Fugu Max vs Hy4
Hy4 costs 4.8x less per output token than Fugu Max ($1.2505 vs $6.00 per million). Updated November 14, 2026; no benchmark has tested both models yet.
- Coding
- No data
- Overall
- No data
- Output $/M
- $6.00
- Coding
- 65.2
- Overall
- No data
- Output $/M
- $1.2505
Fugu Max or Hy4: which to pick
Only Hy4 has a coding score, 65.2 on the Vibe Coding Index; Fugu Max has none, so the two cannot be ranked on coding.
Compare them on price, context and the boards below.
No benchmark has tested both yet. Fugu Max has none yet; Hy4 on Terminal-Bench 4 (Vals AI), Vibe Code Bench (Vals AI) and Terminal-Bench 4.0 (Artificial Analysis run). 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.
Coding
Vibe Coding Index, six public coding benchmarks
No call
Only Hy4 has a coding score, so no call is made.
One side not measured
Intelligence
AA Intelligence Index
No call
Only Hy4 has a AA Intelligence Index result, 34.6.
Directional only
Web design
Design Arena: websites
No call
Only Hy4 has a Design Arena: websites result, 1251.
Directional only
General
Vals Index
No call
Only Hy4 has a Vals Index result, 59.4%.
Directional only
Long documents
Listed context window
Hy4
Hy4 takes 1.05M tokens against 1M.
Listed by OpenRouter
Everyday cost
1K input + 500 output tokens
Hy4
Fugu Max $0.0050, Hy4 $0.0010 per turn.
List prices
At a glance
- Coding index
- Fugu Max not benchmarked, Hy4 65.2 from 2 benchmarks.
- 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
- Fugu Max $6.00 against Hy4 $1.2505 per million output tokens, 4.8x apart.
- Context window
- Fugu Max takes 1M tokens, Hy4 1.05M.
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 Index6 boards measured
| Benchmark | Fugu Max | Hy4 | Leader |
|---|---|---|---|
| Terminal-Bench 4 (Vals AI) | Not measured | 39.4% | Only Hy4 measured |
| Vibe Code Bench (Vals AI) | Not measured | 81.0% | Only Hy4 measured |
| Terminal-Bench 4.0 (Artificial Analysis run) | Not measured | 37.4% | Only Hy4 measured |
| FrontierCode 2.0 | Not measured | 31.4% | Only Hy4 measured |
| GameBench 2 | Not measured | 48.7 | Only Hy4 measured |
| Terminal-Bench 4.0 | Not measured | 39.1% | Only Hy4 measured |
| Neither model has a result on the other 46 boards here | |||
IntelligenceDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
| Benchmark | Fugu Max | Hy4 | Leader |
|---|---|---|---|
| AA Intelligence Index | Not measured | 34.6 | Only Hy4 measured |
| Neither model has a result on the other 1 board here | |||
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index3 boards measured
| Benchmark | Fugu Max | Hy4 | Leader |
|---|---|---|---|
| Tax Agent Bench (Vals AI) | Not measured | 34.4% | Only Hy4 measured |
| Legal Research Bench (Vals AI) | Not measured | 41.4% | Only Hy4 measured |
| Harvey's Legal Agent Benchmark (Vals AI) | Not measured | 12.5% | Only Hy4 measured |
| Neither model has a result on the other 41 boards here | |||
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index2 boards measured
| Benchmark | Fugu Max | Hy4 | Leader |
|---|---|---|---|
| HLE-Diamond (Artificial Analysis run) | Not measured | 32.7% | Only Hy4 measured |
| CritPt v2, hard subset (Artificial Analysis run) | Not measured | 39.0% | Only Hy4 measured |
| Neither model has a result on the other 24 boards here | |||
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
| Benchmark | Fugu Max | Hy4 | Leader |
|---|---|---|---|
| AA-Omniscience | Not measured | 5.4 | Only Hy4 measured |
| Neither model has a result on the other 20 boards here | |||
Web designDirectional onlyPublic boards, shown as published, kept out of the index5 boards measured
| Benchmark | Fugu Max | Hy4 | Leader |
|---|---|---|---|
| Design Arena: websites | Not measured | 1251 | Only Hy4 measured |
| Design Arena: UI components | Not measured | 1197 | Only Hy4 measured |
| Design Arena: game dev | Not measured | 1271 | Only Hy4 measured |
| Design Arena: 3D | Not measured | 1251 | Only Hy4 measured |
| Design Arena: all code categories | Not measured | 1254 | Only Hy4 measured |
| Neither model has a result on the other 4 boards here | |||
GeneralDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
| Benchmark | Fugu Max | Hy4 | Leader |
|---|---|---|---|
| Vals Index | Not measured | 59.4% | Only Hy4 measured |
| Neither model has a result on the other 48 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
Hy4 costs less
Repository review
50K input + 3K output tokens
Hy4 costs less
Agent loop
200K input + 10K output tokens
Hy4 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.
| Specification | Sakana Fugu Max | Tencent Hy4 |
|---|---|---|
| Maker | Sakana | Tencent |
| Weights | No public weights listed | Open weights |
| Released | September 11, 2026 | November 4, 2026 |
| Context window | 1M | 1.05M |
| Input $/Mtok | $2.00 | $0.417 |
| Output $/Mtok | $6.00 | $1.2505 |
| Coding index | Not benchmarked | 65.2 |
| Independent measurements behind it | 0 | 2 |
| Cost per solved task | Not computable | Not computable |
| Source | OpenRouter listing | OpenRouter listing |
Questions
Is Fugu Max better than Hy4 for coding?
Only Hy4 has a coding score, 65.2 on the Vibe Coding Index; Fugu Max has none, so the two cannot be ranked on coding. Compare them on price, context and the boards below.
Which is cheaper, Fugu Max or Hy4?
Fugu Max costs $2.00 per million input tokens and $6.00 per million output tokens; Hy4 costs $0.417 and $1.2505. Cost per solved task is known for neither of them.
Which has the bigger context window, Fugu Max or Hy4?
Hy4, with 1.05M tokens against 1M.
Has any benchmark tested both Fugu Max and Hy4?
No benchmark has tested both yet. Fugu Max has none yet; Hy4 on Terminal-Bench 4 (Vals AI), Vibe Code Bench (Vals AI) and Terminal-Bench 4.0 (Artificial Analysis run). Compare them on price and context instead. Data as of November 14, 2026.