Mercury 2 is cheaper than MiniMax M3 at $0.25/M vs $0.3/M input tokens.
| Spec | Mercury 2 | MiniMax M3 |
|---|---|---|
| Input price | $0.25/M tokens | $0.3/M tokens |
| Output price | $0.75/M tokens | $1.2/M tokens |
| Context window | 128K tokens | 1.0M tokens |
| Weights | — | Open |
| Free API (OpenRouter) | No | No |
| Released | Mar 2026 | Jun 2026 |
Not enough votes to call it. On the specs, MiniMax M3 has the edge: bigger model tier, newer, bigger context window.
Mercury 2 is cheaper on both: 1.2× input, 1.6× output.
Per million tokens. Prices and uptime via OpenRouter, checked 9 Sep 2026.
MiniMax M3 uses 14.1x more emoji