Today's price · per 1M tokens
Input
$0.200
per 1M tokens
Output
$0.750
per 1M tokens
Blended
$0.338
blended $/1M — 3:1 weighted input:output
Cached input
$0.020
10% of input — prompt caching
How this price is scoped: These are Inception's list prices, per 1M tokens: $0.20 input / $0.02 cached input / $0.75 output. Mercury 2.5 launched on an undated 80%-off promotion ($0.04 / $0.15); Inception's rate card no longer shows that discount, and lists Mercury 2.5 at the full price with nothing struck through. Verified 2026-10-19.
Price receipt
We read Inception's own pricing page on and found Mercury 2.5 listed with a price on the same row — that read is where the number above comes from. We keep the page text we read; its content hash is 121a84c65f.
Overview
Inception's second-generation diffusion large language model (dLLM), succeeding Mercury 2. Rather than decoding left to right, Mercury 2.5 produces and refines many tokens in parallel by iterative denoising, and adds explicit reasoning-effort control on top of the tool calling and structured outputs Mercury 2 already had. 260K context, 65,536 max output. List price $0.20 / $0.75 per 1M tokens.
Capabilities
struck through = not supportedBenchmark performance
accuracy % · higher is better- AA Intelligence Index: 12.3 (Artificial Analysis composite across reasoning, knowledge and coding evals)
- AA-Omniscience Index: -39.5 (−100–100)
- GDPval-AA v2: 473.9 ELO (Real-world work tasks, human baseline = 1000)
- Ranks #99 of 99 benchmarked models by average score
- Ranks #163 of 194 comparably-measured models by percentile score, across 4 independent measurements
- Ranks #57 of 194 comparably-tested models by normalized performance per dollar
- Strongest at Humanity's Last Exam — 11.8%, #73 of 80
Source: Artificial Analysis, Artificial Analysis (text-only, no tools; single 'Mercury 2.5' variant, no effort label) · updated · See full rankings →
Specifications
- Provider
- Inception
- Context window
- 260K tokens
- Modality
- text
- Parameters
- Proprietary
- Open source
- No — proprietary
- Released
- Status
- Current
- Last updated
- Tags
Availability verified: — listed on Inception's own page