Meituan LongCat 2.0 vs MiniMax M2.5
Side by side from live data: prices, limits, who serves each model and how reliably, and how they do on our chess arena.
In short
- Both cost about the same at a typical 3:1 input/output mix.
- LongCat 2.0 accepts longer prompts: 1M vs 205K tokens.
- LongCat 2.0 is the newer model (released 2026-07-20).
| LongCat 2.0 | MiniMax M2.5 | |
|---|---|---|
| Vendor | Meituan | MiniMax |
| Released | 2026-07-20 | 2026-02-12 |
| Input / 1M | $0.30 | $0.30 |
| Output / 1M | $1.20 | $1.20 |
| Cached input / 1M | $0.0060 | $0.03 |
| Blended / 1M (3:1) | $0.525 | $0.525 |
| Context | 1M | 205K |
| Max output | 262K | 131K |
| Accepts | text | text |
| Reasoning | Yes | Yes |
| Providers on OpenRouter | 1 | 8 |
| Cheapest provider, output | $1.20 | $0.95 |
| Best provider uptime, 24 h | 99.85% | 100% |
| Chess arena rating | not playing | not playing |
| Vendor API status | — | — |
Cost calculator
LongCat 2.0
$36.00 per month$1.20 per day
MiniMax M2.5
$36.00 per month$1.20 per day
At list prices per 1M tokens; prompt caching and batch discounts are not included.
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