LongCat 2.0 vs Mercury 2.5 compared — price per token, context window, multimodality, openness and which to choose. Can the open-source model replace the paid one? Full 2026 breakdown.
Prices & specs refreshed from live data · olud.ai
Open-model prices = cheapest provider via OpenRouter; official maker rates may be higher.
| Spec | LongCat 2.0 | Mercury 2.5 | Winner |
|---|---|---|---|
| Maker | Meituan | Inception | – |
| Type | Open-weight | Proprietary | MELongCat 2.0 |
| Context window | 1M tokens | 260K tokens | MELongCat 2.0 |
| Input price | $0.3/M · free self-host | $0.04/M | INMercury 2.5 |
| Output price | $1.2/M · free self-host | $0.15/M | INMercury 2.5 |
| Vision / multimodal | No | No | – |
| Tool / function calling | Yes | Yes | = Tie |
| Self-hostable | Yes | No (API only) | MELongCat 2.0 |
| License | Open weights | Proprietary | MELongCat 2.0 |
Mercury 2.5 is ~8.0× cheaper than LongCat 2.0 on output tokens ($0.15 vs $1.2 per M tokens).
| Capability | LongCat 2.0 | Mercury 2.5 |
|---|---|---|
| Open weights (downloadable) | ✓ | ✗ |
| Self-hostable | ✓ | ✗ |
| Runs fully offline | ✓ | ✗ |
| Vision / multimodal | ✗ | ✗ |
| Tool / function calling | ✓ | ✓ |
| 1M+ context window | ✓ | ✗ |
Independent benchmark scores measured by Artificial Analysis. Higher is better (except latency).
Benchmark data by Artificial Analysis.
| Criterion | LongCat 2.0 | Mercury 2.5 |
|---|---|---|
| Cost-efficiency | 4.5 | 5.0 |
| Context window | 5.0 | 4.0 |
| Openness | 5.0 | 1.5 |
| Self-hosting | 5.0 | 1.0 |
| Multimodality | 3.5 | 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.
LongCat 2.0 is a sparse mixture-of-experts language model from Meituan, with 48B active parameters out of 1.6T total. It is suited for coding, repository-level changes, long-horizon problem solving, and agentic...
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...
LongCat 2.0 is open-weight and competitive on many tasks, but Mercury 2.5 may still lead on the hardest reasoning and agentic work. The gap keeps narrowing — benchmark both on your actual use case before deciding.
Yes. LongCat 2.0 has open weights, so you can self-host it on your own GPUs or run it via a low-cost API. Mercury 2.5 is API-only and cannot be self-hosted.
Choose LongCat 2.0 if you want to self-host, keep your data private and skip per-token fees — it's open-weight and runs on your own hardware. Choose Mercury 2.5 if you want frontier capability through a managed API with zero infrastructure to run.
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