prices synced 2026-10-27
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MiniMax M2

MiniMax · Released Oct 2025

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MiniMax M2 is a large language model with a 204K token context window from MiniMax's M2 generation.

Strengths
Handles extended text with its 204K token context window, enabling work across longer documents and complex multi-turn conversations.
Best for
Text-based tasks that benefit from a larger context window but don't require multimodal capabilities or the enhanced performance of M2.7 and later models.
Limitations
Predated by M2.1 (released 2025-12) and M2.7 (released 2026-03), which offer improved performance; lacks multimodal support available in M3.

Input / 1M

$0.255

Output / 1M

$1.02

Cached input / 1M

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Context window

204K

Price history

Input (solid)Output (dashed)
Price per 1M tokens over timeOutput went from $1.00 to $1.02; Input went from $0.255 to $0.255 between Jun 2026 and Oct 2026.$0$0.5$1.00Output on 11 Jun 2026: $1.00Output on 2 Jul 2026: $1.02Output on 19 Jul 2026: $1.20Output on 23 Jul 2026: $1.02Output on 24 Jul 2026: $1.02Output on 24 Sep 2026: $1.20Output on 27 Sep 2026: $1.20Output on 28 Sep 2026: $1.20Output on 14 Oct 2026: $1.02Out $1.02Input on 11 Jun 2026: $0.255Input on 2 Jul 2026: $0.255Input on 19 Jul 2026: $0.3Input on 23 Jul 2026: $0.255Input on 24 Jul 2026: $0.255Input on 24 Sep 2026: $0.3Input on 27 Sep 2026: $0.3Input on 28 Sep 2026: $0.3Input on 14 Oct 2026: $0.255In $0.255Jun 2026Oct 2026

Price change

30d
in decreased 15.0% out decreased 15.0%
90d
in decreased 0.0% out decreased 0.0%
1y
in decreased 0.0% out increased 2.0%
Since launch
in decreased 0.0% out increased 2.0%

Snapshots

Effective Input Output Cached in Note Source
14 Oct 2026 $0.255 $1.02 — Imported from OpenRouter openrouter.ai
28 Sep 2026 $0.3 $1.20 — Imported from OpenRouter openrouter.ai
27 Sep 2026 $0.3 $1.20 — Imported from OpenRouter openrouter.ai
24 Sep 2026 $0.3 $1.20 — Imported from OpenRouter openrouter.ai
24 Jul 2026 $0.255 $1.02 — Imported from OpenRouter openrouter.ai
23 Jul 2026 $0.255 $1.02 — Imported from OpenRouter openrouter.ai
19 Jul 2026 $0.3 $1.20 $0.03 Imported from OpenRouter openrouter.ai
2 Jul 2026 $0.255 $1.02 — Imported from OpenRouter openrouter.ai
11 Jun 2026 $0.255 $1.00 $0.03 Imported from OpenRouter openrouter.ai

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