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MiniMax M2 vs Qwen3.7 Max

Qwen3.7 Max leads MiniMax M2 on the Artificial Analysis Intelligence Index, 29.5 to 18.6, and MiniMax M2 costs 4.3x less per output token ($1.02 vs $4.425 per million). Updated October 22, 2026; 16 benchmarks have a result for both.

MiniMax M2MiniMax
Coding
No data
Overall
No data
Output $/M
$1.02
0
Qwen3.7 MaxQwen
Coding
54.1
Overall
61.7
Output $/M
$4.425
16
vs boards won of 16 shared

MiniMax M2 or Qwen3.7 Max: which to pick

Only Qwen3.7 Max has a coding score, 54.1 on the Vibe Coding Index; MiniMax M2 has none, so the two cannot be ranked on coding.

Pick MiniMax M2 for output tokens 4.3x cheaper ($1.02 vs $4.425 per million) and a lower cost per solved task ($0.702 against $4.69).

Shared results
16
MiniMax M2 only
34
Qwen3.7 Max only
43
Like-for-like categories
6 of 9

Only benchmarks that tested both models count toward a pick; a result only one model has is shown but not compared.

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, Qwen3.7 Max 54.1 from 3 benchmarks.
Widest category
Coding, 30.1 points apart on average over 3 shared benchmarks.
Widest single gap
LMArena WebDev: HTML: MiniMax M2 1306 against Qwen3.7 Max 1512, 34.2 points apart on a 0 to 100 scale.
Output price
MiniMax M2 $1.02 against Qwen3.7 Max $4.425 per million output tokens, 4.3x apart.
Context window
MiniMax M2 takes 205K tokens, Qwen3.7 Max 1M.

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
CategoryMiniMax M2BarsQwen3.7 MaxTies
Coding03
Intelligence01
Agentic work01
Reasoning02
Web design07
General02
All shared boards016
CodingLike-for-likeSix of these boards feed the Vibe Coding Index03
Coding benchmarks for MiniMax M2 and Qwen3.7 Max
BenchmarkMiniMax M2Qwen3.7 MaxLeader
SWE-bench Verified61.0%Not measuredOnly MiniMax M2 measured
LMArena WebDev12971515Qwen3.7 Max
AA Coding IndexNot measured66.0Only Qwen3.7 Max measured
LiveCodeBench (Vals AI)Not measured87.1%Only Qwen3.7 Max measured
SWE-bench Verified (Vals AI)Not measured68.8%Only Qwen3.7 Max measured
Vibe Code Bench (Vals AI)Not measured47.7%Only Qwen3.7 Max measured
Code migration (Vals AI)Not measured13.1%Only Qwen3.7 Max measured
Terminal-Bench 2.1 (Vals AI)Not measured61.0%Only Qwen3.7 Max measured
LiveCodeBench (Artificial Analysis run)82.6%Not measuredOnly MiniMax M2 measured
SciCodeNot measured49.5%Only Qwen3.7 Max measured
Terminal-Bench Hard (Artificial Analysis run)25.8%50.8%Qwen3.7 Max
Terminal-Bench30.0%Not measuredOnly MiniMax M2 measured
ALE-BenchNot measured1189.4Only Qwen3.7 Max measured
LMArena Text: coding1371Not measuredOnly MiniMax M2 measured
LMArena Text: software and IT1373Not measuredOnly MiniMax M2 measured
LMArena WebDev: ReactNot measured1514Only Qwen3.7 Max measured
LMArena WebDev: HTML13061512Qwen3.7 Max
Neither model has a result on the other 22 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for MiniMax M2 and Qwen3.7 Max
BenchmarkMiniMax M2Qwen3.7 MaxLeader
AA Intelligence Index18.629.5Qwen3.7 Max
Epoch Capabilities IndexNot measured154.0Only Qwen3.7 Max measured
Agentic workLike-for-likePublic boards, shown as published, kept out of the index01
Agentic work benchmarks for MiniMax M2 and Qwen3.7 Max
BenchmarkMiniMax M2Qwen3.7 MaxLeader
AA Agentic IndexNot measured22.5Only Qwen3.7 Max measured
Design Arena: agents building web appsNot measured1208Only Qwen3.7 Max measured
Design Arena: agents building full-stack appsNot measured1191Only Qwen3.7 Max measured
Design Arena: agents building mobile appsNot measured1155Only Qwen3.7 Max measured
Design Arena: agents building Android appsNot measured1159Only Qwen3.7 Max measured
Design Arena: agents building Godot gamesNot measured1187Only Qwen3.7 Max measured
Design Arena: agents building gamesNot measured1161Only Qwen3.7 Max measured
Design Arena: HTML slidesNot measured1108Only Qwen3.7 Max measured
Design Arena: PowerPoint slidesNot measured1171Only Qwen3.7 Max measured
Finance Agent (Vals AI)Not measured47.8%Only Qwen3.7 Max measured
Tax Agent Bench (Vals AI)Not measured15.8%Only Qwen3.7 Max measured
Legal Research Bench (Vals AI)Not measured25.5%Only Qwen3.7 Max measured
Excel Modeling Benchmark (Vals AI)Not measured57.0%Only Qwen3.7 Max measured
τ²-Bench Telecom86.8%94.7%Qwen3.7 Max
Vending-Bench 2$161Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 26 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index02
Reasoning benchmarks for MiniMax M2 and Qwen3.7 Max
BenchmarkMiniMax M2Qwen3.7 MaxLeader
GPQA DiamondNot measured90.2%Only Qwen3.7 Max measured
GPQA Diamond (Artificial Analysis run)77.7%92.3%Qwen3.7 Max
Humanity's Last Exam (Artificial Analysis run)13.7%40.5%Qwen3.7 Max
GPQA Diamond (Epoch AI run)Not measured90.9%Only Qwen3.7 Max measured
SimpleBenchNot measured70.4%Only Qwen3.7 Max measured
Chess puzzlesNot measured26.0%Only Qwen3.7 Max measured
Mystery game puzzlesNot measured32.0%Only Qwen3.7 Max measured
EBR-benchNot measured9.5%Only Qwen3.7 Max 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 10 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
Math benchmarks for MiniMax M2 and Qwen3.7 Max
BenchmarkMiniMax M2Qwen3.7 MaxLeader
AA Math Index78.3Not measuredOnly MiniMax M2 measured
AIME 2025 (Artificial Analysis run)78.3%Not measuredOnly MiniMax M2 measured
OTIS Mock AIMENot measured95.6%Only Qwen3.7 Max measured
FrontierMath, tiers 1 to 3Not measured64.6%Only Qwen3.7 Max measured
FrontierMath, tier 4Not measured34.1%Only Qwen3.7 Max measured
ProofBenchNot measured26.0%Only Qwen3.7 Max measured
LMArena Text: math1351Not measuredOnly MiniMax M2 measured
LMArena Text: mathematical work1368Not measuredOnly MiniMax M2 measured
Neither model has a result on the other 5 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index11 boards, none shared
Knowledge benchmarks for MiniMax M2 and Qwen3.7 Max
BenchmarkMiniMax M2Qwen3.7 MaxLeader
MMLU ProNot measured89.3%Only Qwen3.7 Max measured
LegalBench (Vals AI)Not measured84.9%Only Qwen3.7 Max measured
CorpFin (Vals AI)Not measured63.7%Only Qwen3.7 Max measured
TaxEval (Vals AI)Not measured75.3%Only Qwen3.7 Max measured
MedCode (Vals AI)Not measured38.8%Only Qwen3.7 Max measured
MMLU Pro (Artificial Analysis run)82.0%Not measuredOnly MiniMax M2 measured
SimpleQA VerifiedNot measured55.8%Only Qwen3.7 Max 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 7 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index07
Web design benchmarks for MiniMax M2 and Qwen3.7 Max
BenchmarkMiniMax M2Qwen3.7 MaxLeader
Design Arena: websites11431274Qwen3.7 Max
Design Arena: UI components11371267Qwen3.7 Max
Design Arena: game dev11181264Qwen3.7 Max
Design Arena: data viz11401275Qwen3.7 Max
Design Arena: 3D10981265Qwen3.7 Max
Design Arena: all code categories11351275Qwen3.7 Max
Design Arena: SVG11001216Qwen3.7 Max
Design Arena: ASCII artNot measured1211Only Qwen3.7 Max measured
Neither model has a result on the other 1 board here
GeneralLike-for-likePublic boards, shown as published, kept out of the index02
General benchmarks for MiniMax M2 and Qwen3.7 Max
BenchmarkMiniMax M2Qwen3.7 MaxLeader
MedScribe (Vals AI)Not measured79.4%Only Qwen3.7 Max measured
IFBench72.3%80.5%Qwen3.7 Max
Long context reasoning (AA-LCR)64.3%79.0%Qwen3.7 Max
DTBenchNot measured92.3%Only Qwen3.7 Max measured
LMCANot measured44.0%Only Qwen3.7 Max 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 26 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for MiniMax M2 and Qwen3.7 Max
BenchmarkMiniMax M2Qwen3.7 MaxLeader
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

