Model Comparison
DeepSeek-V3.2 (Thinking) vs DeepSeek-V3 0324
DeepSeek-V3.2 (Thinking) significantly outperforms across most benchmarks. DeepSeek-V3.2 (Thinking) is 1.6x cheaper per token.
Performance Benchmarks
Comparative analysis across standard metrics
DeepSeek-V3.2 (Thinking) outperforms in 3 benchmarks (GPQA, LiveCodeBench, MMLU-Pro), while DeepSeek-V3 0324 is better at 0 benchmarks.
DeepSeek-V3.2 (Thinking) significantly outperforms across most benchmarks.
Arena Performance
Human preference votes
Pricing Analysis
Price comparison per million tokens
For input processing, DeepSeek-V3.2 (Thinking) ($0.28/1M tokens) costs the same as DeepSeek-V3 0324 ($0.28/1M tokens).
For output processing, DeepSeek-V3.2 (Thinking) ($0.42/1M tokens) is 2.7x cheaper than DeepSeek-V3 0324 ($1.14/1M tokens).
In conclusion, DeepSeek-V3 0324 is more expensive than DeepSeek-V3.2 (Thinking).*
* Using a 3:1 ratio of input to output tokens
Model Size
Parameter count comparison
DeepSeek-V3.2 (Thinking) has 14.0B more parameters than DeepSeek-V3 0324, making it 2.1% larger.
Context Window
Maximum input and output token capacity
DeepSeek-V3 0324 accepts 163,840 input tokens compared to DeepSeek-V3.2 (Thinking)'s 131,072 tokens. DeepSeek-V3 0324 can generate longer responses up to 163,840 tokens, while DeepSeek-V3.2 (Thinking) is limited to 65,536 tokens.
License
Usage and distribution terms
DeepSeek-V3.2 (Thinking) is licensed under MIT, while DeepSeek-V3 0324 uses MIT + Model License (Commercial use allowed).
License differences may affect how you can use these models in commercial or open-source projects.
MIT
Open weights
MIT + Model License (Commercial use allowed)
Open weights
Release Timeline
When each model was launched
DeepSeek-V3.2 (Thinking) was released on 2025-12-01, while DeepSeek-V3 0324 was released on 2025-03-25.
DeepSeek-V3.2 (Thinking) is 8 months newer than DeepSeek-V3 0324.
Dec 1, 2025
5 months ago
8mo newerMar 25, 2025
1.2 years ago
Knowledge Cutoff
When training data ends
Neither model specifies a knowledge cutoff date.
Unable to compare the recency of their training data.
Provider Availability
DeepSeek-V3.2 (Thinking) is available from DeepSeek. DeepSeek-V3 0324 is available from Novita.
DeepSeek-V3.2 (Thinking)
DeepSeek-V3 0324
Outputs Comparison
Key Takeaways
DeepSeek-V3 0324
View detailsDeepSeek
Detailed Comparison
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FAQ
Common questions about DeepSeek-V3.2 (Thinking) vs DeepSeek-V3 0324.