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MiniMax-01 vs Fugu Max

MiniMax-01

MiniMax

40#395
vs
Fugu Max

sakana

40#248
Signal-by-Signal Comparison
SignalMiniMax-01DeltaFugu Max
Capabilities
33
-67
100
Pricing
99
+5
94
Context window size
95
--
95
Recency
21
-79
100
Output Capacity
95
+14
82
Overall Result
2 wins
of 5
2 wins
It's a tie - both models win 2 signals each

Score History

Score History (32 data points)
MiniMax-01Fugu Max
MiniMax-01

40

current score

Leader

Tied

right now

Fugu Max

40

current score

LMMarketCap.com
Interactive Price Comparison
100Kcalls/month
1,000tokens (~1,333 chars)
500tokens (~667 chars)

MiniMax-01

MiniMax

Best Value
Per request$0.000750
Daily$2.50
Monthly$75.00
Annual$900.00

Fugu Max

sakana

Per request$0.005000
Daily$16.67
Monthly$500.00
Annual$6000.00

MiniMax-01 saves you $425.00/month

That's $5100.00/year compared to Fugu Max at your current usage level of 100K calls/month.

85% cheaper
Choose MiniMax-01 for cost optimization

MiniMax-01 pricing:
Input:$0.20/M tokens
Output:$1.10/M tokens
Fugu Max pricing:
Input:$2.00/M tokens
Output:$6.00/M tokens
Tie
MiniMax-01

MiniMax

40

Composite Score

Tie
Fugu Max

sakana

40

Composite Score

Signal-by-Signal Comparison
MetricMiniMax-01Fugu MaxWinner
Overall Score
40
40
--
Rank#395#248
Fugu Max
Quality Rank#395#248
Fugu Max
Adoption Rank#395#248
Fugu Max
Parameters------
Context Window1000K1000K
MiniMax-01
Pricing$0.20/$1.10/M$2.00/$6.00/M--
Signal Scores
Capabilities
33
100
Fugu Max
Pricing
99
94
MiniMax-01
Context window size
95
95
MiniMax-01
Recency
21
100
Fugu Max
Output Capacity
95
82
MiniMax-01
Benchmark Interpretation

Our score (0-100) is driven by benchmark performance (90%) from Arena Elo ratings, MMLU, GPQA, HumanEval, SWE-bench, and 15+ standardized evaluations. Capabilities and context window serve as tiebreakers (10%). Learn more about our methodology.

MiniMax-01Entry Level

Scores 40/100 (rank #395), placing it in the top -36% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100
Fugu MaxEntry Level

Scores 40/100 (rank #248), placing it in the top 15% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100

With only a 0-point gap, these models are in the same performance tier. The practical difference in output quality is minimal - your choice should depend on pricing, latency requirements, and specific feature needs.

When to Use Each Model

Choose MiniMax-01 when you need:

  • High-volume production workloads where API costs must be minimized
  • Self-hosted deployments where you need full control over the model

Choose Fugu Max when you need:

  • Agentic applications using tool/function calling
  • Step-by-step reasoning and chain-of-thought problem solving
Cost-Performance Analysis
MiniMax-01Best Value
Input cost$0.20/M tokens
Output cost$1.10/M tokens
Cost per quality point$0.033
Est. monthly (1M tokens/day)$19.50
Fugu Max
Input cost$2.00/M tokens
Output cost$6.00/M tokens
Cost per quality point$0.200
Est. monthly (1M tokens/day)$120.00

MiniMax-01 offers 84% better value per quality point. At 1M tokens/day, you'd spend $19.50/month with MiniMax-01 vs $120.00/month with Fugu Max - a $100.50 monthly difference.

Latency & Speed
MiniMax-01Faster
Speed score0/100
Fugu Max
Speed score0/100

Both models have comparable response speeds. For most applications, the latency difference is negligible.

When latency matters most: Interactive chatbots, IDE code completion, real-time translation, and user-facing applications where response time directly impacts experience. For batch processing, background summarization, or offline analysis, latency is less critical.

Example Use Cases

Code generation & review

Based on overall model capabilities and architecture for coding tasks like generating functions, debugging, and refactoring

MiniMax-01

Customer support chatbot

Suitable for user-facing chat with competitive response times. MiniMax-01 also offers lower per-token costs for high-volume support

MiniMax-01

Long document analysis

Larger context window (1000K tokens) can process longer documents, contracts, and research papers in a single pass

MiniMax-01

Batch data extraction

Lower output pricing ($1.10/M) reduces costs when processing thousands of records daily

MiniMax-01

Creative writing & content

Higher overall composite score (40/100) correlates with better nuance, coherence, and style in long-form content

MiniMax-01

Image understanding & OCR

Supports vision input - can analyze screenshots, diagrams, photos, and scanned documents directly

MiniMax-01
Which Should You Choose?
Our recommendation:
MiniMax-01

MiniMax-01 and Fugu Max are extremely close in overall performance (only 0 points apart). Your best choice depends entirely on which specific strengths matter most for your use case.

MiniMax-01
Recommended

by MiniMax

  • Choose for Quality - Marginally better benchmark scores; both are excellent
  • Choose for Cost - 84% lower pricing; better value at scale
  • Choose for Reliability - Higher uptime and faster response speeds
  • Choose for Prototyping - Stronger community support and better developer experience
  • Choose for Production - Wider enterprise adoption and proven at scale

by sakana

Consider for specialized use cases.

Capability Comparison
CapabilityMiniMax-01Fugu Max
Vision (Image Input)
Function Callingdiffers
Streaming
JSON Modediffers
Reasoningdiffers
Web Searchdiffers
Image Output
Monthly Cost Calculator
1,000tokens (600 in / 400 out)
100requests/day (3,000/month)

MiniMax-01

MiniMax

Best Value
$1.68
estimated monthly cost

Fugu Max

sakana

$10.80
estimated monthly cost

MiniMax-01 saves you $9.12/month

That's 84% cheaper than Fugu Max at 1,000 tokens/request and 100 requests/day.

Assumes 60% input / 40% output token ratio per request. Actual costs may vary based on your usage pattern.

Parameters & Context
ParameterMiniMax-01Fugu Max
Context Window1.0M1M
Max Output Tokens900,172128,000
Open SourceYesNo
CreatedJan 15, 2025Sep 11, 2026
Last updated: 48m ago

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MiniMax-01 vs Fugu Max (2026) | LM Market Cap