DeepSeek-V3.2 vs DeepSeek-V4-Flash-0731

Specs, VRAM requirements and download trends — updated 24 October 2026.

deepseek-ai · A · Open weights
Params
685.4 B
Context
163,840
30d
5.4 M
mit · commercial OK
deepseek-ai · B · Open weights
Params
304.2 B
Context
1,048,576
30d
4.3 M
mit · commercial OK

Specification comparison

Differences are highlighted; identical values are muted.

Specification DeepSeek-V3.2 DeepSeek-V4-Flash-0731
Deployment Open weights · also via API Open weights · also via API
Parameters 685.4 B 304.2 B
Architecture DeepseekV32ForCausalLM DeepseekV4ForCausalLM
Context length 163,840 1,048,576
Licence mit mit
Commercial use Allowed Allowed
Languages — —
Downloads 30d 5,435,964 4,348,313
Downloads all time 30.4 M 11.9 M
Quantizations on the Hub SAFETENSORS SAFETENSORS
Gated No No
First seen on the Hub 2025-12-01 2026-07-31
API input price / 1M tokens $0.28 $0.044
API output price / 1M tokens $0.42 $0.13
Est. cost per 1M input + 1M output tokens $0.70 $0.18
Cached input / 1M tokens $0.028 $0.0014
AA Intelligence Index 21.5 34.3
AA Coding Index 44.2 69.1
AA Agentic Index — 41
Max output tokens 65,536 131,072
API providers 11 22
Tool calling Yes Yes
Reasoning mode Yes Yes

API cost

Estimated cost of 1M input + 1M output tokens via OpenRouter

DeepSeek-V3.2 $0.70
DeepSeek-V4-Flash-0731 $0.18

DeepSeek-V4-Flash-0731 is 3.9× cheaper at list price.

Download trend

Daily snapshots, last 89 days (28 Jul – 24 Oct)

5.5 M236 K
DeepSeek-V3.2 DeepSeek-V4-Flash-0731 A overtook B on 11 Oct

VRAM side by side

On RTX 4090 · 24 GB · 8K context unless noted

DeepSeek-V3.2 · fp16 @ 160K ctx 2,815.1 GB / 24 GB
❌ Won’t fit
DeepSeek-V4-Flash-0731 · fp16 @ 1024K ctx 6,024.3 GB / 24 GB
❌ Won’t fit

Adjacent comparisons