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MiniMax M2

As of October 20, 2026, MiniMax M2 ranks #106 of 213 models overall with 18.6 on the Artificial Analysis Intelligence Index. Its strongest category is knowledge, where it ranks #76 of 147. MiniMax M2 costs $0.255 per million input tokens and $1.02 per million output tokens. It was released on October 23, 2025.

Its output price ranks 140 of 349 priced models, counting from the cheapest.

  • Coding index 45.3 Partial, 2 benchmarks
  • Cost per solved task $0.702 One SWE-bench Verified task, solved
  • Output, per million tokens $1.02 140 of 349 from the cheapest
  • Input, per million tokens $0.255 OpenRouter list price
  • Context window 205K Tokens per request
  • Downloads, 30 days 149.6K Hugging Face

About and specs

MiniMax-M2 is a compact, high-efficiency large language model optimized for end-to-end coding and agentic workflows. With 10 billion activated parameters (230 billion total), it delivers near-frontier intelligence across general reasoning,...

API model id minimax/minimax-m2
  • Tool callingListed
  • Structured outputsListed
  • JSON modeListed
  • Reasoning modeListed
  • Web searchNot listed
Takes in
Text
Gives back
Text
Context window
205K tokens
Max output
131K tokens
Knowledge cutoff
Not published
Cached input $/Mtok
No cache price listed
Cache write $/Mtok
No cache write price listed
Reasoning $/Mtok
Not priced apart
Web search, per request
No search price listed
Tokenizer
Not named
Requests moderated
No
Withdrawn on
No date announced
Parameters
228.7B, per its Hugging Face weights
Downloads, all time
3.0M on Hugging Face
Training compute
No estimate published
Output speed
Not measured
Time to first token
Not measured
Speed on OpenRouter
43 tokens/s via Minimax, 30-minute median
First token on OpenRouter
0.9 s via Minimax, 30-minute median

Benchmarks: 49 of 190 measured

The tick on a coding bar is the median of every model measured on it. Outside coding, the place is this model's rank on that board. A board that never ran the model says so.

Coding index

45.3
  • Aider polyglot Not measured
  • SWE-bench Verified 61.0% 61 of 100
  • LiveBench coding Not measured
  • LMArena WebDev Elo, scaled from 1200 to 1900 1297 Elo 14 of 100

The index averages only the coding benchmarks that have a result; the others are skipped, never filled in. How it is weighted

Other public boards

All rankings

Coding6 of 34 boards

Not measured on SWE-bench Lite, SWE-bench (full test set), SWE-bench Multimodal, SWE-bench Multilingual, AA Coding Index, LiveCodeBench (Vals AI), SWE-bench Verified (Vals AI), Terminal-Bench 4 (Vals AI), Vibe Code Bench (Vals AI), Code migration (Vals AI), ProgramBench (Vals AI), IOI (Vals AI), Terminal-Bench 2.1 (Vals AI), SWE-bench Multimodal (Vals AI), Vibe Code Bench 1-100 (Vals AI), SkillsBench (Vals AI), CyberBench (Vals AI), SciCode, DeepSWE, FrontierCode, FrontierSWE, GSO-Bench, WeirdML, MirrorCode, Cybench, ALE-Bench, LMArena WebDev: React, LMArena WebDev: from an image

Intelligence1 of 2 boards

Not measured on Epoch Capabilities Index

Agentic work2 of 39 boards

Not measured on AA Agentic Index, Design Arena: agents building web apps, Design Arena: agents building full-stack apps, Design Arena: agents building mobile apps, Design Arena: agents building Android apps, Design Arena: agents building Godot games, Design Arena: agents building games, Design Arena: HTML slides, Design Arena: PowerPoint slides, Design Arena: spreadsheets, LiveBench research, LiveBench browser, LiveBench long agentic, SREBench (Vals AI), Finance Agent (Vals AI), Tax Agent Bench (Vals AI), Legal Research Bench (Vals AI), Harvey's Legal Agent Benchmark (Vals AI), Excel Modeling Benchmark (Vals AI), BioMysteryBench (Vals AI), Terminal-Bench-Science (Vals AI), Vals Science Index, Time Horizon Index (Vals AI), CUA-bench (Vals AI), Robo-bench (Vals AI), APEX-Agents, METR time horizons, Remote Labor Index, GDPval, OSWorld 2.0, BALROG, DeepResearch Bench, PostTrainBench, TheAgentCompany, OSWorld, SpireClimb, LMArena Search

