Models / MiniMax/ MiniMax M2.5

MiniMax M2.5

MiniMax · released Feb 12, 2026 · MiniMaxAI/MiniMax-M2.5

Input: text. Output: text.InputOutput
Type
Open weightsCustom licence
Params
229B
Context
205K

about 154K words of context · download allowed, licence restricts use

Our take

Written Aug 3, 2026

MiniMax M2.5 is a large text-only model with 228.7 billion parameters, released in early 2026. Its standout feature is a coding score that sits well above its general chat rating, though a custom restricted licence and lack of multimodal support limit where it fits.

Who should pick it

Pick this when coding quality is the deciding factor and you can work within a restricted licence. Use it for long-context text tasks up to 204,800 tokens, or when you need high throughput and can pay for Mara's 206 tokens per second. Skip it if you need image, video or audio support, if you require a permissive Apache or MIT licence, or if general chat and creative writing quality matter as much as coding.

The case for it

  • Coding performance is markedly stronger than its general chat ability: a 54.3-point gap on the Arena leaderboard in coding's favour.
  • Ten hosted offers give wide provider choice, with competitive entry-level input pricing available from several hosts.
  • A high-throughput option exists for latency-sensitive work, at more than eight times the speed of the slowest tracked provider.

The case against it

  • Overall chat and creative writing scores trail its own coding mark by 54.3 and 32.6 points respectively.
  • Custom restricted licence — not Apache 2.0 or MIT — so check terms before commercial use, fine-tuning or redistribution.
  • Text-to-text only; no image, video or audio input or output.
00

How good is it?

IntelligencePuzzles, maths, exam questions

2.5 of 5

Arena Text (overall)84th of 143 · 1389.9

Arena Hard Prompts 79th of 143Arena Maths 81st of 139

CodingWriting and fixing code on its own

2.5 of 5

Arena Coding76th of 143 · 1444.2

Arena Code (WebDev) 46th of 74

AgenticPlanning, calling tools, staying on task

Scored, not ratedSWE-bench Verified · 2nd of 39 · 75.8via mini-SWE-agent

MiniMax M2.5 is not on Arena Agent (IPS), which is where the rating would come from, so there is no rating here. It is on SWE-bench Verified, in 2nd of 39 with 75.8.

WritingWe do not rate this

Scored, not ratedThe placings are on the right.

Two boards come close and neither tests writing: Arena Creative Writing asks people which of two replies they prefer, and LiveBench Language tests whether a model understood a passage. So we show where MiniMax M2.5 placed and give it no mark out of five.

Arena Creative Writing 76th of 143 · 1357.3
Also scored, on boards we give no mark for
Arena Instruction Following 81st of 143

These tests check whether a model follows instructions — a precondition for all the work above, but not a measure of how well that work is done, which is why they get no rating.

Every published score for this model8 scoresEvery figure we hold, from 8 boards, with who ran it and a link to the source — including the boards no rating above is built on.
1444.2independentsource ↗
1415independentsource ↗
1396.3independentsource ↗
1389.9independentsource ↗
1386.3independentsource ↗
75.8via mini-SWE-agentindependentsource ↗
01

Can you run it yourself?

Fits in memory
weights load entirely on the card
Spills to system RAM
some weights offload; much slower
Too large
will not load even with offload
est
size is calculated; the verdict could change by 10%
A card many people ownToo large

GeForce RTX 4090 · 24 GB

Weights at Q4_K_M144.2 / 24 GBest
Usable contextNot calculated for spilled setups
Decode speedNot estimated for spilled setups

Too large for this card. The weights do not fit even with part of them offloaded to system memory.

One step upToo large

Apple M1 Pro (16-core GPU) · 32 GB

Weights at Q4_K_M144.2 / 32 GBest
Usable contextNot calculated for spilled setups
Decode speedNot estimated for spilled setups

Too large for this card. The weights do not fit even with part of them offloaded to system memory.

Comfortable fit

On a MacFits in memory

Apple M3 Ultra (80-core GPU) · 512 GB

Weights at Q4_K_M144.2 / 512 GBest
Spare memory233.8 GB spare
Usable context131K of 205K
Decode speed4 tok/sest

Room to spare. 233.8 GB spare means a 10% error in the size would not change the answer.

Your hardware
Checking your profile…

Memory use by level

Against a 24 GB card.

Q4_K_M
recommended
144.2 GBest
Too large
Q5_K_M
169.2 GBest
Too large
Q8_0
252.7 GBest
Too large

All 3 sizes here are calculated, not measured. We hold no measured file for this model, so each size comes from the parameter count and every verdict above inherits that uncertainty.

