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Hy3 vs MiniMax M3

Hy3 and MiniMax M3 are closely matched at 42.9 and 41.2 on the LLM Stats Score. Hy3 is 1.9x cheaper per token.

Tencent · MiniMax · Updated for 2026

Which is better?

Hy3 and MiniMax M3 are closely matched on the overall LLM Stats Score at 42.9 and 41.2.

The models split the 10 individual benchmarks reported for both models evenly.

On price, Hy3 is roughly 1.9x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

MiniMax M3 also accepts a larger context window (524,288 input tokens), making it the stronger choice for long documents and large codebases.

Based on current LLM Stats indexes, shared benchmarks, pricing, and model metadata for 2026.

Choose Hy3

  • cost matters — it's about 1.9x cheaper per token
  • you want the most recent training data — it shipped Jul 2026

Choose MiniMax M3

  • you process long inputs — it offers a 524,288 token context window

At a glance

The differences that matter most.

Core performance indexes
42.9
#49
41.2
#58
42.9
#47
41.2
#52
32.8
#40
31.6
#46
26.8
#49
25.9
#53
Cost, coverage & limits
Benchmark wins
5 of 10
5 of 10
Input price
$0.14 / M
$0.28 / M
Output price
$0.58 / M
$1.10 / M
Context window
262,144
524,288

Capability indexes

Additional strengths measured across groups of related public benchmarks

3 shared
Index
Hy3
MiniMax M3
36.4#40
25.4#112
19.1#62
19.2#61
25.5#12
21.7#21
Conservative TrueSkill rating · higher is betterHow scores work

Individual benchmarks

31 reported for Hy3 · 35 for MiniMax M3

10 shared

Hy3 outperforms in 5 benchmarks (BrowseComp, CL-bench, MCP Atlas, NL2Repo, Terminal-Bench 2.1), while MiniMax M3 is better at 5 benchmarks (APEX-Agents, Claw-Eval, SWE-Bench Pro, SWE-Bench Verified, USAMO 2026).

Both models are evenly matched across the benchmarks.

Tue Sep 22 2026 • llm-stats.com

Human preference

Blind head-to-head votes and playground preference scores

Pricing Analysis

Price comparison per million tokens

Hy3 costs less

For input processing, Hy3 ($0.14/1M tokens) is 2.0x cheaper than MiniMax M3 ($0.28/1M tokens).

For output processing, Hy3 ($0.58/1M tokens) is 1.9x cheaper than MiniMax M3 ($1.10/1M tokens).

In conclusion, MiniMax M3 is more expensive than Hy3.*

* Using a 3:1 ratio of input to output tokens

Lowest available price from all providers
Tue Sep 22 2026 • llm-stats.com
Tencent
Hy3
Input tokens$0.14
Output tokens$0.58
Best providerDeepinfra
MiniMax
MiniMax M3
Input tokens$0.28
Output tokens$1.10
Best providerDeepinfra
Notice missing or incorrect data?Start an Issue

Model Size

Parameter count comparison

133.0B diff

MiniMax M3 has 133.0B more parameters than Hy3, making it 45.1% larger.

Tencent
Hy3
295.0Bparameters
MiniMax
MiniMax M3
428.0Bparameters
295.0B
Hy3
428.0B
MiniMax M3

Context Window

Maximum input and output token capacity

MiniMax M3 accepts 524,288 input tokens compared to Hy3's 262,144 tokens. MiniMax M3 can generate longer responses up to 524,288 tokens, while Hy3 is limited to 262,144 tokens.

Tencent
Hy3
Input262,144 tokens
Output262,144 tokens
MiniMax
MiniMax M3
Input524,288 tokens
Output524,288 tokens
Tue Sep 22 2026 • llm-stats.com

Input capabilities

Documented input modalities across available providers

MiniMax M3 supports multimodal inputs, whereas Hy3 does not.

MiniMax M3 can handle both text and other forms of data like images, making it suitable for multimodal applications.

Hy3

Text
Images
Audio
Video

MiniMax M3

Text
Images
Audio
Video

License

Usage and distribution terms

Hy3 is licensed under Apache 2.0, while MiniMax M3 uses MIT.

License differences may affect how you can use these models in commercial or open-source projects.

Hy3

Apache 2.0

Open weights

MiniMax M3

MIT

Open weights

Release Timeline

When each model was launched

Hy3 was released on 2026-07-06, while MiniMax M3 was released on 2026-06-01.

Hy3 is 1 month newer than MiniMax M3.

Hy3

Jul 6, 2026

2 months ago

1mo newer
MiniMax M3

Jun 1, 2026

3 months ago

Knowledge Cutoff

When training data ends

Neither model specifies a knowledge cutoff date.

Unable to compare the recency of their training data.

No cutoff dates available

Provider Availability

Hy3 is available from DeepInfra. MiniMax M3 is available from DeepInfra, Fireworks, MiniMax, Novita, Together.

Hy3

deepinfra logo
Deepinfra
Input Price:Input: $0.14/1MOutput Price:Output: $0.58/1M

MiniMax M3

deepinfra logo
Deepinfra
Input Price:Input: $0.28/1MOutput Price:Output: $1.10/1M
fireworks logo
Fireworks
Input Price:Input: $0.30/1MOutput Price:Output: $1.20/1M
minimax logo
MiniMax
Input Price:Input: $0.30/1MOutput Price:Output: $1.20/1M
novita logo
Novita
Input Price:Input: $0.30/1MOutput Price:Output: $1.20/1M
together logo
Together
Input Price:Input: $0.30/1MOutput Price:Output: $1.20/1M
* Prices shown are per million tokens

Outputs Comparison

Notice missing or incorrect data?Start an Issue discussion

Judge for yourself.

Run your own prompts against Hy3 and MiniMax M3 side-by-side, then vote on the output you prefer.

Hy3
✓ Preferred
MiniMax M3
Open in Playground

FAQ

Common questions about Hy3 vs MiniMax M3.

Which is better, Hy3 or MiniMax M3?

Hy3 and MiniMax M3 are closely matched on the LLM Stats Score at 42.9 and 41.2. Hy3 is made by Tencent and MiniMax M3 is made by MiniMax. The best choice depends on your use case — compare their capability indexes, individual benchmarks, pricing, and limits above.

How does Hy3 compare to MiniMax M3 in benchmarks?

Hy3 scores DeepSearchQA: 91.0%, GPQA: 90.4%, IMO-AnswerBench: 90.0%, BrowseComp: 84.2%, MCP Atlas: 79.1%. MiniMax M3 scores OmniDocBench 1.5: 91.6%, SpreadSheetBench-v1: 89.3%, USAMO 2026: 85.7%, Video-MME: 85.4%, VideoMMMU: 84.6%.

Is Hy3 cheaper than MiniMax M3?

Hy3 is 2.0x cheaper for input tokens. Hy3 costs $0.14/M input and $0.58/M output via deepinfra. MiniMax M3 costs $0.28/M input and $1.10/M output via deepinfra.

What are the context window sizes for Hy3 and MiniMax M3?

Hy3 supports 262K tokens and MiniMax M3 supports 524K tokens. A larger context window lets you process longer documents, conversations, or codebases in a single request.

What are the main differences between Hy3 and MiniMax M3?

Key differences include LLM Stats Score (42.9 vs 41.2), context window (262K vs 524K), input pricing ($0.14 vs $0.28/M), multimodal support (no vs yes), licensing (Apache 2.0 vs MIT). See the full comparison above for benchmark-by-benchmark results.

Who makes Hy3 and MiniMax M3?

Hy3 is developed by Tencent and MiniMax M3 is developed by MiniMax.