Model Comparison

V2-Chat
vs. M2

Comparing 2 AI models · 10 benchmarks · DeepSeek, MiniMax

Recommended Pick

DeepSeek logo V2-Chat 4 metric wins

Strongest on: Input price, Output price, TTFT

Lowest Price

DeepSeek logo

V2-Chat

$0.00/1M input price

Best Reasoning

MiniMax logo

M2

56.6 reasoning score

Blends available reasoning benchmarks

Best for Coding

MiniMax logo

M2

29.2 coding index

Composite Indices

Higher is better; speed and price are normalized

Standard Benchmarks

Only benchmarks with data are shown

Differences That Matter

Price gap

V2-Chat is ∞x cheaper on input tokens than M2.

Reasoning gap

M2 leads V2-Chat by 47.5 points on reasoning.

Top-pick rationale

V2-Chat wins 4 measurable categories, including Input price, Output price, TTFT, Latency.

Live compare

Response Face-Off

Run one prompt through the selected models and compare response quality with live speed and cost context.

DeepSeek logo

V2-Chat

DeepSeek

Waiting

TTFT

Time

tok/s

Tokens

Cost

Waiting
MiniMax logo

M2

MiniMax

Waiting

TTFT

Time

tok/s

Tokens

Cost

Waiting

Which answer was more useful?

AI Chat

Chat with 80+ models

Inference API

EU-hosted inference

Full Comparison

Metric
Top Pick
DeepSeek logo V2-Chat
DeepSeek
MiniMax logo M2
MiniMax
Pricing per 1M tokens
Input Cost $0.00/1M$0.30/1M
Output Cost $0.00/1M$1.20/1M
Blended (3:1) $0.52/1M
Specifications
Organization DeepSeekMiniMax
Release Date May 6, 2024Oct 26, 2025
Performance & Speed
Throughput 125.3 tok/s
TTFT 1025ms
Latency 16992ms
Composite Indices
Value Score 100.0
Reasoning Score 9.156.6
Intelligence 9.136.1
Coding 29.2
Math 78.3
Standard Benchmarks
GPQA 77.7%
MMLU Pro 82.0%
HLE 12.5%
LiveCodeBench 82.6%
AIME 2025 78.3%
SciCode 36.1%
LCR 61.0%
IFBench 72.3%
TAU-bench v2 86.8%
TerminalBench Hard 25.8%

Key Takeaways

V2-Chat offers the best value at $0.00/1M, making it ideal for high-volume applications and cost-conscious projects.

M2 has the strongest reasoning profile with a 56.6 reasoning score, combining the available reasoning-heavy benchmarks.

M2 reaches a 29.2 coding index, making it the top choice for software development and code generation tasks.

All models support context windows of ∞+ tokens, suitable for processing lengthy documents and maintaining extended conversations.

When to Choose Each Model

DeepSeek logo

V2-Chat

  • Cost-sensitive applications
  • High-volume processing
MiniMax logo

M2

  • Complex reasoning tasks
  • Research & analysis
  • Code generation
  • Software development