MiniMax M3
MiniMax's sparse MoE release positioned around cheap agentic throughput, with interleaved thinking on by default and a listed API price well under a dollar per million input tokens.
Routable on MicroRouter
Use minimax/minimax-m3 via the API →- Price
- $0.40 / $1.60
- Per 1M input / output tokens per the announcement
- Weights
- Planned
- MiniMax says weights will follow the launch
- Thinking
- Always on
- Interleaved thinking runs by default; no off switch in v1
- Context
- 200K
- Per the announcement's spec table
Publisher pricing
Pricing below comes from the release announcement and does not represent a MicroRouter route or price.
| Phase | Input / 1M | Output / 1M | Blended / 1M | Effective | Source |
|---|---|---|---|---|---|
| Standard | $0.40 | $1.60 | $0.70 | Aug 9, 2026 – open-ended | MiniMax ↗ |
Publisher-reported benchmarks
Results are grouped by unit. Percentage, Elo, and task-count results never share a scale.
| Benchmark | Reported result | Reported by | As of | Source |
|---|---|---|---|---|
| DeepSWE v1.1 | 61.2% | MiniMax | Aug 9, 2026 | Announcement ↗ |
| SWE-Bench Pro | 58.2% | MiniMax | Aug 9, 2026 | Announcement ↗ |
| Terminal Bench 3.0 | 31.5% | MiniMax | Aug 9, 2026 | Announcement ↗ |
| GPQA Diamond | 85.1% | MiniMax | Aug 9, 2026 | Announcement ↗ |
- — MiniMax reports the benchmark figures; MicroRouter has not reproduced them.
Independent measurements
Artificial Analysis runs its own evaluations and timing against each model's first-party API. These are the only numbers on this page not reported by the publisher.
MiniMax-M3 ranks #37 of 448 model families on their Intelligence Index.
- Intelligence Index
- 45.4
- Composite of their evaluations
- Coding Index
- 58.6
- Coding evaluations only
- Blended price
- $0.53
- USD per 1M tokens, 3:1 input to output, first-party list
- Output speed
- 106
- Median tokens per second
- First answer token
- 20s
- Median seconds, including reasoning
MiniMax-M3 on Artificial Analysis ↗
Source: Artificial Analysis ↗, read Sep 2, 2026. Measured on the model's first-party API, not a MicroRouter route.
What is not independently confirmed
- Every figure on this page is self-reported by the cited publisher. MicroRouter did not run these benchmarks.
- Benchmark harnesses are not standardised. Results sharing a name across vendors have not been confirmed to use identical runs.
- Publisher pricing can change, and introductory phases have stated end dates.
- MiniMax M3 is routable through MicroRouter today; live pricing on its model page is authoritative over the publisher figures here.
Related coverage
Other release dossiers and the current MicroRouter catalog.
Sources
- Read at MiniMax ↗
MiniMax announcement
Published Aug 9, 2026
- Read at Artificial Analysis ↗
Artificial Analysis model page
Published Sep 2, 2026
Editorial reference revised 2026-09-02. Catalog status comes from the generated routing snapshot.