Reasoning5 of 21 boards

Not measured on GPQA Diamond, LiveBench reasoning, MysteryMechanism (Vals AI), MMMU Pro (Vals AI), GPQA Diamond (Epoch AI run), ARC-AGI, ARC-AGI-2, Humanity's Last Exam, SimpleBench, Chess puzzles, Mystery game puzzles, EBR-bench, VPCT, BIG-Bench Hard, LMArena Vision: diagrams, LMArena Vision: homework

Math4 of 13 boards

Not measured on AIME, MATH 500 (Vals AI), MGSM (Vals AI), OTIS Mock AIME, FrontierMath, tiers 1 to 3, FrontierMath, tier 4, ProofBench, MATH level 5, GSM8K

Knowledge5 of 17 boards

Not measured on MMLU Pro, LegalBench (Vals AI), CaseLaw (Vals AI), CorpFin (Vals AI), TaxEval (Vals AI), MortgageTax (Vals AI), MedQA (Vals AI), MedCode (Vals AI), SimpleQA Verified, MMLU, GeoBench, AI2 Reasoning Challenge

Web design7 of 9 boards

1 more web design boards

Not measured on Design Arena: ASCII art, LiveBench design

General17 of 46 boards

11 more general boards

Not measured on Vals Index, LiveBench data analysis, Public Benefits Bench (Vals AI), SAGE (Vals AI), MedScribe (Vals AI), Vals Multimodal Index, DTBench, LMCA, Fiction.LiveBench, Creative writing (Lech Mazur), CL-bench, Surface Evolver Bench, Furniture assembly, ExploitBench, HellaSwag, WinoGrande, PIQA, CL-bench Life, LMArena Vision, LMArena Text: Japanese, LMArena Text: Korean, LMArena Vision: English, LMArena Vision: Chinese, LMArena Vision: reading text, LMArena Vision: humor, LMArena Vision: captioning, LMArena Vision: recognizing things, LMArena Vision: creative writing, LMArena Document

Image generation0 of 5 boards

Not measured on Design Arena: images, Design Arena: graphic design, Design Arena: logos, LMArena Text to Image, LMArena Image Edit

Public boards shown as published (Vals AI, Artificial Analysis, Design Arena) and kept out of the coding index. Each links to its source on the benchmark page.

