DeepSeek-V3.2 vs MiniMax-M2.7

Specs, VRAM requirements and download trends — updated 10 November 2026.

deepseek-ai · A · Open weights
Params
685.4 B
Context
163,840
30d
7.6 M
mit · commercial OK
MiniMaxAI · B · Open weights
Params
228.7 B
Context
204,800
30d
302 K

Specification comparison

Differences are highlighted; identical values are muted.

Specification DeepSeek-V3.2 MiniMax-M2.7
Deployment Open weights · also via API Open weights · also via API
Parameters 685.4 B 228.7 B
Architecture DeepseekV32ForCausalLM MiniMaxM2ForCausalLM
Context length 163,840 204,800
Licence mit other
Commercial use Allowed Unknown
Languages — —
Downloads 30d 7,616,440 302,065
Downloads all time 35.7 M 8.1 M
Quantizations on the Hub SAFETENSORS SAFETENSORS
Gated No No
First seen on the Hub 2025-12-01 2026-04-09
API input price / 1M tokens $0.26 $0.21
API output price / 1M tokens $0.38 $0.84
Est. cost per 1M input + 1M output tokens $0.64 $1.05
Cached input / 1M tokens $0.13 $0.042
AA Intelligence Index — —
AA Coding Index 44.2 52.6
AA Agentic Index — 15.3
Max output tokens 147,456 176,947
API providers 7 2
Tool calling Yes Yes
Reasoning mode Yes Yes

API cost

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

DeepSeek-V3.2 $0.64
MiniMax-M2.7 $1.05

DeepSeek-V3.2 is 1.6× cheaper at list price.

Download trend

Daily snapshots, last 90 days (13 Aug – 10 Nov)

7.6 M302 K
DeepSeek-V3.2 MiniMax-M2.7

VRAM side by side

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

MiniMax-M2.7 · fp16 @ 200K ctx 1,111.2 GB / 24 GB
❌ Won’t fit
DeepSeek-V3.2 · fp16 @ 160K ctx 2,815.1 GB / 24 GB
❌ Won’t fit

Adjacent comparisons