Data points: 81
The readout for DeepSeek V3.2 and MiniMax M2, before the detailed comparison sheet.
Decision read
DeepSeek V3.2
DeepSeek V3.2 currently has the stronger profile, with verified wins split 4 to 1.
Evidence depth
81 data points
Includes 8 benchmark rows, 0 audit samples, and 7 provider examples.
Selection signal
Start with DeepSeek V3.2
The charts below split 15 high-signal samples across speed, scores, and audit health.
Model compare DeepSeek V3.2 vs MiniMax M2deepseek-v3-2-vs-minimax-m2 | Model A DeepSeek V3.2 | Model B MiniMax M2 |
|---|---|---|
| Overall leader | Leading | Contender |
| Verified metric wins | 4 wins | 1 wins |
| Where it leads | First-token latency, Free providers, Provider coverage, Recent tests |
Third-party benchmark profile synced into LMSpeed; only metrics available for both models are shown.
| Metric | DeepSeek V3.2 | MiniMax M2 |
|---|---|---|
| Input price | $0.500/M#18 |
Latest completed audits from shared providers, with four safety and integrity score groups plus report links.
| Provider | DeepSeek V3.2 | MiniMax M2 |
|---|---|---|
| No completed audits are available from shared providers yet. | ||
Speed aggregates and input/output pricing share each provider row for real API selection and migration cost checks.
| Provider | DeepSeek V3.2 | MiniMax M2 |
|---|---|---|
20 tests | DeepSeek V3.2 speed / latency 6 tok/s / 31403ms input / output No data |
This report only uses LMSpeed data for DeepSeek V3.2 and MiniMax M2: pricing, speed aggregates, third-party benchmark scores, and shared provider samples.
| Guidance | DeepSeek V3.2 | MiniMax M2 |
|---|---|---|
| When to choose each model | DeepSeek V3.2 DeepSeek V3.2 is stronger when you prioritize First-token latency, Free providers, Provider coverage, Recent tests. | MiniMax M2 MiniMax M2 is stronger when you prioritize Average speed. |
TL;DR: DeepSeek V3.2 leads across 81 verifiable data points, including pricing, speed, latency, benchmarks, and provider examples.
Continue from DeepSeek V3.2 vs MiniMax M2 into nearby model comparisons with enough verified LMSpeed data.
| Average speed |
| Model metadata | DeepSeek V3.2 exposes 131.1K tokens; notable signals: Text input, Text output, Tool calling, Structured outputs. | MiniMax M2 exposes 204.8K tokens; notable signals: Text input, Text output, Tool calling, Structured outputs. |
|---|---|---|
| Developer | DeepSeek | No data |
| Context window | 131.1K tokens | 204.8K tokens |
| Max output | 64K tokens | 196.6K tokens |
| Released | Dec 2025 | Oct 2025 |
| Modalities | Input Text Output Text | Input Text Output Text |
| Features | Text inputText outputTool callingStructured outputsJSON modeReasoning | Text inputText outputTool callingStructured outputsJSON modeReasoning |
| Parameters | No data | No data |
| Tokenizer | DeepSeek | Other |
| Knowledge cutoff | No data | No data |
| OpenRouter ID | deepseek/deepseek-v3.2 | minimax/minimax-m2 |
| References | No data | No data |
| LiveCodeBench | 59.3%#43 | 82.6%#15 |
|---|
| Output price | $1.60/M#21 | $1.20/M#18 |
|---|
| MMLU-Pro | 83.7%#23 | 82.0%#30 |
|---|
| Blended price | $0.775/M#31 | $0.525/M#25 |
|---|
| SciCode | 38.7%#54 | 36.1%#71 |
|---|
| HLE | 10.5%#64 | 12.5%#60 |
|---|
| GPQA | 75.1%#68 | 77.7%#61 |
|---|
MiniMax M2
speed / latency
28 tok/s / 6678ms
input / output
No data
SkyAI20 tests | DeepSeek V3.2 speed / latency N/A / N/A input / output No data | MiniMax M2 speed / latency 64 tok/s / 12695ms input / output No data |
|---|
N1N15 tests | DeepSeek V3.2 speed / latency 37 tok/s / 1522ms input / output No data | MiniMax M2 speed / latency N/A / N/A input / output No data |
|---|
向量引擎10 tests | DeepSeek V3.2 speed / latency 34 tok/s / 2500ms input / output No data | MiniMax M2 speed / latency N/A / N/A input / output No data |
|---|
素墨API10 tests | DeepSeek V3.2 speed / latency 22 tok/s / 5987ms input / output No data | MiniMax M2 speed / latency N/A / N/A input / output No data |
|---|
DeepSeek V3.2 linuxdo/deepseek-v3.2-chat speed / latency No data input / output $0/M / $0/M | MiniMax M2 minimaxai/minimax-m2 speed / latency No data input / output $0/M / $0/M |
DeepSeek V3.2 linuxdo/deepseek-v3.2 speed / latency No data input / output $0/M / $0/M | MiniMax M2 minimaxai/minimax-m2 speed / latency No data input / output $0/M / $0/M |
Rankings are based on community-submitted tests and periodic health probes. Advisory only, not official data.
