Fugu Ultra vs Mercury 2.5 compared — price per token, context window, multimodality, openness and which to choose. Full 2026 breakdown.
Fugu Ultra — full profile › · Mercury 2.5 — full profile ›
Prices & specs refreshed from live data · olud.ai
Open-model prices = cheapest provider via OpenRouter; official maker rates may be higher.
| Spec | Fugu Ultra | Mercury 2.5 | Winner |
|---|---|---|---|
| Maker | Sakana AI | Inception | – |
| Type | Proprietary | Proprietary | – |
| Context window | 1M tokens | 260K tokens | SAFugu Ultra |
| Input price | $5/M | $0.04/M | INMercury 2.5 |
| Output price | $30/M | $0.15/M | INMercury 2.5 |
| Vision / multimodal | Yes | No | SAFugu Ultra |
| Tool / function calling | Yes | Yes | = Tie |
| Self-hostable | No (API only) | No (API only) | – |
| License | Proprietary | Proprietary | – |
Mercury 2.5 is ~200× cheaper than Fugu Ultra on output tokens ($0.15 vs $30 per M tokens).
| Capability | Fugu Ultra | Mercury 2.5 |
|---|---|---|
| Open weights (downloadable) | ✗ | ✗ |
| Self-hostable | ✗ | ✗ |
| Runs fully offline | ✗ | ✗ |
| Vision / multimodal | ✓ | ✗ |
| Tool / function calling | ✓ | ✓ |
| 1M+ context window | ✓ | ✗ |
| Criterion | Fugu Ultra | Mercury 2.5 |
|---|---|---|
| Cost-efficiency | 3.0 | 5.0 |
| Context window | 5.0 | 4.0 |
| Openness | 1.5 | 1.5 |
| Self-hosting | 1.0 | 1.0 |
| Multimodality | 5.0 | 3.5 |
Scores come from live data — output price (cost), context length, open vs closed weights (openness & self-hosting) and vision/tool support (multimodality). Raw task quality isn't scored here; it depends on your benchmark — see the verdict.
Fugu Ultra is the higher-performance model in Sakana AI's Fugu family. Rather than a single monolithic model, Fugu is a learned multi-agent orchestration system: a language model trained to route...
Mercury 2.5 is the fastest reasoning LLM, and the latest diffusion LLM (dLLM) from Inception. Instead of generating tokens sequentially, Mercury 2.5 produces and refines multiple tokens in parallel, achieving...
Mercury 2.5 is cheaper on output ($0.15/M vs $30/M).
Fugu Ultra offers the larger context window (1M tokens).
Choose Mercury 2.5 for the lower output price ($0.15/M vs $30/M). Choose Fugu Ultra if you need the larger 1M context window.
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