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Last scan 2026-10-25 Models tracked 301 Providers 40 Cheapest paid pplx-decider-flash-v1.2 $0.010/Mtok in Every price links to its source

Mercury 2.5

by Inception

Current budget cheap tier

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.

Source: official Inception pricing · read MODELPRICEWATCH.COM · 2026-10-25

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 supported
Input 1/4
Text ✓ Image Audio Video
Output
Text ✓
Features 4/9
Prompt caching ✓ Reasoning ✓ Coding Fast inference ✓ Long context ✓ Open weights Multimodal Web search Realtime

Benchmark performance

accuracy % · higher is better
Avg benchmark score11.8%
Perf per $/Mtok35
Humanity's Last Exam
11.8%
Independent composite scores
  • 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)
How it stacks up
  • 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
budgetfastreasoning

Availability verified: — listed on Inception's own page