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DeepSeek V4 Pro 0423 vs Mercury 2

Updated October 21, 2026. 35 benchmarks have a result for both. Coding is ranked on the Vibe Coding Index; every other board is shown as published.

DeepSeek V4 Pro 0423DeepSeek
Coding
35.3
Overall
30.4
Output $/M
$1.9105
35
Mercury 2Inception
Coding
0.0
Overall
10.8
Output $/M
$0.75
0
vs boards won of 35 shared

Decision reading

Pick DeepSeek V4 Pro 0423 for coding: it scores 35.3 on the Vibe Coding Index against 0.0 for Mercury 2.

Pick Mercury 2 when output tokens cost 2.5x less.

Shared results
35
DeepSeek V4 Pro 0423 only
48
Mercury 2 only
7
Like-for-like categories
7 of 9

Shared results can support a head-to-head reading. Results only one model has describe coverage, not superiority.

Which one for your work

Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.

At a glance

Coding index
DeepSeek V4 Pro 0423 35.3 from 1 benchmark, Mercury 2 0.0 from 1 benchmark.
Widest category
Web design, 25.8 points apart on average over 8 shared benchmarks.
Widest single gap
LMArena WebDev: React: DeepSeek V4 Pro 0423 1441 against Mercury 2 1160, 46.8 points apart on a 0 to 100 scale.
Output price
DeepSeek V4 Pro 0423 $1.9105 against Mercury 2 $0.75 per million output tokens, 2.5x apart.
Context window
DeepSeek V4 Pro 0423 takes 1.05M tokens, Mercury 2 128K.

Benchmark by benchmark

First the score: boards each model leads, per category, where both have a result. Then every board, a category to a fold; bars are each result on a 0 to 100 scale, so compare the two in a row, not one row with another.

