MiniMax: MiniMax M2
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, tool use, and multi-step task execution while maintaining low latency and deployment efficiency. The model excels in code generation, multi-file editing, compile-run-fix loops, and test-validated repair, showing strong results on SWE-Bench Verified, Multi-SWE-Bench, and Terminal-Bench. It also performs competitively in agentic evaluations such as BrowseComp and GAIA, effectively handling long-horizon planning, retrieval, and recovery from execution errors. Benchmarked by [Artificial Analysis](https://artificialanalysis.ai/models/minimax-m2), MiniMax-M2 ranks among the top open-source models for composite intelligence, spanning mathematics, science, and instruction-following. Its small activation footprint enables fast inference, high concurrency, and improved unit economics, making it well-suited for large-scale agents, developer assistants, and reasoning-driven applications that require responsiveness and cost efficiency. To avoid degrading this model's performance, MiniMax highly recommends preserving reasoning between turns. Learn more about using reasoning_details to pass back reasoning in our [docs](https://openrouter.ai/docs/use-cases/reasoning-tokens#preserving-reasoning-blocks).
Pricing per 1M Tokens
| Input (Prompt) | $0.26 |
| Output (Completion) | $1.00 |
| Cache Read | $0.03 |
| Cache Write | Free |
| Image | N/A |
Specifications
| Context Length | 197K |
| Max Output Tokens | 197K |
| Input Modalities | Text |
| Output Modalities | Text |
| Tokenizer | Other |
| Instruct Type | N/A |
| Top Provider Context | 197K |
| Top Provider Max Output | 197K |
| Moderated | No |
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Last updated: March 23, 2026
First tracked: March 23, 2026