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  1. Home
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  3. Compare

DeepSeek V3.2 vs MiniMax M2

Compare DeepSeek V3.2 from DeepSeek and MiniMax M2 from MiniMax on key metrics including benchmarks, price, context length, and other model features. Access both models and hundreds of others through the OpenRouter API.

Favicon for deepseek
DeepSeek V3.2
Favicon for minimax
MiniMax M2
Favicon for deepseek
DeepSeek V3.2
Favicon for minimax
MiniMax M2

Overview

DeepSeek V3.2
Author
DeepSeek
MiniMax M2
Author
MiniMax
DeepSeek V3.2
Context length
164Ktokens
MiniMax M2
Context length
205Ktokens
DeepSeek V3.2
Reasoning
MiniMax M2
Reasoning
DeepSeek V3.2
Input modalities
MiniMax M2
Input modalities
DeepSeek V3.2
Output modalities
MiniMax M2
Output modalities

DeepSeek V3.2 vs MiniMax M2: side-by-side summary

DeepSeek V3.2 and MiniMax M2 are available through the OpenRouter API, so switching between them takes a model slug change rather than a new integration.

DeepSeek V3.2, from DeepSeek, has a 163,840-token context window and is priced at $0.2088/M tokens input, $0.3096/M tokens output on OpenRouter.

MiniMax M2, from MiniMax, has a 204,800-token context window and is priced at $0.255/M tokens input, $1.02/M tokens output on OpenRouter.

Context window
  • DeepSeek V3.2: 163,840 tokens
  • MiniMax M2: 204,800 tokens
Price
  • DeepSeek V3.2: $0.2088/M tokens input, $0.3096/M tokens output
  • MiniMax M2: $0.255/M tokens input, $1.02/M tokens output
Provided by
  • DeepSeek V3.2: DeepSeek
  • MiniMax M2: MiniMax
  • DeepSeek V3.2 model details, providers and pricing
  • MiniMax M2 model details, providers and pricing

DeepSeek V3.2 vs MiniMax M2 at a glance

DeepSeek V3.2 vs MiniMax M2 comparison
AttributeDeepSeek V3.2MiniMax M2
Input price$0.2088/M tokens$0.255/M tokens
Output price$0.3096/M tokens$1.02/M tokens
Context window163,840 tokens204,800 tokens
Intelligence Index21.518.6
Coding Index44.2Not available
Agentic IndexNot availableNot available
Latency (p50)1.46 s1.24 s
Throughput (p50)55.0 tok/s54.0 tok/s

Benchmark data updated Oct 5, 2026

Frequently asked questions

Is DeepSeek V3.2 cheaper than MiniMax M2?

DeepSeek V3.2 is cheaper than MiniMax M2 on OpenRouter: DeepSeek V3.2 costs $0.2088/M tokens input and $0.3096/M tokens output, while MiniMax M2 costs $0.255/M tokens input and $1.02/M tokens output.

Which has the longer context window, DeepSeek V3.2 or MiniMax M2?

MiniMax M2 has the longer context window at 204,800 tokens, compared with 163,840 tokens for DeepSeek V3.2.

Which is faster, DeepSeek V3.2 or MiniMax M2?

DeepSeek V3.2 is faster on OpenRouter, generating a median 55.0 tokens per second compared with 54.0 tokens per second for MiniMax M2.