MiniMax

MiniMax-M3

MiniMax-M3 is an open-weight model from MiniMax, released May 31, 2026. It ranks #93 of 351 on the LMArena text leaderboard with a rating of 1432. It costs $0.30 per million input tokens and $1.20 per million output tokens, with a 1M-token context window.

LMArena text1432−2 in 30 days
Rank#93/351
95% interval1428–1436
Votes67K
Developer
MiniMax
Released
May 31, 2026
Context window
1M
Price in / out, per 1M tokens
$0.30 / $1.20
Weights
Open · MiniMax Community License
Inputs
Text, Images, Video
Reasoning
Yes
Tool use
Yes
Hugging Face downloads, 30 days
203.5K
Hugging Face likes
1.6K
MiniMax-M3, LMArena text rating over time
14201430144014501460Jun 26Jul 26Aug 26Sep 26Oct 26
LatestMiniMax-M3 1432

The rating LMArena published at each update since Jun 3, 2026. Ratings move as votes come in and new models join.

Benchmarks

BenchmarkScore barAccuracyRankCost / test
Terminal-Bench 4.0Coding1.01%51 / 55$7.23
SWE-benchCoding75.00%43 / 85$0.42
Vibe Code BenchCoding47.57%64 / 115$6.45
Code MigrationCoding20.90%26 / 28$8.39
LiveCodeBenchCoding82.15%56 / 143$0.6 / $2.4
Finance AgentFinance54.34%28 / 31$0.30
Finance IndexFinance48.37%27 / 31$1.22
Tax Agent BenchFinance20.59%50 / 76$0.16
Legal Research BenchLaw29.81%52 / 85$0.34
MedCodeMedicine46.29%37 / 107$0.6 / $2.4
GPQA DiamondReasoning92.68%15 / 138$0.6 / $2.4
MMLU-ProReasoning84.22%66 / 138$0.6 / $2.4
MMMUReasoning81.16%41 / 93$0.6 / $2.4

Vals AI, as of Oct 24, 2026.

LMArena, by category

LeaderboardRatingRankVotes
TextLMArena143293 / 35167K
CodingLMArena147069 / 34619K
MathLMArena1429106 / 3393.4K
Creative writingLMArena140394 / 34912.4K
Instruction followingLMArena143271 / 35123.3K
Hard promptsLMArena144782 / 35144.3K
Multi-turnLMArena144383 / 34911.6K
Long queriesLMArena144571 / 33030.2K
ExpertLMArena146172 / 3057.3K
Legal and governmentIndustries1436100 / 3255.4K
Medicine and healthcareIndustries143999 / 3254.5K
Business and financeIndustries143470 / 34412.9K
ChineseLanguages146595 / 3284.3K
SpanishLanguages143298 / 2492.1K
GermanLanguages143084 / 2611.1K
FrenchLanguages1443101 / 2522.5K
JapaneseLanguages1379100 / 2361K
WebDevLMArena148267 / 12420.3K
VisionLMArena125162 / 14619.8K

LMArena, CC BY 4.0, as of Oct 22, 2026. Where a model is rated at several effort levels, its best is shown.

Compare MiniMax-M3

MiniMax

Builds long-context text, voice and video models, with open-weight releases. Founded 2021, based in Shanghai. minimax.io

Questions

Who makes MiniMax-M3?

MiniMax-M3 is made by MiniMax, founded 2021 and based in Shanghai.

How much does MiniMax-M3 cost?

$0.30 per million input tokens and $1.20 per million output tokens, at its provider’s list price.

What is MiniMax-M3’s context window?

1M tokens (1,048,576).

How does MiniMax-M3 rank?

#93 of 351 on LMArena’s text leaderboard, rated 1432 (95% interval 1428–1436) from 67,030 votes, as of Oct 22, 2026.

Is MiniMax-M3 open source?

MiniMax-M3 has open weights under the MiniMax Community License license, downloadable from Hugging Face (MiniMaxAI/Minimax-M3).

Sources

Every number on this page comes from these sources; models without a published number show none. Download the data. Cite as “Nexus Explorer, nexus.inc/models”.