All 190 benchmarks as a table
Benchmark results for MiniMax M2
BenchmarkResultIndex weight
Aider polyglotCoding Not measured 35%
SWE-bench VerifiedCoding 61.0% 30%
SWE-bench LiteCoding Not measured Not in index
SWE-bench (full test set)Coding Not measured Not in index
SWE-bench MultimodalCoding Not measured Not in index
SWE-bench MultilingualCoding Not measured Not in index
LiveBench codingCoding Not measured 20%
LMArena WebDevCoding 1297 15%
Vals IndexGeneral Not measured Not in index
GPQA DiamondReasoning Not measured Not in index
AIMEMath Not measured Not in index
MMLU ProKnowledge Not measured Not in index
AA Intelligence IndexIntelligence 18.6 Not in index
AA Coding IndexCoding Not measured Not in index
AA Agentic IndexAgentic work Not measured Not in index
Design Arena: websitesWeb design 1144 Not in index
Design Arena: UI componentsWeb design 1136 Not in index
Design Arena: game devWeb design 1119 Not in index
Design Arena: data vizWeb design 1140 Not in index
Design Arena: 3DWeb design 1098 Not in index
Design Arena: all code categoriesWeb design 1135 Not in index
Design Arena: SVGWeb design 1098 Not in index
Design Arena: ASCII artWeb design Not measured Not in index
Design Arena: agents building web appsAgentic work Not measured Not in index
Design Arena: agents building full-stack appsAgentic work Not measured Not in index
Design Arena: agents building mobile appsAgentic work Not measured Not in index
Design Arena: agents building Android appsAgentic work Not measured Not in index
Design Arena: agents building Godot gamesAgentic work Not measured Not in index
Design Arena: agents building gamesAgentic work Not measured Not in index
Design Arena: HTML slidesAgentic work Not measured Not in index
Design Arena: PowerPoint slidesAgentic work Not measured Not in index
Design Arena: spreadsheetsAgentic work Not measured Not in index
Design Arena: imagesImage generation Not measured Not in index
Design Arena: graphic designImage generation Not measured Not in index
Design Arena: logosImage generation Not measured Not in index
LiveBench reasoningReasoning Not measured Not in index
LiveBench data analysisGeneral Not measured Not in index
LiveBench researchAgentic work Not measured Not in index
LiveBench browserAgentic work Not measured Not in index
LiveBench long agenticAgentic work Not measured Not in index
LiveBench designWeb design Not measured Not in index
LiveCodeBench (Vals AI)Coding Not measured Not in index
SWE-bench Verified (Vals AI)Coding Not measured Not in index
Terminal-Bench 4 (Vals AI)Coding Not measured Not in index
Vibe Code Bench (Vals AI)Coding Not measured Not in index
Code migration (Vals AI)Coding Not measured Not in index
ProgramBench (Vals AI)Coding Not measured Not in index
SREBench (Vals AI)Agentic work Not measured Not in index
IOI (Vals AI)Coding Not measured Not in index
Terminal-Bench 2.1 (Vals AI)Coding Not measured Not in index
SWE-bench Multimodal (Vals AI)Coding Not measured Not in index
Vibe Code Bench 1-100 (Vals AI)Coding Not measured Not in index
SkillsBench (Vals AI)Coding Not measured Not in index
CyberBench (Vals AI)Coding Not measured Not in index
Finance Agent (Vals AI)Agentic work Not measured Not in index
Tax Agent Bench (Vals AI)Agentic work Not measured Not in index
Legal Research Bench (Vals AI)Agentic work Not measured Not in index
Harvey's Legal Agent Benchmark (Vals AI)Agentic work Not measured Not in index
Excel Modeling Benchmark (Vals AI)Agentic work Not measured Not in index
BioMysteryBench (Vals AI)Agentic work Not measured Not in index
Terminal-Bench-Science (Vals AI)Agentic work Not measured Not in index
Vals Science IndexAgentic work Not measured Not in index
Time Horizon Index (Vals AI)Agentic work Not measured Not in index
CUA-bench (Vals AI)Agentic work Not measured Not in index
Robo-bench (Vals AI)Agentic work Not measured Not in index
Public Benefits Bench (Vals AI)General Not measured Not in index
MysteryMechanism (Vals AI)Reasoning Not measured Not in index
MMMU Pro (Vals AI)Reasoning Not measured Not in index
MATH 500 (Vals AI)Math Not measured Not in index
MGSM (Vals AI)Math Not measured Not in index
SAGE (Vals AI)General Not measured Not in index
LegalBench (Vals AI)Knowledge Not measured Not in index
CaseLaw (Vals AI)Knowledge Not measured Not in index
CorpFin (Vals AI)Knowledge Not measured Not in index
TaxEval (Vals AI)Knowledge Not measured Not in index
MortgageTax (Vals AI)Knowledge Not measured Not in index
MedQA (Vals AI)Knowledge Not measured Not in index
MedCode (Vals AI)Knowledge Not measured Not in index
MedScribe (Vals AI)General Not measured Not in index
Vals Multimodal IndexGeneral Not measured Not in index
AA Math IndexMath 78.3 Not in index
GPQA Diamond (Artificial Analysis run)Reasoning 77.7% Not in index
Humanity's Last Exam (Artificial Analysis run)Reasoning 13.7% Not in index
MMLU Pro (Artificial Analysis run)Knowledge 82.0% Not in index
LiveCodeBench (Artificial Analysis run)Coding 82.6% Not in index
SciCodeCoding Not measured Not in index
Terminal-Bench Hard (Artificial Analysis run)Coding 25.8% Not in index
IFBenchGeneral 72.3% Not in index
