# DeepSeek V3.2 (Thinking) vs MiniMax M2.5

> Side-by-side benchmark comparison for DeepSeek V3.2 (Thinking) and MiniMax M2.5 across agentic, coding, multimodal, knowledge, reasoning, multilingual, and math tasks.

- Canonical page: https://benchlm.ai/compare/deepseek-v3-2-thinking-vs-minimax-m2-5
- Last updated: October 17, 2026

- Shared sourced benchmarks: 1
- HTML indexing: indexable
- Ranking lane: BenchAlign v5.8

## Quick Verdict

Evidence is too thin for a benchmark verdict: DeepSeek V3.2 (Thinking) and MiniMax M2.5 share only 1 sourced benchmark row.

## Summary

- Only 1 shared sourced benchmark row is available. That is not enough for a broad capability verdict, so this mirror does not name an overall winner.
- MiniMax M2.5 has the lower published output-token price.

## Model Snapshot

| Property | DeepSeek V3.2 (Thinking) | MiniMax M2.5 |
|----------|----------|----------|
| Creator | DeepSeek | MiniMax |
| Type | Open Weight | Proprietary |
| Reasoning | Reasoning | Non-Reasoning |
| Context | 128K | 128K |
| Independent public score (not head-to-head) | null | 49.95 |
| Benchmarks Covered | 2 | 1 |
| Pricing (input/output) | $0.55 / $2.19 | $0.30 / $1.20 |

## Category Breakdown

### Agentic

- Winner: Insufficient shared evidence
- DeepSeek V3.2 (Thinking) public-lane score: Coming soon
- MiniMax M2.5 public-lane score: 28 (Estimated · #97/128)

### Coding

- Winner: Insufficient shared evidence
- DeepSeek V3.2 (Thinking) public-lane score: 30.3 (Estimated · #95/150)
- MiniMax M2.5 public-lane score: 34.1 (Estimated · #81/150)

| Benchmark | DeepSeek V3.2 (Thinking) | MiniMax M2.5 | Winner |
|-----------|-----------|-----------|--------|
| Vibe Code Bench | 5.11% | 14.85% | MiniMax M2.5 |

### Mathematics

- Winner: Insufficient shared evidence
- DeepSeek V3.2 (Thinking) public-lane score: Coming soon
- MiniMax M2.5 public-lane score: Coming soon

| Benchmark | DeepSeek V3.2 (Thinking) | MiniMax M2.5 | Winner |
|-----------|-----------|-----------|--------|
| AIME 2025 | 93.1% | Coming soon | Coming soon |

## FAQ

### Is there enough evidence to pick between DeepSeek V3.2 (Thinking) and MiniMax M2.5?

Not yet. The models share only 1 sourced benchmark row, so this mirror reports the available measurements and metadata without naming a broad winner.

### What can I compare safely on this page?

Published pricing, context windows, model type, and individual shared benchmark rows are directly comparable. Independent overall scores and non-overlapping benchmark coverage are labeled separately and should not be read as a controlled head-to-head result.

## Related Comparisons

- [DeepSeek V3.2 (Thinking) vs DeepSeek V3.2](/compare/deepseek-v3-2-vs-deepseek-v3-2-thinking)
- [MiniMax M2.5 vs DeepSeek V3.2](/compare/deepseek-v3-2-vs-minimax-m2-5)
- [DeepSeek V3.2 (Thinking) vs Claude Opus 5.5](/compare/claude-opus-5-5-vs-deepseek-v3-2-thinking)
- [MiniMax M2.5 vs Claude Opus 5.5](/compare/claude-opus-5-5-vs-minimax-m2-5)

## Explore More

- [DeepSeek V3.2 (Thinking) profile](/models/deepseek-v3-2-thinking)
- [MiniMax M2.5 profile](/models/minimax-m2-5)
- [Compare Pricing](/llm-pricing)
- [Alternative Finder](/tools/alternative-finder)
- [LLM Selector](/tools/llm-selector)
- [Overall Rankings](/best/overall)