MiniMax M2$0.0008Fits in one request
Qwen3.7 Max$0.0037Fits in one request

MiniMax M2 costs less

Repository review

50K input + 3K output tokens

MiniMax M2$0.016Fits in one request
Qwen3.7 Max$0.087Fits in one request

MiniMax M2 costs less

Agent loop

200K input + 10K output tokens

MiniMax M2$0.061Exceeds the context window
Qwen3.7 Max$0.339Fits 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 Qwen3.7 Max
SpecificationMiniMax M2Qwen3.7 Max
MakerMiniMaxQwen
WeightsOpen weightsNo public weights listed
ReleasedOctober 23, 2025May 21, 2026
Context window205K1M
Input $/Mtok$0.255$1.475
Output $/Mtok$1.02$4.425
Coding indexNot benchmarked54.1
Independent measurements behind it13
Cost per solved task$0.702$4.69
SourceOpenRouter listingOpenRouter listing

Questions

Is MiniMax M2 better than Qwen3.7 Max for coding?

Only Qwen3.7 Max has a coding score, 54.1 on the Vibe Coding Index; MiniMax M2 has none, so the two cannot be ranked on coding. Pick MiniMax M2 for output tokens 4.3x cheaper ($1.02 vs $4.425 per million) and a lower cost per solved task ($0.702 against $4.69).

Which is cheaper, MiniMax M2 or Qwen3.7 Max?

MiniMax M2 costs $0.255 per million input tokens and $1.02 per million output tokens; Qwen3.7 Max costs $1.475 and $4.425. Per solved SWE-bench Verified task, MiniMax M2 costs $0.702 and Qwen3.7 Max $4.69.

Which has the bigger context window, MiniMax M2 or Qwen3.7 Max?

Qwen3.7 Max, with 1M tokens against 205K.

How many benchmarks is the MiniMax M2 vs Qwen3.7 Max comparison based on?

16 benchmarks have a result for both models as of October 22, 2026. MiniMax M2's coding index rests on 1 independent benchmark and Qwen3.7 Max's on 3. Where only one model has a result, the page says so instead of naming a winner.

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