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MiniMax M2 vs Morph V3 Large

MiniMax M2 costs 1.9x less per output token than Morph V3 Large ($1.02 vs $1.90 per million). Updated October 21, 2026; no benchmark has tested both models yet.

MiniMax M2MiniMax
Coding
No data
Overall
No data
Output $/M
$1.02
Morph V3 LargeMorph
Coding
No data
Overall
No data
Output $/M
$1.90
vs $1.02 vs $1.90 per 1M output tokens. MiniMax M2 is 1.9x cheaper.

MiniMax M2 or Morph V3 Large: which to pick

Neither model has a coding score yet, so the two cannot be ranked on coding.

Pick MiniMax M2 for output tokens 1.9x cheaper ($1.02 vs $1.90 per million).

No benchmark has tested both yet. MiniMax M2 has results on SWE-bench Verified, LMArena WebDev and LiveCodeBench (Artificial Analysis run); Morph V3 Large has none yet. Compare them on price and context instead.

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
MiniMax M2 not benchmarked, Morph V3 Large not benchmarked.
Widest category
None yet: no category has been tested on both models.
Widest single gap
None yet: no benchmark has tested both models.
Output price
MiniMax M2 $1.02 against Morph V3 Large $1.90 per million output tokens, 1.9x apart.
Context window
MiniMax M2 takes 205K tokens, Morph V3 Large 262K.

Benchmark by benchmark

Every board either model has a result on, a category to a fold; bars are each result on a 0 to 100 scale. Only one model is measured on each, so no row names a leader.

CodingDirectional onlySix of these boards feed the Vibe Coding Index8 boards measured
Coding benchmarks for MiniMax M2 and Morph V3 Large
BenchmarkMiniMax M2Morph V3 LargeLeader
SWE-bench Verified61.0%Not measuredOnly MiniMax M2 measured
LMArena WebDev1297Not measuredOnly MiniMax M2 measured
LiveCodeBench (Artificial Analysis run)82.6%Not measuredOnly MiniMax M2 measured
Terminal-Bench Hard (Artificial Analysis run)25.8%Not measuredOnly MiniMax M2 measured
Terminal-Bench30.0%Not measuredOnly MiniMax M2 measured
LMArena Text: coding1371Not measuredOnly MiniMax M2 measured
LMArena Text: software and IT1373Not measuredOnly MiniMax M2 measured
LMArena WebDev: HTML1306Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 31 boards here
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
Intelligence benchmarks for MiniMax M2 and Morph V3 Large
BenchmarkMiniMax M2Morph V3 LargeLeader
AA Intelligence Index18.6Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 1 board here
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index2 boards measured
Agentic work benchmarks for MiniMax M2 and Morph V3 Large
BenchmarkMiniMax M2Morph V3 LargeLeader
τ²-Bench Telecom86.8%Not measuredOnly MiniMax M2 measured
Vending-Bench 2$161Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 39 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index6 boards measured
Reasoning benchmarks for MiniMax M2 and Morph V3 Large
BenchmarkMiniMax M2Morph V3 LargeLeader
GPQA Diamond (Artificial Analysis run)77.7%Not measuredOnly MiniMax M2 measured
Humanity's Last Exam (Artificial Analysis run)13.7%Not measuredOnly MiniMax M2 measured
LMArena Text: hard prompts1357Not measuredOnly MiniMax M2 measured
LMArena Text: expert1338Not measuredOnly MiniMax M2 measured
LMArena Text: hard prompts in English1376Not measuredOnly MiniMax M2 measured
Kagi LLM Benchmark57.8%Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 16 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index4 boards measured
Math benchmarks for MiniMax M2 and Morph V3 Large
BenchmarkMiniMax M2Morph V3 LargeLeader
AA Math Index78.3Not measuredOnly MiniMax M2 measured
AIME 2025 (Artificial Analysis run)78.3%Not measuredOnly MiniMax M2 measured
LMArena Text: math1351Not measuredOnly MiniMax M2 measured
LMArena Text: mathematical work1368Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 9 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index5 boards measured
Knowledge benchmarks for MiniMax M2 and Morph V3 Large
BenchmarkMiniMax M2Morph V3 LargeLeader
MMLU Pro (Artificial Analysis run)82.0%Not measuredOnly MiniMax M2 measured
LMArena Text: science1348Not measuredOnly MiniMax M2 measured
LMArena Text: medicine and healthcare1367Not measuredOnly MiniMax M2 measured
LMArena Text: legal and government1349Not measuredOnly MiniMax M2 measured
LMArena Text: business and finance1336Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 13 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index7 boards measured
Web design benchmarks for MiniMax M2 and Morph V3 Large
BenchmarkMiniMax M2Morph V3 LargeLeader
Design Arena: websites1143Not measuredOnly MiniMax M2 measured
Design Arena: UI components1136Not measuredOnly MiniMax M2 measured
Design Arena: game dev1118Not measuredOnly MiniMax M2 measured
Design Arena: data viz1140Not measuredOnly MiniMax M2 measured
Design Arena: 3D1098Not measuredOnly MiniMax M2 measured
Design Arena: all code categories1135Not measuredOnly MiniMax M2 measured
Design Arena: SVG1100Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 2 boards here
GeneralDirectional onlyPublic boards, shown as published, kept out of the index17 boards measured
General benchmarks for MiniMax M2 and Morph V3 Large
BenchmarkMiniMax M2Morph V3 LargeLeader
IFBench72.3%Not measuredOnly MiniMax M2 measured
Long context reasoning (AA-LCR)64.3%Not measuredOnly MiniMax M2 measured
LMArena Text1340Not measuredOnly MiniMax M2 measured
LMArena Text: instruction following1329Not measuredOnly MiniMax M2 measured
LMArena Text: creative writing1286Not measuredOnly MiniMax M2 measured
LMArena Text: English1364Not measuredOnly MiniMax M2 measured
LMArena Text: non-English1313Not measuredOnly MiniMax M2 measured
LMArena Text: Chinese1366Not measuredOnly MiniMax M2 measured
LMArena Text: German1357Not measuredOnly MiniMax M2 measured
LMArena Text: French1336Not measuredOnly MiniMax M2 measured
LMArena Text: Spanish1326Not measuredOnly MiniMax M2 measured
LMArena Text: Russian1330Not measuredOnly MiniMax M2 measured
LMArena Text: Polish1312Not measuredOnly MiniMax M2 measured
LMArena Text: multi-turn1361Not measuredOnly MiniMax M2 measured
LMArena Text: longer queries1331Not measuredOnly MiniMax M2 measured
LMArena Text: writing and language1295Not measuredOnly MiniMax M2 measured
LMArena Text: entertainment and media1298Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 29 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

