DeepSeek-V3.2 (Thinking): Benchmarks, Pricing & Context Window
DeepSeek-V3.2 (Thinking) is a language model from DeepSeek, released in December 2025.
DeepSeek-V3.2 in thinking mode. A powerful reasoning model with 685B parameters using DeepSeek Sparse Attention (DSA). This mode enables extended chain-of-thought reasoning for complex problem-solving tasks. Supports JSON output and tool
DeepSeek-V3.2 (Thinking) pricing
Providers
DeepSeek-V3.2 (Thinking) starts at $0.280 per million input tokens and $0.420 per million output tokens via DeepSeek.
| Provider | Input $/M | Output $/M | Max Input | Max Output | Latency s | Throughput | Quant | Input | Output |
|---|---|---|---|---|---|---|---|---|---|
 DeepSeek | $0.280 | $0.420 | 131.1K | 65.5K | 0.50 | 50 c/s | — |
DeepSeek-V3.2 (Thinking) API
API access coming soon
DeepSeek-V3.2 (Thinking) will be available through our gateway shortly.
DeepSeek-V3.2 (Thinking) examples
Recent arena outputs from DeepSeek-V3.2 (Thinking), picked from the highest-ranked matchups.
DeepSeek-V3.2 (Thinking) license
DeepSeek-V3.2 (Thinking) is released under the MIT license, which permits commercial use, has 685.0B parameters.
- License
- MIT
- Commercial use allowed
- Parameters
- 685.0B
MIT License - allows commercial use
FAQ
Common questions about DeepSeek-V3.2 (Thinking).