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DeepSeek V3.1 vs MiniMax M2 (Comparative Analysis)

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Comparative Analysis: DeepSeek V3.1 vs. MiniMax M2
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Overview

DeepSeek V3.1 was released 2 months before MiniMax M2.
DeepSeek V3.1DeepSeek V3.1
MiniMax M2MiniMax M2
Model Provider
The organization behind this AI's development
DeepSeek logoDeepSeek
MiniMax logoMiniMax
Input Context Window
Maximum input tokens this model can process at once
163.8K
tokens
204.8K
tokens
Output Token Limit
Maximum output tokens this model can generate at once
163.8K
tokens
131.1K
tokens
Release Date
When this model first became publicly available
August 21st, 2025
October 23rd, 2025

Capabilities & Features

Compare supported features, modalities, and advanced capabilities
DeepSeek V3.1
MiniMax M2
Input Types
Supported input formats
📝Text
📝Text
Output Types
Supported output formats
📝Text
📝Text
Tokenizer
Text encoding system
DeepSeekOther
Key Features
Advanced capabilities
Function CallingStructured OutputReasoning ModeContent Moderation
Function CallingStructured OutputReasoning ModeContent Moderation
Open Source
Model availability
Available on HuggingFace →Available on HuggingFace →

Pricing

DeepSeek V3.1 is roughly 0.8x less expensive compared to MiniMax M2 for input tokens and roughly 0.8x less expensive for output tokens.
DeepSeek V3.1DeepSeek V3.1
MiniMax M2MiniMax M2
Input Token Cost
Cost per million input tokens
$0.20
per million tokens
$0.26
per million tokens
Output Token Cost
Cost per million outut tokens
$0.80
per million tokens
$1.02
per million tokens

Benchmarks

Compare relevant benchmarks between DeepSeek V3.1 and MiniMax M2.
DeepSeek V3.1DeepSeek V3.1
MiniMax M2MiniMax M2
MMLU
Measures knowledge across 57 subjects like law, math, history, and science
Benchmark not available.
Benchmark not available.
MMMU
Measures understanding of combined text and images across various domains
Benchmark not available.
Benchmark not available.
HellaSwag
Measures common sense reasoning by having models complete sentences about everyday situations
Benchmark not available.
Benchmark not available.

At a Glance

Quick overview of what makes DeepSeek V3.1 and MiniMax M2 unique.
DeepSeek logoDeepSeek V3.1 by DeepSeek can use external tools and APIs, offers advanced reasoning, generates structured data. It can handle standard conversations with its 163.8K token context window. Very affordable at $0.20/M input and $0.80/M output tokens. Released August 21st, 2025.
MiniMax logoMiniMax M2 by MiniMax can use external tools and APIs, offers advanced reasoning, generates structured data. It can handle standard conversations with its 204.8K token context window. Very affordable at $0.26/M input and $1.02/M output tokens. Released October 23rd, 2025.

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