Boards won, where both have a result
CategoryDeepSeek V4 Pro 0423BarsMercury 2Ties
Coding80
Intelligence10
Agentic work10
Reasoning30
Knowledge30
Web design80
General110
All shared boards350
CodingLike-for-likeFour of these boards feed the Vibe Coding Index80
Coding benchmarks for DeepSeek V4 Pro 0423 and Mercury 2
BenchmarkDeepSeek V4 Pro 0423Mercury 2Leader
LMArena WebDev14471171DeepSeek V4 Pro 0423
AA Coding Index59.431.1DeepSeek V4 Pro 0423
LiveCodeBench (Vals AI)87.5%Not measuredOnly DeepSeek V4 Pro 0423 measured
SWE-bench Verified (Vals AI)77.4%Not measuredOnly DeepSeek V4 Pro 0423 measured
Terminal-Bench 4 (Vals AI)11.1%Not measuredOnly DeepSeek V4 Pro 0423 measured
Vibe Code Bench (Vals AI)49.9%Not measuredOnly DeepSeek V4 Pro 0423 measured
Code migration (Vals AI)26.2%Not measuredOnly DeepSeek V4 Pro 0423 measured
ProgramBench (Vals AI)0.0%Not measuredOnly DeepSeek V4 Pro 0423 measured
Terminal-Bench 2.1 (Vals AI)50.2%Not measuredOnly DeepSeek V4 Pro 0423 measured
SkillsBench (Vals AI)51.3%Not measuredOnly DeepSeek V4 Pro 0423 measured
SciCodeNot measured37.7%Only Mercury 2 measured
Terminal-Bench Hard (Artificial Analysis run)Not measured26.5%Only Mercury 2 measured
FrontierCode17.6%Not measuredOnly DeepSeek V4 Pro 0423 measured
WeirdML48.9%43.2%DeepSeek V4 Pro 0423
ALE-Bench1006.1785.6DeepSeek V4 Pro 0423
LMArena Text: coding14701390DeepSeek V4 Pro 0423
LMArena Text: software and IT14691385DeepSeek V4 Pro 0423
LMArena WebDev: React14411160DeepSeek V4 Pro 0423
LMArena WebDev: HTML14351199DeepSeek V4 Pro 0423
Neither model has a result on the other 19 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index10
Intelligence benchmarks for DeepSeek V4 Pro 0423 and Mercury 2
BenchmarkDeepSeek V4 Pro 0423Mercury 2Leader
AA Intelligence Index30.410.8DeepSeek V4 Pro 0423
Epoch Capabilities Index149.1Not measuredOnly DeepSeek V4 Pro 0423 measured
Agentic workLike-for-likePublic boards, shown as published, kept out of the index10
Agentic work benchmarks for DeepSeek V4 Pro 0423 and Mercury 2
BenchmarkDeepSeek V4 Pro 0423Mercury 2Leader
AA Agentic Index26.31.6DeepSeek V4 Pro 0423
Design Arena: agents building web apps1000Not measuredOnly DeepSeek V4 Pro 0423 measured
Design Arena: agents building full-stack apps948Not measuredOnly DeepSeek V4 Pro 0423 measured
Design Arena: agents building Godot games1059Not measuredOnly DeepSeek V4 Pro 0423 measured
Finance Agent (Vals AI)44.1%Not measuredOnly DeepSeek V4 Pro 0423 measured
Tax Agent Bench (Vals AI)25.2%Not measuredOnly DeepSeek V4 Pro 0423 measured
Legal Research Bench (Vals AI)23.1%Not measuredOnly DeepSeek V4 Pro 0423 measured
Excel Modeling Benchmark (Vals AI)51.6%Not measuredOnly DeepSeek V4 Pro 0423 measured
τ²-Bench TelecomNot measured70.8%Only Mercury 2 measured
Vending-Bench 2$3,285Not measuredOnly DeepSeek V4 Pro 0423 measured
Neither model has a result on the other 29 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index30
Reasoning benchmarks for DeepSeek V4 Pro 0423 and Mercury 2
BenchmarkDeepSeek V4 Pro 0423Mercury 2Leader
GPQA Diamond89.4%Not measuredOnly DeepSeek V4 Pro 0423 measured
GPQA Diamond (Artificial Analysis run)Not measured77.0%Only Mercury 2 measured
Humanity's Last Exam (Artificial Analysis run)Not measured17.1%Only Mercury 2 measured
GPQA Diamond (Epoch AI run)90.9%Not measuredOnly DeepSeek V4 Pro 0423 measured
Chess puzzles19.0%Not measuredOnly DeepSeek V4 Pro 0423 measured
Mystery game puzzles17.0%Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: hard prompts14611362DeepSeek V4 Pro 0423
LMArena Text: expert14631358DeepSeek V4 Pro 0423
LMArena Text: hard prompts in English14661374DeepSeek V4 Pro 0423
Neither model has a result on the other 12 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index6 boards, none shared
Math benchmarks for DeepSeek V4 Pro 0423 and Mercury 2
BenchmarkDeepSeek V4 Pro 0423Mercury 2Leader
OTIS Mock AIME96.7%Not measuredOnly DeepSeek V4 Pro 0423 measured
FrontierMath, tiers 1 to 345.3%Not measuredOnly DeepSeek V4 Pro 0423 measured
FrontierMath, tier 42.4%Not measuredOnly DeepSeek V4 Pro 0423 measured
ProofBench16.0%Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: math1443Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: mathematical work1455Not measuredOnly DeepSeek V4 Pro 0423 measured
Neither model has a result on the other 7 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index30
Knowledge benchmarks for DeepSeek V4 Pro 0423 and Mercury 2
BenchmarkDeepSeek V4 Pro 0423Mercury 2Leader
MMLU Pro87.3%Not measuredOnly DeepSeek V4 Pro 0423 measured
LegalBench (Vals AI)80.3%Not measuredOnly DeepSeek V4 Pro 0423 measured
CaseLaw (Vals AI)59.4%Not measuredOnly DeepSeek V4 Pro 0423 measured
CorpFin (Vals AI)61.4%Not measuredOnly DeepSeek V4 Pro 0423 measured
TaxEval (Vals AI)72.1%Not measuredOnly DeepSeek V4 Pro 0423 measured
MedCode (Vals AI)40.5%Not measuredOnly DeepSeek V4 Pro 0423 measured
SimpleQA Verified47.0%Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: science14701343DeepSeek V4 Pro 0423
LMArena Text: medicine and healthcare14661363DeepSeek V4 Pro 0423
LMArena Text: legal and government1464Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: business and finance14431349DeepSeek V4 Pro 0423
Neither model has a result on the other 6 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index80
Web design benchmarks for DeepSeek V4 Pro 0423 and Mercury 2
BenchmarkDeepSeek V4 Pro 0423Mercury 2Leader
Design Arena: websites12351036DeepSeek V4 Pro 0423
Design Arena: UI components1221998DeepSeek V4 Pro 0423
Design Arena: game dev1229985DeepSeek V4 Pro 0423
Design Arena: data viz12031009DeepSeek V4 Pro 0423
Design Arena: 3D1254982DeepSeek V4 Pro 0423
Design Arena: all code categories12401022DeepSeek V4 Pro 0423
Design Arena: SVG1139998DeepSeek V4 Pro 0423
Design Arena: ASCII art1148990DeepSeek V4 Pro 0423
Neither model has a result on the other 1 board here
GeneralLike-for-likePublic boards, shown as published, kept out of the index110
General benchmarks for DeepSeek V4 Pro 0423 and Mercury 2
BenchmarkDeepSeek V4 Pro 0423Mercury 2Leader
Public Benefits Bench (Vals AI)62.9%Not measuredOnly DeepSeek V4 Pro 0423 measured
MedScribe (Vals AI)75.1%Not measuredOnly DeepSeek V4 Pro 0423 measured
IFBenchNot measured69.8%Only Mercury 2 measured
Long context reasoning (AA-LCR)Not measured43.7%Only Mercury 2 measured
DTBench90.7%Not measuredOnly DeepSeek V4 Pro 0423 measured
LMCA41.2%Not measuredOnly DeepSeek V4 Pro 0423 measured
Surface Evolver Bench40.0%Not measuredOnly DeepSeek V4 Pro 0423 measured
CL-bench Life13.5%Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text14511354DeepSeek V4 Pro 0423
LMArena Text: instruction following14451328DeepSeek V4 Pro 0423
LMArena Text: creative writing14461286DeepSeek V4 Pro 0423
LMArena Text: English14591378DeepSeek V4 Pro 0423
LMArena Text: non-English14391330DeepSeek V4 Pro 0423
LMArena Text: Chinese14811414DeepSeek V4 Pro 0423
LMArena Text: German1458Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: Japanese1446Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: Korean1409Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: French1473Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: Spanish1457Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: Russian14531304DeepSeek V4 Pro 0423
LMArena Text: Polish1461Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: multi-turn14681357DeepSeek V4 Pro 0423
LMArena Text: longer queries14581329DeepSeek V4 Pro 0423
LMArena Text: writing and language14471300DeepSeek V4 Pro 0423
LMArena Text: entertainment and media14311314DeepSeek V4 Pro 0423
Neither model has a result on the other 21 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for DeepSeek V4 Pro 0423 and Mercury 2
BenchmarkDeepSeek V4 Pro 0423Mercury 2Leader
Neither model has a result on 5 boards here

