OptimToken › Models by maker › MiniMax

MiniMax API pricing

As of 2026-10-05, the OptimToken catalogue holds 8 MiniMax models. By price tier, 1 is Mid-tier and 7 Budget. The cheapest is MiniMax M2.7 at $0.21 per 1M input tokens and $0.84 per 1M output tokens. The most expensive is MiniMax M1 at $0.55 input and $2.20 output, 2.6x the cheapest on blended price (30% input, 70% output). These are the prices we quote: a model sold by several hosts has other rates, listed on its own page.

MiniMax models and prices

MiniMax models, cheapest first on blended price (30% input, 70% output). USD per 1M tokens, data snapshot 2026-10-05.
Model	Input	Output	Batch (in / out)	Cache read	Context	Licence
MiniMax M2.7	$0.21	$0.84	not published	$0.04	205K	Proprietary
MiniMax-01	$0.20	$1.10	not published	not published	1M	Proprietary
MiniMax M2.5	$0.27	$1.08	not published	$0.03	205K	Proprietary
MiniMax M2	$0.30	$1.20	not published	not published	205K	Proprietary
MiniMax M2-her	$0.30	$1.20	not published	$0.03	66K	Proprietary
MiniMax M2.1	$0.30	$1.20	not published	$0.03	205K	Proprietary
MiniMax M3	$0.30	$1.20	not published	$0.06	1M	Proprietary
MiniMax M1	$0.55	$2.20	not published	not published	1M	Proprietary

Published discounts: a prompt-cache read rate for 5 of the 8 and a batch rate for none. The most recent by release date is MiniMax M3 (2026-06). Arena ELO scores (as of 2026-10-02) exist for 2 of the 8; the highest is MiniMax M3 at 1440.

Licences

All 8 are recorded here as proprietary: access is through an API, priced by the token. Licences are as recorded in this catalogue: check the maker's own terms before relying on one.

Price changes since tracking began

Our daily price archive began on 2026-08-15 and holds a record for all 8 models. The price we quote has changed for 4 of them, 15 times in all, 8 of those changes flagged as a change of quoted host rather than a repricing. The most recent was to MiniMax M1 on 2026-10-02: +2.7% on the blended price (30% input, 70% output) (quoted host changed, not a repricing). Last checked against the 2026-10-05 snapshot.

Each row is a model's most recent change. Its own page has the full history.

Model	Date	Old price (in / out)	New price (in / out)	Blended change	Changes in all
MiniMax M1	2026-10-02	$0.40 / $2.20	$0.55 / $2.20	+2.7% (quoted host changed, not a repricing)	6
MiniMax M2.7	2026-09-29	$0.30 / $1.20	$0.21 / $0.84	-30.0% (quoted host changed, not a repricing)	5
MiniMax M2	2026-09-24	$0.26 / $1.02	$0.30 / $1.20	+17.6% (quoted host changed, not a repricing)	1
MiniMax M2.5	2026-08-22	$0.27 / $0.95	$0.27 / $1.08	+12.2%	3

Head-to-head comparisons

Models from MiniMax appear on 1 ready-made side-by-side page.

MiniMax M3 vs GLM 5.2

Other makers

Models by maker: every model in the catalogue, including makers with fewer than 3.

These are list prices.

Your real cost also depends on caching and batching, negotiated discounts, marketplace agreements, and the contracts you already have. OptimNow audits exactly that.

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