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MiniMax-M2 API Price

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Input · Cache Miss
¥2.1 /1M tokens
Output
¥8.4 /1M tokens
Cache Hit Input
¥0.21 /1M tokens
BillingCNY · 1M tokens
ModalitiesText
Deep ThinkingSupported
Verified Date2026-09-24
Official pricing pageplatform.minimaxi.com/docs/guides/pricing-paygo ↗

Source text: the note below is the model's official text, kept in its original Chinese and not translated.

历史模型(官方定价页「历史模型」表,与 M2.1 同价):输入 2.1 / 输出 8.4 / 缓存读取 0.21 / 缓存写入 2.625 元每百万 tokens;另有 highspeed 版 4.2/16.8(缓存读取 0.21、缓存写入 2.625)。官方页未列上下文窗口,故缺省。

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Monthly Cost Estimate

30 days · no cache hits · list price

Light Load
1M Input + 0.3M Output/ day
¥138.6/month
Medium Business
5M Input + 1.5M Output/ day
¥693/month
Heavy Agent
10M Input + 3M Output/ day
¥1,386/month

Free quotas, tiered pricing, batch discounts, and time-based pricing are not included; refer to official bills.

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FAQ

How much does the MiniMax-M2 API cost?

Input ¥2.1/1M tokens, output ¥8.4/1M tokens

Does MiniMax-M2 support prompt caching?

Yes. Cache writes cost ¥2.63/1M tokens and cache-hit reads cost ¥0.21/1M tokens. This significantly cuts the cost of repeated input — ideal for long system prompts and codebase analysis.

Which input modalities does MiniMax-M2 support?

Text. Supports deep thinking / reasoning.

What is the approximate monthly cost of MiniMax-M2?

Depends on volume: light use (1M input + 300K output per day) ≈ ¥138.6/month; medium (5M + 1.5M) ≈ ¥693/month; heavy agents (10M + 3M) ≈ ¥1,386/month. Cache hits, batch discounts and tiered pricing can lower this further.

How does MiniMax-M2 compare with peers on value?

MiniMax MiniMax-M2 is priced low among comparable models; compare against similar models. See the Pricemon market table for a full comparison.

What use cases suit MiniMax-M2?

Suited to applications in its domain.

Does MiniMax-M2 have a free tier?

Check MiniMax's official pricing page for the latest free quota, trial policy and tiered pricing. Policies differ by vendor and change over time.

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