative writing

creative writing

#232

of 386 · 1285

LMArena · WebDev

building web apps and front ends

#104

of 123 · 1297

Further left is better. Leaderboards measure different things: LMArena is people voting blind between two answers, the others are test scores. Click any row for the source.

## Best at · top three among current models

Replaced by MiniMax-M2.1; it no longer leads any category among current models.

Where this model places in the top three of today's models, on category leaderboards and on our core tests.

## Where to use it · prices checked 1 Oct 2026

#### From the lab

MiniMax Agent

app · subscription

↗

MiniMax API

API

↗

#### API providers · 3 · per million tokens, in / out

M

Minimax

$0.26 / $1.02 · fp8

cheapest

G

Google

$0.30 / $1.2

↗

N

Novita

$0.30 / $1.2 · fp8

↗

#### Run it yourself

🤗

Official weights

MiniMaxAI/MiniMax-M2

↗

Provider prices come from OpenRouter's live listing; going direct to a provider can differ. Subscriptions are the lab's own apps.

## Facts and sources

Released

27 Oct 2025

Announcement

not linked yet

Release entry

MiniMax-M2

Scored as

MiniMax-M2

Artificial Analysis index

–

Output speed

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Hugging Face

[MiniMaxAI/MiniMax-M2 ↗](https://huggingface.co/MiniMaxAI/MiniMax-M2)

## MiniMax releases · around this one

MiniMax-01

Open

15 JAN 2025

MiniMax-M1

Open

16 JUN 2025

MiniMax-M2

Open

27 OCT 2025

MiniMax-M2.1

Open

23 DEC 2025

MiniMax-M2.5

Open

12 FEB 2026

index 146

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Source: https://themodelindex.org/models/minimax-m2/ · The Model Index · data as of 2026-10-01