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MiniMax M2.1 Preview

MiniMax

Key facts · verified Oct 29, 2026

MiniMax M2.1 Preview is a MiniMax model released on 22 Dec 2025. Its API price is $0.30 per million input tokens and $1.20 per million output tokens. Its context window is 204.8K tokens. It ranks #188 on LMArena's text leaderboard (Elo 1385, read 2 Nov 2026). Source: huggingface.co.

MiniMax M2.1 Preview is LMArena's label for MiniMax-M2.1, which MiniMax released on December 22, 2025. It has a 204.8K-token context window, and MiniMax lists API pricing of $0.30 per million input tokens and $1.20 per million output tokens, in the legacy section of its pricing page. The weights are published under a modified MIT licence, so it can be self-hosted, and on LMArena it holds 1385 Elo (rank 188).

Pricing & specs checkedSource: vendor documentation · checked Oct 29, 2026LMArena: 1385 Elo (rank 188) · source · retrieved Nov 2, 2026
Pricing

$0.30 / $1.20 per million tokens

Context

204.8K tokens

LMArena Elo

1385

LMArena rank

#188

Full Specifications

$0.30 / $1.20 per million tokens
Identity
DeveloperMiniMax
ReleasedDec 2025
LicenceModified MIT
Self-hostableYes
Cost
Blended $/1M tokensinput × 0.75 + output × 0.25$0.525 / 1M tokens
Input price$0.300 / 1M tokens
Output price$1.200 / 1M tokens
Capacity
Context window204.8K tokens
Measured quality
LMArena Elo1385 (checked Nov 2026)
LMArena rankRank 188
Elo per dollarLMArena Elo ÷ blended $/1M tokens2638