MiniMax M2$0.0008Fits in one request
Morph V3 Large$0.0019Fits in one request

MiniMax M2 costs less

Repository review

50K input + 3K output tokens

MiniMax M2$0.016Fits in one request
Morph V3 Large$0.051Fits in one request

MiniMax M2 costs less

Agent loop

200K input + 10K output tokens

MiniMax M2$0.061Exceeds the context window
Morph V3 Large$0.199Fits in one request

MiniMax M2 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 MiniMax M2 and Morph V3 Large
SpecificationMiniMax M2Morph V3 Large
MakerMiniMaxMorph
WeightsOpen weightsNo public weights listed
ReleasedOctober 23, 2025July 7, 2025
Context window205K262K
Input $/Mtok$0.255$0.90
Output $/Mtok$1.02$1.90
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it10
Cost per solved task$0.702Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M2 better than Morph V3 Large for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick MiniMax M2 for output tokens 1.9x cheaper ($1.02 vs $1.90 per million).

Which is cheaper, MiniMax M2 or Morph V3 Large?

MiniMax M2 costs $0.255 per million input tokens and $1.02 per million output tokens; Morph V3 Large costs $0.90 and $1.90. Cost per solved task is known for MiniMax M2 only.

Which has the bigger context window, MiniMax M2 or Morph V3 Large?

Morph V3 Large, with 262K tokens against 205K.

Has any benchmark tested both MiniMax M2 and Morph V3 Large?

No benchmark has tested both yet. MiniMax M2 has results on SWE-bench Verified, LMArena WebDev and LiveCodeBench (Artificial Analysis run); Morph V3 Large has none yet. Compare them on price and context instead. Data as of October 21, 2026.

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