ZMIME
Comparison · 3 models · Updated Oct 4, 2026

Seed 2.0 Code vs Kimi K2 Thinking vs MiniMax-M2.5-highspeed

Seed 2.0 Code comes out ahead, 57 to 42 and 41 on our weighted score, and it is the cheaper option too.

  1. Our pick

    ByteDance Seed

    Seed 2.0 Code

    Released Feb 14, 2026

    57/100
    • ECI—
    • Price$0.475 / $2.37
    • Context262K
  2. Moonshot AI

    Kimi K2 Thinking

    Released Nov 6, 2025

    42/100
    • ECI146.0
    • Price$0.60 / $2.50
    • Context262K
  3. MiniMax

    MiniMax-M2.5-highspeed

    Released Feb 13, 2026

    41/100
    • ECI—
    • Price$0.60 / $2.40
    • Context205K
01 — Verdict

Seed 2.0 Code is our pick

Seed 2.0 Code is the better all-round choice, scoring 57/100 against Kimi K2 Thinking (42) and MiniMax-M2.5-highspeed (41). It leads on price and inputs & features. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest priceSeed 2.0 CodeSeed 2.0 Code $0.95 · MiniMax-M2.5-highspeed $1.05 · Kimi K2 Thinking $1.07 per 1M tokens (3:1 blend)
  • Longest contextSeed 2.0 Code and Kimi K2 ThinkingSeed 2.0 Code 262,144 · Kimi K2 Thinking 262,144 · MiniMax-M2.5-highspeed 204,800 tokens
  • Widest inputsSeed 2.0 CodeSeed 2.0 Code: Text, Images, Video · Kimi K2 Thinking: Text · MiniMax-M2.5-highspeed: Text
  • Self-hostingKimi K2 Thinking and MiniMax-M2.5-highspeedPublishes downloadable weights
How the score is built
MeasureWeightSeed 2.0 CodeKimi K2 ThinkingMiniMax-M2.5-highspeed
Price50%514849
Inputs & features30%803535
Context window20%373732
Overall100%57/10042/10041/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

Seed 2.0 Code vs Kimi K2 Thinking vs MiniMax-M2.5-highspeed specifications side by side
SpecificationSeed 2.0 CodeByteDance SeedKimi K2 ThinkingMoonshot AIMiniMax-M2.5-highspeedMiniMax
Capability
Capabilities Index (ECI)—146.0—
ECI rank—#72 of 148—
GPQA DiamondGraduate-level science questions—84.2%—
OTIS Mock AIME 2024–2025Competition mathematics—83.1%—
Price per million tokens
Input$0.475 (best)$0.60$0.60
Output$2.37 (best)$2.50$2.40
Cached input$0.095—$0.06 (best)
Blended (3:1)$0.95 (best)$1.07$1.05
Long-context rateOver 32K: $0.712 / $3.56Same rateSame rate
Price sourceOfficial Volcengine Ark APIMedian of 10 providersOfficial MiniMax (minimax.io) API
Limits
Context window262,144 tokens (best)262,144 tokens (best)204,800 tokens
Max output131,072 tokens262,144 tokens (best)131,072 tokens
Inputs and features
TextYesYesYes
ImagesYesNoNo
PDFsNoNoNo
AudioNoNoNo
VideoYesNoNo
ReasoningYesminimal · low · medium · high · xhigh · maxYesYes
Tool callingYesYesYes
Structured outputYesNoNo
Availability
WeightsProprietaryOpenOpen
API model IDdoubao-seed-2-0-code-preview-260215—MiniMax-M2.5-highspeed
API providers10 (best)10 (best)7
ReleasedFeb 14, 2026Nov 6, 2025Feb 13, 2026
Knowledge cutoff—Aug 2024—
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • Seed 2.0 Code$9.50
  • Kimi K2 Thinking$11.00
  • MiniMax-M2.5-highspeed$10.80
04 — Questions

Which should you choose?

Which is better: Seed 2.0 Code, Kimi K2 Thinking or MiniMax-M2.5-highspeed?

Seed 2.0 Code is the better all-round choice, scoring 57/100 against Kimi K2 Thinking (42) and MiniMax-M2.5-highspeed (41). It leads on price and inputs & features. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, Seed 2.0 Code, Kimi K2 Thinking or MiniMax-M2.5-highspeed?

Seed 2.0 Code is cheaper at $0.475 input / $2.37 output per million tokens (official Volcengine Ark API price). MiniMax-M2.5-highspeed costs $0.60 input / $2.40 output per million tokens (official MiniMax (minimax.io) API price); Kimi K2 Thinking costs $0.60 input / $2.50 output per million tokens (median across 10 API providers). At a typical mix of three input tokens to one output token, that is $0.95 per million tokens for Seed 2.0 Code versus $1.05 for MiniMax-M2.5-highspeed (1.1× as much) and $1.07 for Kimi K2 Thinking (1.1× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. Seed 2.0 Code has not been scored yet, Kimi K2 Thinking has an ECI of 146.0 and MiniMax-M2.5-highspeed has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Seed 2.0 Code, Kimi K2 Thinking and MiniMax-M2.5-highspeed yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. All three support tool calling for agent workflows.

Which has the bigger context window?

Seed 2.0 Code and Kimi K2 Thinking have the largest context windows (262,144 and 262,144 tokens), against 204,800 for MiniMax-M2.5-highspeed. Maximum output per response: Seed 2.0 Code up to 131,072, Kimi K2 Thinking up to 262,144, MiniMax-M2.5-highspeed up to 131,072 tokens.

Which can read images, PDFs, audio or video?

Seed 2.0 Code accepts text, images and video; Kimi K2 Thinking accepts text; MiniMax-M2.5-highspeed accepts text. Seed 2.0 Code handles the widest range of inputs.

Are any of these open source?

Kimi K2 Thinking and MiniMax-M2.5-highspeed publishes its weights and can be self-hosted; Seed 2.0 Code is proprietary.

Which is newer?

Seed 2.0 Code is the newest, released Feb 14, 2026. MiniMax-M2.5-highspeed came out Feb 13, 2026; Kimi K2 Thinking came out Nov 6, 2025. Knowledge cutoff: Kimi K2 Thinking Aug 2024.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Oct 4, 2026.