Compare / DeepSeek V3.1 Terminus vs MiniMax M2

DeepSeek V3.1 Terminus vs MiniMax M2

Which is cheaper, which is more capable, and which does better at each kind of work, from 15 results on 3 sources that measured both models.

DeepSeek V3.1 Terminus
DeepSeek · profile
MiniMax M2
MiniMax · profile
Results compared
15
Shared sources
3

DeepSeek V3.1 Terminus or MiniMax M2? The short answer

  • DeepSeek V3.1 Terminus is cheaper: $0.45 against $0.52 per million tokens, 14% less.
  • MiniMax M2 scores higher on the Artificial Analysis Intelligence Index: 18.6 against 14.8.
  • On our business benchmarks, DeepSeek V3.1 Terminus ranks higher for agents and tool use, reasoning and knowledge and writing.

At a glance

DeepSeek V3.1 TerminusMiniMax M2
Price per million tokens$0.27 in · $1.00 out$0.30 in · $1.20 out
Blended (3 in : 1 out)$0.45$0.52
Cheapest host, blended$0.45 (SiliconFlow, FP8)$0.45 (Minimax, FP8)
Intelligence Index14.818.6
Spring Prompt overall––
Output speed, tokens a second––
Context window163,840 tokens204,800 tokens
WeightsOpenOpen
Developer based inChinaChina

Prices are the developer's list price where we have read it, otherwise the typical host on OpenRouter; see every model's price. Intelligence and speed from Artificial Analysis.

Which is better for what

Each model's rank among models available today, for each kind of work, from our own benchmarks and licensed sources. The better rank is in green.

Use caseDeepSeek V3.1 TerminusMiniMax M2
Agents and tool useMulti-step tasks with tools: support desks, coding agents, function calls 84 of 161 149 of 161
Reasoning and knowledgeHard questions across science, maths and general knowledge 105 of 195 107 of 195
WritingWhat people prefer in blind comparisons, and judged writing quality 79 of 187 167 of 187
Sticking to the factsSummarising without inventing things, and factual answers not measured 150 of 153

Every shared result

BenchmarkMetricDeepSeek V3.1 TerminusMiniMax M2
Arena (formerly LMArena)reportedBusiness, management and financeArena rating 1,4231,348
Arena (formerly LMArena)reportedCreative writingArena rating 1,4051,285
Arena (formerly LMArena)reportedInstruction followingArena rating 1,4201,334
Arena (formerly LMArena)reportedOverallArena rating 1,4171,343
Arena (formerly LMArena)reportedWriting, literature and languageArena rating 1,4111,298
Artificial AnalysisreportedArtificial Analysis Intelligence Indexindex score 14.818.6
Artificial AnalysisreportedGPQA Diamond% of questions 79.2%77.7%
Artificial AnalysisreportedHumanity's Last Exam% of questions 16.4%13.7%
Artificial AnalysisreportedIFBench% of instructions 57.0%72.3%
Artificial AnalysisreportedLong-context reasoning (AA-LCR)% of questions 69.3%64.3%
Artificial AnalysisreportedTerminal-Bench Hard% of tasks 31.8%25.8%
Artificial AnalysisreportedΤ²-bench telecom% of tasks 37.1%86.8%
UGI LeaderboardreportedRequested-length error% off the requested word count 32.0%73.0%
UGI LeaderboardreportedStyle adherencescore from 0 to 1 0.370.36
UGI LeaderboardreportedWriting scorescore out of 100 54.017.2

Bold green marks the better value on that metric. Where a source reports ranges that overlap, the difference may not be meaningful; see the benchmark page for ranges.

Quick answers

Is DeepSeek V3.1 Terminus better than MiniMax M2?

It depends on the task. Among models available today, on our benchmarks and licensed sources, DeepSeek V3.1 Terminus ranks higher for agents and tool use, reasoning and knowledge and writing.

Which is cheaper, DeepSeek V3.1 Terminus or MiniMax M2?

DeepSeek V3.1 Terminus costs $0.45 per million tokens (three input to one output), against $0.52 for MiniMax M2.

Run DeepSeek V3.1 Terminus and MiniMax M2 on your own prompt

Benchmarks aren't your data. Try both side by side in the playground, with the cost of every answer.