Check against your own machine → · All 71 devices, with every size →

02

Or rent it from someone else

Cheapest published offer

Cheapest of 17 live listings. Picked at the widest standard context we hold, within one quantisation slice, so the numbers beside it are a price one host actually charges.

per 1M tokens
$0.15 in / $0.90 out
Context served
205K
Throughput
Not measured
Current provider offers with price, context and prompt-privacy answers
ProviderIn / out per 1M tokensContextThroughputTrains on promptsLogs promptsZero retention
OpenRouter$0.15 / $0.90205Knot measuredUnknownUnknownUnknown
DigitalOcean Gradient$0.23 / $0.9066K74 tok/sNoNoConfirmed
Inceptronfp8$0.15 / $0.90197K57 tok/sNoNoConfirmed
Venice AI$0.27 / $0.95198K67 tok/sNoNoConfirmed
Mara$0.24 / $0.96197K206 tok/sNoNoConfirmed
StreamLake$0.27 / $1.08200K67 tok/sNoYesunknown periodUnknown
Parasailfp8$0.30 / $1.20197K81 tok/sNoNoConfirmed
Novita AIfp8$0.30 / $1.20205K48 tok/sNoNoConfirmed
AtlasCloudfp8$0.29 / $1.20197K75 tok/sNoYesunknown periodUnknown
Chutesfp8$0.15 / $1.20197K24 tok/sNoYesunknown periodUnknown
Minimaxfp8$0.30 / $1.20205K72 tok/sNoYesunknown periodConfirmed
Friendli$0.30 / $1.20197K65 tok/sNoYesunknown periodUnknown
SiliconFlowfp8$0.30 / $1.20197K50 tok/sNoNoConfirmed
CoreWeavefp8$0.30 / $1.20197K81 tok/sNoNoConfirmed
Phala$0.20 / $1.38197K19 tok/sNoNoConfirmed
Minimaxhighspeed tierfp8$0.60 / $2.40205K38 tok/sNoYesunknown periodUnknown
Novita AI$0.60 / $2.40205Knot measuredUnknownUnknownUnknown

Across the 17 listings we hold: 15 say they do not train on prompts, 0 say they do and 2 do not say. 10 appear in the zero-retention registry we check; the rest are unknown to us rather than confirmed either way.

What each host's API supports

From the parameter list each endpoint publishes. Streaming is omitted: nothing we hold reports it, for any model.

Supported
Not supported
Not published
host gave no parameter list
API features per host
ProviderTool callingJSON outputStrict schema
OpenRouter
DigitalOcean Gradient
Inceptronfp8
Venice AI
Mara
StreamLake
Parasailfp8
Novita AIfp8
AtlasCloudfp8
Chutesfp8
Minimaxfp8
Friendli
SiliconFlowfp8
CoreWeavefp8
Phala
Minimaxhighspeed · fp8
Novita AI

Tool calling: 16 of 17 listings say yes, 1 publishes no parameter list. JSON output: 15 of 17 listings say yes, 1 says no, 1 publishes no parameter list. Strict schema: 11 of 17 listings say yes, 5 say no, 1 publishes no parameter list.

03

Models people weigh against MiniMax M2.5

04

When we formed this view

Dates behind this page

Aug 2, 2026BenchmarkScored 1444.2 on Arena Codingleaderboard
Aug 2, 2026BenchmarkScored 1357.3 on Arena Creative Writingleaderboard
Aug 2, 2026BenchmarkScored 1415 on Arena Hard Promptsleaderboard
Aug 2, 2026BenchmarkScored 1380.3 on Arena Instruction Followingleaderboard
Aug 2, 2026BenchmarkScored 1396.3 on Arena Mathsleaderboard
Aug 2, 2026BenchmarkScored 1389.9 on Arena Text (overall)leaderboard
Aug 2, 2026BenchmarkScored 1386.3 on Arena Code (WebDev)leaderboard
Jul 29, 2026Price changeMinimax cut MiniMax M2.5 pricing by 50%input −50% ($0.60 → $0.30 per 1M tokens); output −50% ($2.40 → $1.20 per 1M tokens); cache read −50% ($0.060 → $0.030 per 1M tokens)
Jul 26, 2026ListedListed on LLMapfirst indexed by our pipeline
Feb 17, 2026BenchmarkScored 75.8 via mini-SWE-agent on SWE-bench Verifiedleaderboard

Prices last checked 4d ago

What we do not know about this model yet

  • We hold no measured file for it, so all 3 sizes on this page are calculated from the parameter count.
  • 1 of 17 listings publish no parameter list, so what their API accepts is unknown to us.
  • Nothing we hold says whether an endpoint streams, so we do not show it either way.
  • 2 of 17 listings do not say whether they train on prompts.
05

Licence and identifiers

What the licence allowsCustom licence, what it allows commercially, and the identifiers you need to pull this model — its Hugging Face repo, our slug and a machine-readable card.

Licence

Custom licence

restricted_openCustom licence — review the terms

This model ships custom license terms that don't map to a known template. We haven't parsed them, so commercial use, redistribution and derivatives are unverified — review the original terms before shipping.

Identifiers

Architecture
Mixture of experts
Modality record
text->text
Catalogue slug
minimax-minimax-m2-5

Machine-readable model card (omc.json) →

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