Long context reasoning (AA-LCR)General 64.3% Not in index
τ²-Bench TelecomAgentic work 86.8% Not in index
AIME 2025 (Artificial Analysis run)Math 78.3% Not in index
Terminal-BenchCoding 30.0% Not in index
DeepSWECoding Not measured Not in index
FrontierCodeCoding Not measured Not in index
FrontierSWECoding Not measured Not in index
GSO-BenchCoding Not measured Not in index
WeirdMLCoding Not measured Not in index
MirrorCodeCoding Not measured Not in index
APEX-AgentsAgentic work Not measured Not in index
METR time horizonsAgentic work Not measured Not in index
Remote Labor IndexAgentic work Not measured Not in index
GDPvalAgentic work Not measured Not in index
OSWorld 2.0Agentic work Not measured Not in index
BALROGAgentic work Not measured Not in index
DeepResearch BenchAgentic work Not measured Not in index
PostTrainBenchAgentic work Not measured Not in index
GPQA Diamond (Epoch AI run)Reasoning Not measured Not in index
ARC-AGIReasoning Not measured Not in index
ARC-AGI-2Reasoning Not measured Not in index
Humanity's Last ExamReasoning Not measured Not in index
SimpleBenchReasoning Not measured Not in index
Chess puzzlesReasoning Not measured Not in index
Mystery game puzzlesReasoning Not measured Not in index
EBR-benchReasoning Not measured Not in index
OTIS Mock AIMEMath Not measured Not in index
FrontierMath, tiers 1 to 3Math Not measured Not in index
FrontierMath, tier 4Math Not measured Not in index
ProofBenchMath Not measured Not in index
MATH level 5Math Not measured Not in index
GSM8KMath Not measured Not in index
SimpleQA VerifiedKnowledge Not measured Not in index
MMLUKnowledge Not measured Not in index
GeoBenchKnowledge Not measured Not in index
DTBenchGeneral Not measured Not in index
LMCAGeneral Not measured Not in index
Fiction.LiveBenchGeneral Not measured Not in index
Creative writing (Lech Mazur)General Not measured Not in index
CL-benchGeneral Not measured Not in index
Surface Evolver BenchGeneral Not measured Not in index
Furniture assemblyGeneral Not measured Not in index
ExploitBenchGeneral Not measured Not in index
CybenchCoding Not measured Not in index
TheAgentCompanyAgentic work Not measured Not in index
OSWorldAgentic work Not measured Not in index
SpireClimbAgentic work Not measured Not in index
VPCTReasoning Not measured Not in index
BIG-Bench HardReasoning Not measured Not in index
AI2 Reasoning ChallengeKnowledge Not measured Not in index
HellaSwagGeneral Not measured Not in index
WinoGrandeGeneral Not measured Not in index
PIQAGeneral Not measured Not in index
CL-bench LifeGeneral Not measured Not in index
ALE-BenchCoding Not measured Not in index
Vending-Bench 2Agentic work $161 Not in index
Epoch Capabilities IndexIntelligence Not measured Not in index
LMArena TextGeneral 1340 Not in index
LMArena Text: codingCoding 1370 Not in index
LMArena Text: hard promptsReasoning 1357 Not in index
LMArena Text: mathMath 1351 Not in index
LMArena Text: instruction followingGeneral 1329 Not in index
LMArena Text: creative writingGeneral 1286 Not in index
LMArena VisionGeneral Not measured Not in index
LMArena Text: EnglishGeneral 1364 Not in index
LMArena Text: non-EnglishGeneral 1313 Not in index
LMArena Text: ChineseGeneral 1366 Not in index
LMArena Text: GermanGeneral 1357 Not in index
LMArena Text: JapaneseGeneral Not measured Not in index
LMArena Text: KoreanGeneral Not measured Not in index
LMArena Text: FrenchGeneral 1335 Not in index
LMArena Text: SpanishGeneral 1326 Not in index
LMArena Text: RussianGeneral 1330 Not in index
LMArena Text: PolishGeneral 1311 Not in index
LMArena Text: multi-turnGeneral 1361 Not in index
LMArena Text: longer queriesGeneral 1331 Not in index
LMArena Text: expertReasoning 1336 Not in index
LMArena Text: hard prompts in EnglishReasoning 1376 Not in index
LMArena Text: software and ITCoding 1372 Not in index
LMArena Text: mathematical workMath 1368 Not in index
LMArena Text: scienceKnowledge 1348 Not in index
LMArena Text: medicine and healthcareKnowledge 1367 Not in index
LMArena Text: legal and governmentKnowledge 1347 Not in index
LMArena Text: business and financeKnowledge 1336 Not in index
LMArena Text: writing and languageGeneral 1295 Not in index
LMArena Text: entertainment and mediaGeneral 1298 Not in index
LMArena WebDev: ReactCoding Not measured Not in index
LMArena WebDev: HTMLCoding 1306 Not in index
LMArena WebDev: from an imageCoding Not measured Not in index
LMArena Vision: EnglishGeneral Not measured Not in index
LMArena Vision: ChineseGeneral Not measured Not in index
LMArena Vision: reading textGeneral Not measured Not in index
LMArena Vision: diagramsReasoning Not measured Not in index
LMArena Vision: homeworkReasoning Not measured Not in index
LMArena Vision: humorGeneral Not measured Not in index
LMArena Vision: captioningGeneral Not measured Not in index
LMArena Vision: recognizing thingsGeneral Not measured Not in index
LMArena Vision: creative writingGeneral Not measured Not in index
LMArena SearchAgentic work Not measured Not in index
LMArena DocumentGeneral Not measured Not in index
LMArena Text to ImageImage generation Not measured Not in index
LMArena Image EditImage generation Not measured Not in index

