MiniMax API pricing and price changes
8 MiniMax models we price today. Since Mar 26, 2024 we recorded 14 list-price changes on OpenRouter: 5 cuts and 9 increases.
MiniMax models
| Model | Chat answer | In / out per 1M | Released |
|---|---|---|---|
 MiniMax M3 | 0.12¢$1.18 / 1,000 | $0.30 / $1.20 | May 31, 2026 |
MiniMax M2.7 | 0.12¢$1.18 / 1,000 | $0.30 / $1.20 | Mar 18, 2026 |
MiniMax M2.5 | 0.09¢$0.94 / 1,000 | $0.27 / $0.95 | Feb 12, 2026 |
MiniMax M2-her | 0.12¢$1.18 / 1,000 | $0.30 / $1.20 | Jan 23, 2026 |
MiniMax M2.1 | 0.12¢$1.18 / 1,000 | $0.30 / $1.20 | Dec 23, 2025 |
MiniMax M2 | 0.10¢$1.00 / 1,000 | $0.26 / $1.02 | Oct 23, 2025 |
MiniMax M1 | 0.22¢$2.16 / 1,000 | $0.55 / $2.20 | Jun 18, 2025 |
MiniMax-01 | 0.11¢$1.06 / 1,000 | $0.20 / $1.10 | Jan 15, 2025 |
Price change log
Changes of at least 5% in the OpenRouter list price, detected between weekly snapshots (Internet Archive copies of the public model list before October 2026, our daily pulls after). For open-weight models a change can mean a different cheapest host.
| Model | Change | Input | Output |
|---|---|---|---|
| MiniMax M2.7Oct 5, 2026 → Oct 16, 2026 | +43% | $0.21 → $0.30 | $0.84 → $1.20 |
| MiniMax M2.5Aug 24, 2026 → Oct 16, 2026 | -12% | $0.27 → $0.27 | $1.08 → $0.95 |
| MiniMax M2Sep 29, 2026 → Oct 16, 2026 | -15% | $0.30 → $0.26 | $1.20 → $1.02 |
| MiniMax M2.7Sep 2, 2026 → Oct 5, 2026 | -30% | $0.30 → $0.21 | $1.20 → $0.84 |
| MiniMax M1Sep 21, 2026 → Oct 5, 2026 | +38% | $0.40 → $0.55 | $2.20 → $2.20 |
| MiniMax M2Jul 28, 2026 → Sep 29, 2026 | +18% | $0.26 → $0.30 | $1.02 → $1.20 |
| MiniMax M1Jul 17, 2026 → Sep 21, 2026 | -27% | $0.55 → $0.40 | $2.20 → $2.20 |
| MiniMax M2.7Aug 24, 2026 → Sep 2, 2026 | +25% | $0.24 → $0.30 | $0.96 → $1.20 |
| MiniMax M2.7Aug 14, 2026 → Aug 24, 2026 | -20% | $0.30 → $0.24 | $1.20 → $0.96 |
| MiniMax M2.5Aug 21, 2026 → Aug 24, 2026 | +14% | $0.27 → $0.27 | $0.95 → $1.08 |
| MiniMax M3 (batch)Aug 14, 2026 → Aug 21, 2026 | +100% | $0.15 → $0.30 | $0.60 → $1.20 |
| MiniMax M2.5Aug 14, 2026 → Aug 21, 2026 | +6% | $0.22 → $0.27 | $0.90 → $0.95 |
| MiniMax M2.7Jul 17, 2026 → Aug 14, 2026 | +20% | $0.25 → $0.30 | $1.00 → $1.20 |
| MiniMax M2.5Jul 17, 2026 → Aug 14, 2026 | +47% | $0.15 → $0.22 | $0.90 → $0.90 |