Key Takeaways
Mercury 2 wins:
- Cheaper input tokens
- Cheaper output tokens
- Faster response time
MiniMax M2.1 wins:
- Larger context window
- Higher intelligence benchmark
- Better at coding
- Better at math
- Has reasoning mode
- Supports tool calls
Price Advantage
Mercury 2
Benchmark Advantage
MiniMax M2.1
Context Window
MiniMax M2.1
Speed
Mercury 2
Pricing Comparison
Price Comparison
| Metric | Mercury 2 | MiniMax M2.1 | Winner |
|---|---|---|---|
| Input (per 1M tokens) | $0.25 | $0.27 | Mercury 2 |
| Output (per 1M tokens) | $0.75 | $0.95 | Mercury 2 |
| Cache Read (per 1M) | $0.03 | $0.03 | Mercury 2 |
Using a 3:1 input/output ratio, Mercury 2 is 15% cheaper overall.
Mercury 2 Providers
No provider data available
MiniMax M2.1 Providers
No provider data available
Benchmark Comparison
6
Benchmarks Compared
0
Mercury 2 Wins
3
MiniMax M2.1 Wins
Benchmark Scores
| Benchmark | Mercury 2 | MiniMax M2.1 | Winner |
|---|---|---|---|
Intelligence Index Overall intelligence score | 32.8 | 39.4 | |
Coding Index Code generation & understanding | 30.6 | 32.8 | |
Math Index Mathematical reasoning | - | 82.7 | - |
MMLU Pro Academic knowledge | - | 87.5 | - |
GPQA Graduate-level science | 77.0 | 83.0 | |
LiveCodeBench Competitive programming | - | 81.0 | - |
MiniMax M2.1 shows stronger mathematical reasoning abilities.
Cost vs Quality
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Other models
Context & Performance
Context Window
Mercury 2
128,000
tokens
MiniMax M2.1
196,608
tokens
MiniMax M2.1 has a 35% larger context window.
Speed Performance
| Metric | Mercury 2 | MiniMax M2.1 | Winner |
|---|---|---|---|
| Tokens/second | 794.9 tok/s | 41.7 tok/s | |
| Time to First Token | 3.59s | 2.07s |
Mercury 2 responds 1807% faster on average.
Capabilities
Feature Comparison
| Feature | Mercury 2 | MiniMax M2.1 |
|---|---|---|
| Vision (Image Input) | ||
| Tool/Function Calls | ||
| Reasoning Mode | ||
| Audio Input | ||
| Audio Output | ||
| PDF Input | ||
| Prompt Caching | ||
| Web Search |
License & Release
| Property | Mercury 2 | MiniMax M2.1 |
|---|---|---|
| License | Proprietary | Proprietary |
| Author | Inception | Minimax |
| Released | Mar 2026 | Dec 2025 |
Mercury 2 Modalities
Input
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Output
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MiniMax M2.1 Modalities
Input
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Output
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