Modeldex
Inception

Mercury 2.5

CTX260K
Reasoning · Tools
TextInput$0.04/M
TextOutput$0.15/M

Mercury 2.5 is the fastest reasoning LLM, and the latest diffusion LLM (dLLM) from Inception

PaidProprietary999/1040
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InceptionTextCommon

Mercury 2.5

Mercury 2.5 is the fastest reasoning LLM, and the latest diffusion LLM (dLLM) from Inception

mercury-2.5
Type
Text
Quality
Not rated yet
Context window
260,000 tokens
Max output
65,536 tokens
Input price
$0.04 / 1M tokens
Output price
$0.15 / 1M tokens
Cache read
$0.004 / 1M tokens
Cache write
—
Released
Sep 8, 2026
Knowledge cutoff
Nov 2025
Takes in
Text
Puts out
Text
Reasoning
Yes
Tool calling
Yes
Structured output
Yes
File attachments
No
Access
Paid
License
Proprietary
Rarity
Common
Set number
999/1040

Weights aren’t public. Use is governed by Inception’s terms. Specs from models.dev, last changed Oct 18, 2026. Official source: docs.inceptionlabs.ai.

How good is it?

Public leaderboard scores for Mercury 2.5, refreshed daily from Epoch AI and LMArena.

No public leaderboard lists Mercury 2.5 yet. Epoch AI and LMArena cover most chat, image, and video models from the big labs; embeddings, speech, and small open models mostly go unrated.

Where to run it

6 providers sell Mercury 2.5 through an API. Prices are per million tokens, cheapest first.

API providers

ProviderInputOutputContext
InceptionOfficialCheapest paidmercury-2.5$0.04$0.15260K
OpenRouterinception/mercury-2.5$0.04$0.15260K
Vercel AI Gatewayinception/mercury-2.5$0.04$0.15260K
Kilo Gatewayinception/mercury-2.5$0.20$0.75260K
Venice AImercury-2-5$0.25$0.94260K
AI/ML APIinception/mercury-2.5$0.28$1.03260K

From models.dev and Hugging Face, checked daily. Resellers’ listings can lag behind their price pages, so confirm with the provider before you commit.

Face off

Current text models from other labs at a similar output price.

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