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Hermes 4 405B vs Fugu Max

Hermes 4 405B costs 2.0x less per output token than Fugu Max ($3.00 vs $6.00 per million). Updated October 23, 2026; no benchmark has tested both models yet.

N Hermes 4 405BNous Research
Coding
No data
Overall
No data
Output $/M
$3.00
Fugu MaxSakana
Coding
No data
Overall
No data
Output $/M
$6.00
vs $3.00 vs $6.00 per 1M output tokens. Hermes 4 405B is 2.0x cheaper.

Hermes 4 405B or Fugu Max: which to pick

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

Pick Hermes 4 405B for output tokens 2.0x cheaper ($3.00 vs $6.00 per million).

No benchmark has tested both yet. Hermes 4 405B has results on AA Intelligence Index and Kagi LLM Benchmark; Fugu Max 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
Hermes 4 405B not benchmarked, Fugu Max 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
Hermes 4 405B $3.00 against Fugu Max $6.00 per million output tokens, 2.0x apart.
Context window
Hermes 4 405B takes 131K tokens, Fugu Max 1M.

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.

IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
Intelligence benchmarks for Hermes 4 405B and Fugu Max
BenchmarkHermes 4 405BFugu MaxLeader
AA Intelligence Index7.5Not measuredOnly Hermes 4 405B measured
Neither model has a result on the other 1 board here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
Reasoning benchmarks for Hermes 4 405B and Fugu Max
BenchmarkHermes 4 405BFugu MaxLeader
Kagi LLM Benchmark55.8%Not measuredOnly Hermes 4 405B measured
Neither model has a result on the other 22 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

Hermes 4 405B$0.0025Fits in one request
Fugu Max$0.0050Fits in one request

Hermes 4 405B costs less

Repository review

50K input + 3K output tokens

Hermes 4 405B$0.059Fits in one request
Fugu Max$0.118Fits in one request

Hermes 4 405B costs less

Agent loop

200K input + 10K output tokens

Hermes 4 405B$0.230Exceeds the context window
Fugu Max$0.460Fits in one request

Hermes 4 405B 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 Hermes 4 405B and Fugu Max
SpecificationNous Hermes 4 405BSakana Fugu Max
MakerNous ResearchSakana
WeightsOpen weightsNo public weights listed
ReleasedAugust 26, 2025September 11, 2026
Context window131K1M
Input $/Mtok$1.00$2.00
Output $/Mtok$3.00$6.00
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it00
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is Hermes 4 405B better than Fugu Max for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick Hermes 4 405B for output tokens 2.0x cheaper ($3.00 vs $6.00 per million).

Which is cheaper, Hermes 4 405B or Fugu Max?

Hermes 4 405B costs $1.00 per million input tokens and $3.00 per million output tokens; Fugu Max costs $2.00 and $6.00. Cost per solved task is known for neither of them.

Which has the bigger context window, Hermes 4 405B or Fugu Max?

Fugu Max, with 1M tokens against 131K.

Has any benchmark tested both Hermes 4 405B and Fugu Max?

No benchmark has tested both yet. Hermes 4 405B has results on AA Intelligence Index and Kagi LLM Benchmark; Fugu Max has none yet. Compare them on price and context instead. Data as of October 23, 2026.

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