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Model registry / Inception / Mercury / Mercury 2.5

Mercury 2.5

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

Line

Mercury

Weights

API only

Released

2026-09-08

Context

260K

Input

$0.04 / 1M

Output

$0.15 / 1M

Max output

66K

Coverage

not covered yet

Overview

Mercury 2.5 is a reasoning LLM and diffusion LLM (dLLM) from Inception. It is the latest model in the mercury line and is marketed as the fastest reasoning LLM. It has a context window of 260,000 tokens and a maximum output of 65,536 tokens. Pricing starts at $0.04 per million input tokens and $0.15 per million output tokens, with cached input at $0.004 per million. The weights are not open. It supports reasoning mode and tool calling, and accepts and returns text.

Specs

Released2026-09-08
LineInception · Mercury
WeightsAPI only
Context260K tokens
Max output66K tokens
Inputtext
Outputtext
ReasoningYes
Tool callingYes
Knowledge cutoff2025-11-01
API idmercury-2.5

Pricing

Input$0.04 / 1M tokens
Cached input$0.004 / 1M tokens
Output$0.15 / 1M tokens

Against Mercury Edit 2: window 32K to 260K, input $0.25 to $0.04, output $0.75 to $0.15, cached input $0.025 to $0.004.

Range across the hosts that serve it: up to $0.20 per 1M input tokens.

Strengths

  • 260k token context window
  • 65k token max output
  • Reasoning mode and tool calling
  • Input from $0.04 per million tokens
  • Cached input at $0.004 per million

Best for

  • Reach for it for long-context reasoning tasks
  • Reach for it for tool-calling workflows
  • Reach for it for cost-efficient text generation
  • Reach for it for large output generation

How to access

ProviderModel id
Inceptionmercury-2.5
Kilo Gatewaymercury-2.5
NanoGPTmercury-2.5
OpenRoutermercury-2.5
Vercel AI Gatewaymercury-2.5

5 hosts serve this model at the price above · the maker's documentation

Mercury: every version

VersionReleasedContextInput
Mercury 2.5Current2026-09-08260K$0.04
Mercury Edit 22026-03-3032K$0.25
Mercury 22026-02-24128K$0.25

The registry keeps the six most recent versions of a line. Older ones stay in the file and can be surfaced without a rebuild.

FAQ

What is the context window of Mercury 2.5?
260,000 tokens.
Does Mercury 2.5 support tool calling?
Yes, it supports tool calling and reasoning mode.
What is the pricing for Mercury 2.5?
Input from $0.04 per million tokens, output from $0.15 per million, cached input at $0.004 per million.
ProprietaryReasoning260K context