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MiniMax M2-her vs Fugu Max

MiniMax M2-her

MiniMax

68#179
vs
Fugu Max

sakana

40#246
Signal-by-Signal Comparison
SignalMiniMax M2-herDeltaFugu Max
Capabilities
17
-83
100
Benchmarks
70
+70
0
Pricing
99
+5
94
Context window size
76
-19
95
Recency
89
-11
100
Output Capacity
53
-29
82
Overall Result
2 wins
of 6
4 wins
Fugu Max wins 4 of 6 signals

Score History

Score History (32 data points)
MiniMax M2-herFugu Max
MiniMax M2-her

68.1

current score

Leader

MiniMax M2-her

right now

Fugu Max

40

current score

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

MiniMax M2-her

MiniMax

Best Value
Per request$0.000900
Daily$3.00
Monthly$90.00
Annual$1080.00

Fugu Max

sakana

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

MiniMax M2-her saves you $410.00/month

That's $4920.00/year compared to Fugu Max at your current usage level of 100K calls/month.

82% cheaper
Choose MiniMax M2-her for cost optimization

MiniMax M2-her pricing:
Input:$0.30/M tokens
Output:$1.20/M tokens
Fugu Max pricing:
Input:$2.00/M tokens
Output:$6.00/M tokens
Winner
MiniMax M2-her

MiniMax

68

Composite Score

Fugu Max

sakana

40

Composite Score

Signal-by-Signal Comparison
MetricMiniMax M2-herFugu MaxWinner
Overall Score
68
40
MiniMax M2-her
Rank#179#246
MiniMax M2-her
Quality Rank#179#246
MiniMax M2-her
Adoption Rank#179#246
MiniMax M2-her
Parameters------
Context Window66K1000K
Fugu Max
Pricing$0.30/$1.20/M$2.00/$6.00/M--
Signal Scores
Capabilities
17
100
Fugu Max
Benchmarks
70
--
MiniMax M2-her
Pricing
99
94
MiniMax M2-her
Context window size
76
95
Fugu Max
Recency
89
100
Fugu Max
Output Capacity
53
82
Fugu Max
Benchmark Head-to-Head(2 benchmarks)
MiniMax M2-her: 0Fugu Max: 0
MiniMax M2-her
Fugu Max
Normalized 0-100%
MMLU-Pro
82%-
Arena Elo
1346-
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 M2-herCompetitive

Scores 68/100 (rank #179), placing it in the top 39% of all 290 models tracked.

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

Scores 40/100 (rank #246), placing it in the top 16% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100

MiniMax M2-her has a 28-point advantage, which typically translates to noticeably stronger performance on complex reasoning, code generation, and multi-step tasks.

When to Use Each Model

Choose MiniMax M2-her when you need:

  • High-volume production workloads where API costs must be minimized

Choose Fugu Max when you need:

  • Processing long documents or large codebases (1000K token context)
  • Multimodal workflows that require image understanding
  • Agentic applications using tool/function calling
  • Step-by-step reasoning and chain-of-thought problem solving
Cost-Performance Analysis
MiniMax M2-herBest Value
Input cost$0.30/M tokens
Output cost$1.20/M tokens
Cost per quality point$0.022
Est. monthly (1M tokens/day)$22.50
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 M2-her offers 81% better value per quality point. At 1M tokens/day, you'd spend $22.50/month with MiniMax M2-her vs $120.00/month with Fugu Max - a $97.50 monthly difference.

Latency & Speed
MiniMax M2-herFaster
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 M2-her

Customer support chatbot

Suitable for user-facing chat with competitive response times. MiniMax M2-her also offers lower per-token costs for high-volume support

MiniMax M2-her

Long document analysis

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

Fugu Max

Batch data extraction

Lower output pricing ($1.20/M) reduces costs when processing thousands of records daily

MiniMax M2-her

Creative writing & content

Higher overall composite score (68/100) correlates with better nuance, coherence, and style in long-form content

MiniMax M2-her

Image understanding & OCR

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

Fugu Max
Which Should You Choose?
Our recommendation:
MiniMax M2-her

MiniMax M2-her clearly outperforms Fugu Max with a significant 28.099999999999994-point lead. For most general use cases, MiniMax M2-her is the stronger choice. However, Fugu Max may still excel in niche scenarios.

MiniMax M2-her
Recommended

by MiniMax

  • Choose for Quality - Marginally better benchmark scores; both are excellent
  • Choose for Cost - 81% 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 M2-herFugu Max
Vision (Image Input)differs
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 M2-her

MiniMax

Best Value
$1.98
estimated monthly cost

Fugu Max

sakana

$10.80
estimated monthly cost

MiniMax M2-her saves you $8.82/month

That's 82% 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 M2-herFugu Max
Context Window66K1M
Max Output Tokens2,048128,000
Open SourceNoNo
CreatedJan 23, 2026Sep 11, 2026
Last updated: 10m ago

相关对比

MiniMax M2-her vs Fugu Max (2026) | LM Market Cap