Models
Hyphen serves ten models behind one base URL. They are real provider model
names — all MiniMax models, attributed as such. Put the exact ID in the
model field of a request; there are no invented aliases, and any other ID
returns an error.
Rates are USD per 1M tokens, metered per token. These are the rates — there are no others: credits and subscription allowances both spend at exactly these numbers.
| Model | One-line description | Context | Provider | Input / 1M | Output / 1M |
|---|---|---|---|---|---|
minimax-m3 | Flagship — newest M-series generation, built for hard reasoning | ~205k | MiniMax | $0.30 | $1.20 |
minimax-m2.7 | Balanced daily driver — the sensible default for most agent work | ~205k | MiniMax | $0.30 | $1.20 |
minimax-m2.5 | Fast — cheap, low-latency, high-volume calls | ~205k | MiniMax | $0.30 | $1.20 |
minimax-m2.7-highspeed | Latency-tuned minimax-m2.7 — same model, faster serving, 2x price | ~205k | MiniMax | $0.60 | $2.40 |
minimax-m2.5-highspeed | Latency-tuned minimax-m2.5 — same model, faster serving, 2x price | ~205k | MiniMax | $0.60 | $2.40 |
minimax-m2.1-highspeed | Latency-tuned minimax-m2.1 — same model, faster serving, 2x price | ~205k | MiniMax | $0.60 | $2.40 |
minimax-m2.1 | Previous-generation midrange — superseded by m2.5, same rate | ~205k | MiniMax | $0.30 | $1.20 |
minimax-m2 | Oldest M-series generation still served — for legacy configs | ~205k | MiniMax | $0.30 | $1.20 |
minimax-m2-her | Role-play / dialogue chat tuning — not a coding model | 66k | MiniMax | $0.30 | $1.20 |
minimax-text-01 | Long-context text — for very large inputs | 4M | MiniMax | $0.20 | $1.10 |
Three groups, in the order of the table:
- Flagship / daily / fast —
minimax-m3,minimax-m2.7,minimax-m2.5. Start here; these are the models the guides use. - Highspeed variants —
minimax-m2.7-highspeed,minimax-m2.5-highspeed,minimax-m2.1-highspeed. The same weights as their standard siblings on latency-tuned serving, at exactly twice the per-token rate. Pick one only when time-to-first-token matters more than cost. - Older generations & specialty —
minimax-m2.1andminimax-m2are earlier M-series generations kept so existing configs keep working. Note the rate card: they meter at the same rate asminimax-m3, so there is no price reason to pick them — only compatibility.minimax-m2-heris tuned for role-play and dialogue chat (66k context);minimax-text-01is the long-context text model and the cheapest per token.
All ten are served by the same gateway and billed against the same monthly cap on your key.
How metering works
Per-token, at the rates in the table, everywhere. A request costs
input_tokens × input rate + output_tokens × output rate — no request fees, no
minimums, no markup layered on top. The same rates apply to every way you pay:
- Credits are 1:1. $1 of prepaid credit buys $1 of usage at the listed rates, with no deposit or platform fees.
- Subscription allowances draw down at the same rates. A plan's monthly allowance is spent per token exactly like credit — there is no separate, worse "subscription rate."
Every response includes a usage field with the exact input and output token
counts that were billed, so you can audit any request against this table —
multiply it out yourself and it will match what the console shows.
For scale: at a typical coding-agent mix (~3:1 input), $10 buys
roughly 19M tokens on the standard M-series, ~9.5M on a highspeed
variant, or ~23.5M on minimax-text-01.
The catalog can change — with notice
These are real model IDs, not permanent aliases. When MiniMax ships a new
generation, or Hyphen adds or retires a model, the catalog changes and we
announce it in advance so you can update your configs. GET /v1/models
always returns the current catalog — treat it as the source of truth.
Staged next: DeepSeek V4 Flash (deepseek-v4-flash) is coming to the
catalog. It is not live yet — it will appear in GET /v1/models when it
ships.
Fallback during provider incidents
During a provider incident, a request may be served by a smaller model of the same family instead of failing. The gateway never silently swaps in a different provider's model. The fallback ladders are:
minimax-m3→minimax-m2.7→minimax-m2.5- Any
-highspeedmodel → its standard sibling → the next model down (for exampleminimax-m2.7-highspeed→minimax-m2.7→minimax-m2.5) minimax-m2.5→minimax-m2.1→minimax-m2minimax-m2,minimax-m2-her, andminimax-text-01have no fallback — during an incident those requests fail rather than being served by a different model.
The model field in every response reports the model that actually served
the request, so you can always tell.
List what your key can reach
Code
Code
Picking a model for a coding agent
Coding agents lean hard on whichever model you set as primary. For Claude
Code, Codex CLI, Hermes, and OpenClaw we suggest minimax-m3 (the
flagship) as the primary model, with minimax-m2.5 for cheap background calls.
Each agent page shows the exact config. minimax-m2-her is a chat-tuned
model — don't wire it into a coding agent.
Related
- Quickstart — your first request.
- Connect your coding agent — per-tool setup.
- API Reference — every endpoint, interactively.