What each workload costs

Three fixed token mixes at each model's listed price, so per-token rates become a bill.

Chat turn

1K input + 500 output tokens

DeepSeek V4 Pro 0423$0.0019Fits in one request
Mercury 2$0.0006Fits in one request

Mercury 2 costs less

Repository review

50K input + 3K output tokens

DeepSeek V4 Pro 0423$0.053Fits in one request
Mercury 2$0.015Fits in one request

Mercury 2 costs less

Agent loop

200K input + 10K output tokens

DeepSeek V4 Pro 0423$0.210Fits in one request
Mercury 2$0.058Exceeds the context window

Mercury 2 costs less

Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.

Specification differences

The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.

Specifications of DeepSeek V4 Pro 0423 and Mercury 2
SpecificationDeepSeek V4 Pro 0423Inception Mercury 2
MakerDeepSeekInception
WeightsOpen weightsNo public weights listed
ReleasedApril 24, 2026March 4, 2026
Context window1.05M128K
Input $/Mtok$0.9553$0.25
Output $/Mtok$1.9105$0.75
Coding index35.30.0
Independent measurements behind it11
Cost per solved task$0.57Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is DeepSeek V4 Pro 0423 better than Mercury 2 for coding?

Pick DeepSeek V4 Pro 0423 for coding: it scores 35.3 on the Vibe Coding Index against 0.0 for Mercury 2. Pick Mercury 2 when output tokens cost 2.5x less.

Which is cheaper, DeepSeek V4 Pro 0423 or Mercury 2?

DeepSeek V4 Pro 0423 costs $0.9553 per million input tokens and $1.9105 per million output tokens; Mercury 2 costs $0.25 and $0.75. Cost per solved task is known for DeepSeek V4 Pro 0423 only.

Which has the bigger context window, DeepSeek V4 Pro 0423 or Mercury 2?

DeepSeek V4 Pro 0423, with 1.05M tokens against 128K.

How many benchmarks is the DeepSeek V4 Pro 0423 vs Mercury 2 comparison based on?

35 benchmarks have a result for both models as of October 21, 2026. DeepSeek V4 Pro 0423's coding index rests on 1 independent benchmark and Mercury 2's on 1. Where only one model has a result, the page says so instead of naming a winner.

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