DeepSeek-V3.2 vs Hy4-preview

Specs, VRAM requirements and download trends — updated 25 October 2026.

deepseek-ai · A · Open weights
Params
685.4 B
Context
163,840
30d
5.6 M
mit · commercial OK
tencent · B · Open weights
Params
780.0 B
Context
1,048,576
30d
18 K
apache-2.0 · commercial OK

Specification comparison

Differences are highlighted; identical values are muted.

Specification DeepSeek-V3.2 Hy4-preview
Deployment Open weights · also via API Open weights · also via API
Parameters 685.4 B 780.0 B
Architecture DeepseekV32ForCausalLM HYV4ForCausalLM
Context length 163,840 1,048,576
Licence mit apache-2.0
Commercial use Allowed Allowed
Languages — —
Downloads 30d 5,571,243 18,369
Downloads all time 30.7 M 39 K
Quantizations on the Hub SAFETENSORS SAFETENSORS
Gated No No
First seen on the Hub 2025-12-01 2026-08-27
API input price / 1M tokens $0.28 $0.83
API output price / 1M tokens $0.42 $2.50
Est. cost per 1M input + 1M output tokens $0.70 $3.34
Cached input / 1M tokens $0.028 $0.042
AA Intelligence Index 21.5 —
AA Coding Index 44.2 —
AA Agentic Index — —
Max output tokens 65,536 64,000
API providers 11 5
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
Hy4-preview $3.34

DeepSeek-V3.2 is 4.8× cheaper at list price.

Download trend

Daily snapshots, last 90 days (28 Jul – 25 Oct)

5.6 M18 K
DeepSeek-V3.2 Hy4-preview

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
Hy4-preview · fp16 @ 1024K ctx 16,691.7 GB / 24 GB
❌ Won’t fit

Adjacent comparisons