MiniMax M3

Name: MiniMax M3
Brand: MiniMax
Price: 1.2 USD

latest MiniMax

Verified 2026-10-15 against the pages listed below. Prices are USD per 1M tokens, list rate — no committed-use, enterprise or volume discount.

Input

$0.3

Cached input

$0.06

Cache write

—

Output

$1.20

Context window

1,000,000

Max output

262,144

Weights

open

Caching

automatic

labelled "Permanent 50% off" on MiniMax's own pricing page, from $0.60/$2.40. Above 512K input: $0.60 in / $0.12 cached / $2.40 out. Priority tier 1.5x

1M stated on MiniMax's own text-generation doc and priced in two tiers with the step at 512K input. The 262,144 max output is from OpenRouter; MiniMax states none

automatic passive caching from 512 input tokens; the explicit cache_control API lists only the M2 line

Licence: MiniMax Community License — non-commercial grant; commercial use needs attribution, and written authorisation above $20M yearly revenue

Watch out

"Permanent" is MiniMax's word for the 50% discount, not a contract — budget the $0.60/$2.40 it is struck through from. Above 512K input the rate doubles. The weights are open under the MiniMax Community License, which is non-commercial by default: commercial use needs "Built with MiniMax M3" attribution and, above $20M yearly revenue, written authorisation

What we would use it for

Cheap general-purpose model with an 80% cached-input discount

What this has cost, week by week

Output price at each refresh since 2026-07-30. A vendor change is the provider changing its price. Our correction means this board changed what it prints and the provider's charge did not move — the two are never merged, because publishing the second as the first would be a price rise that never happened.

07-30 $1.20→08-06 $1.20→08-14 $1.20→08-20 $1.20→08-27 $1.20→09-03 $1.20→09-10 $1.20→09-17 $1.20→09-24 $1.20→10-01 $1.20→10-08 $1.20→10-15 $1.20

newly stated2026-09-03 · max_output — 262,144 stated on the OpenRouter model page this row already cites. The price is unchanged: Together still lists $0.30/$0.06/$1.20, which is the rate this row prints.

newly stated2026-09-24 · weights — open, under the MiniMax Community License, stated on MiniMax's own deploy guide and the Hugging Face card — previously unverified.

Where these numbers came from

No number on this page was written that was not read from one of those pages on 2026-10-15. If one is wrong, send us the source URL and it is corrected in the next weekly refresh, with a changelog line saying what was wrong — contact@naderu.com.

The rest of the board

This row sits alongside 69 others on the model board, refreshed every week. The same data as JSON, and the terms for using it, are at /board-data.