What it costs

A list price says what a token costs. The cost per solved task says what a working answer costs, which is the number that decides.

Output price against the market

MiniMax M2 pricing
$0.0112Dashed line: median $1.80, log scale$600.00
$1.02 per million output tokens is cheaper than 61% of the 344 paid models in the catalog.

Cost per solved task

How it is computed
$0.4283one attempt, swebench.com 61.0%tasks solved $0.702per solved task

Nearly as good as MiniMax M2, for less

What the boards say about its runs

Beside a result, many boards publish what the run cost, how long it took, the tokens it spent or the votes behind a rating. Each figure as its board printed it, one board per row.

What each board publishes about the runs behind MiniMax: MiniMax M2's results
BoardResultWhat the run costAlso published
SWE-bench Verified 61.0% $0.4283 per attempt Nothing else
LMArena WebDev 1297 Elo Not published Votes 6,714 · Interval (±) ±10.9
LMArena Text 1340 Elo Not published Votes 6,856 · Interval (±) ±7.7
LMArena Text: coding 1370 Elo Not published Votes 1,550 · Interval (±) ±15.0
LMArena Text: hard prompts 1357 Elo Not published Votes 3,744 · Interval (±) ±9.8
LMArena Text: math 1351 Elo Not published Votes 320 · Interval (±) ±32.8
LMArena Text: instruction following 1329 Elo Not published Votes 2,022 · Interval (±) ±12.8
LMArena Text: creative writing 1286 Elo Not published Votes 897 · Interval (±) ±20.0
LMArena Text: English 1364 Elo Not published Votes 2,998 · Interval (±) ±10.8
LMArena Text: non-English 1313 Elo Not published Votes 3,822 · Interval (±) ±9.8
LMArena Text: Chinese 1366 Elo Not published Votes 452 · Interval (±) ±27.3
LMArena Text: German 1357 Elo Not published Votes 133 · Interval (±) ±52.7
17 more boards
What each board publishes about the runs behind MiniMax: MiniMax M2's results, continued
LMArena Text: French 1335 Elo Not published Votes 135 · Interval (±) ±54.5
LMArena Text: Spanish 1326 Elo Not published Votes 206 · Interval (±) ±42.8
LMArena Text: Russian 1330 Elo Not published Votes 499 · Interval (±) ±25.6
LMArena Text: Polish 1311 Elo Not published Votes 279 · Interval (±) ±35.9
LMArena Text: multi-turn 1361 Elo Not published Votes 1,093 · Interval (±) ±17.7
LMArena Text: longer queries 1331 Elo Not published Votes 1,657 · Interval (±) ±14.4
LMArena Text: expert 1336 Elo Not published Votes 300 · Interval (±) ±32.4
LMArena Text: hard prompts in English 1376 Elo Not published Votes 1,650 · Interval (±) ±14.3
LMArena Text: software and IT 1372 Elo Not published Votes 2,455 · Interval (±) ±11.9
LMArena Text: mathematical work 1368 Elo Not published Votes 301 · Interval (±) ±32.9
LMArena Text: science 1348 Elo Not published Votes 1,123 · Interval (±) ±17.8
LMArena Text: medicine and healthcare 1367 Elo Not published Votes 315 · Interval (±) ±33.1
LMArena Text: legal and government 1347 Elo Not published Votes 432 · Interval (±) ±27.4
LMArena Text: business and finance 1336 Elo Not published Votes 1,324 · Interval (±) ±16.3
LMArena Text: writing and language 1295 Elo Not published Votes 1,483 · Interval (±) ±15.4
LMArena Text: entertainment and media 1298 Elo Not published Votes 1,192 · Interval (±) ±16.8
LMArena WebDev: HTML 1306 Elo Not published Votes 6,685 · Interval (±) ±12.5

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All 135 comparisons for MiniMax M2