# Mercury 2.5 vs MiniMax-M2

> MiniMax-M2 has enough public results to be ranked (#201); Mercury 2.5 does not yet, so treat this comparison as directional.

- Canonical page: https://noometry.com/compare/mercury-2-5-vs-minimax-m2
- Last updated: 2026-10-10
- Shared benchmarks: 0

## Summary

- The widest gap is in math, where MiniMax-M2 leads 34.6 to 22.4.
- Mercury 2.5 is cheaper at $0.04 / $0.15 per million input/output tokens, against $0.30 / $1.20 for MiniMax-M2.
- Mercury 2.5 accepts more context: 260K tokens versus 205K.
- MiniMax-M2 has downloadable open weights; the other is API-only.

## Snapshot

| | Mercury 2.5 | MiniMax-M2 |
|---|---|---|
| Provider | Inception | MiniMax |
| Noometry Index | 30.2 | 36.9 |
| Rank | — | 201 |
| Context | 260K | 205K |
| Input $/M | $0.04 | $0.30 |
| Output $/M | $0.15 | $1.20 |
| Weights | Proprietary | Open |

## Coding

- Mercury 2.5: —
- MiniMax-M2: 39.1 (#151)

| Benchmark | Mercury 2.5 | MiniMax-M2 |
|---|---|---|
| SWE-bench Verified (bash only) | — | 61% |
| LMArena WebDev | — | 1297 |
| LMArena Coding | — | 1370 |
| ALE-Bench | 301.65 | — |

## Agentic & Tool Use

- Mercury 2.5: —
- MiniMax-M2: 24.9 (#102)

| Benchmark | Mercury 2.5 | MiniMax-M2 |
|---|---|---|
| Terminal-Bench | — | 30% |
| Vending-Bench 2 | — | 160.6 |

## Reasoning

- Mercury 2.5: —
- MiniMax-M2: 18.6 (#256)

| Benchmark | Mercury 2.5 | MiniMax-M2 |
|---|---|---|
| Kagi LLM Benchmark | — | 57.8% |
| NYT Connections (extended) | — | 14.8% |
| LMArena Hard Prompts | — | 1357 |

## Math

- Mercury 2.5: 22.4
- MiniMax-M2: 34.6 (#158)

| Benchmark | Mercury 2.5 | MiniMax-M2 |
|---|---|---|
| ProofBench | 3% | — |
| LMArena Math | — | 1350 |

## Knowledge

- Mercury 2.5: —
- MiniMax-M2: 36.3 (#160)

| Benchmark | Mercury 2.5 | MiniMax-M2 |
|---|---|---|
| LMArena Expert | — | 1336 |

## Multilingual

- Mercury 2.5: —
- MiniMax-M2: 45.6 (#165)

| Benchmark | Mercury 2.5 | MiniMax-M2 |
|---|---|---|
| LMArena Non-English | — | 1314 |
| LMArena Chinese | — | 1367 |
| LMArena French | — | 1336 |
| LMArena German | — | 1366 |
| LMArena Russian | — | 1332 |
| LMArena Spanish | — | 1326 |

## Instruction Following

- Mercury 2.5: —
- MiniMax-M2: 70.4 (#160)

| Benchmark | Mercury 2.5 | MiniMax-M2 |
|---|---|---|
| LMArena Instruction Following | — | 1329 |

## Long Context

- Mercury 2.5: —
- MiniMax-M2: 40.5 (#148)

| Benchmark | Mercury 2.5 | MiniMax-M2 |
|---|---|---|
| LMArena Longer Query | — | 1332 |

## Writing & Preference

- Mercury 2.5: —
- MiniMax-M2: 53.3 (#157)

| Benchmark | Mercury 2.5 | MiniMax-M2 |
|---|---|---|
| LMArena Text | — | 1340 |
| LMArena Creative Writing | — | 1288 |
| LMArena Multi-Turn | — | 1362 |

## FAQ

### Is Mercury 2.5 better than MiniMax-M2?

MiniMax-M2 has enough public results to be ranked (#201); Mercury 2.5 does not yet, so treat this comparison as directional.

### Which is cheaper, Mercury 2.5 or MiniMax-M2?

Mercury 2.5 is cheaper. It lists at $0.04 per million input tokens and $0.15 per million output tokens; MiniMax-M2 lists at $0.30 and $1.20.

### Which has the bigger context window?

Mercury 2.5 does, with 260K tokens against 205K.

### How many benchmarks do Mercury 2.5 and MiniMax-M2 share?

0 benchmarks have published results for both models. Mercury 2.5 has 2 scored results on Noometry and MiniMax-M2 has 21.