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Mercury 2.5 inception

Closed weights API only frontier listed on OpenRouter 2026-09-08 (47d ago) · source Last verified 2026-10-25 06:51 UTC Docs ↗ OpenRouter ↗

Release timeline

Stages observed by the nightly radar: announced → API only → weights public → served by third parties. Each entry carries the source it was seen at.

  1. 2026-09-08 · API only source
    seeded from the earliest dated observation when first seen · observed 2026-10-07 20:20 UTC

Description

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...

via OpenRouter listing · observed 2026-10-24 21:26 UTC. The listing text is the provider's own description, not an assessment.

Where to run 1 providers · 1 endpoints

Hosted endpoints observed for Mercury 2.5, sorted by input price (USD per million tokens). Each row names its observer and date; prices change daily, so check the source before quoting. Cheapest observed input price: $0.04/M.

ProviderModel refContextQuant$/M in$/M outtok/sTTFTToolsStatusObserved
Inception
openrouter
inception/mercury-2.5 254K unknown $0.04 $0.15 — — yes live 2026-10-24

No third-party providers observed beyond the lab's own endpoints. Cache-read price $0.0040/M (source, observed 2026-10-24).

Facts

Context length260,000 tokens (254K) · OpenRouter listing
Modalitiestext → text
Max completion tokens65,536
Supported parametersinclude_reasoning, max_tokens, reasoning, reasoning_effort, response_format, stop, structured_outputs, temperature, tool_choice, tools
OpennessClosed weights · closed lab
StageAPI only
Confidencemedium
Pricing (USD per M tokens) in $0.04 · out $0.15 · cache read $0.0040
OpenRouter list price (cheapest live endpoint) · source · observed 2026-10-24 21:26 UTC

Open alternatives 5

Nearest open-weights models by modality, context and price on this watch list. Not a quality ranking.

ModelOrgParamsContext$/M inLicenseWhy it is here
Meta-Llama-3-8B-Instruct meta-llama 8.03B — — llama3 closest by rank, context and price
gpt-oss-120b openai 117B 128K $0.03 apache-2.0 cheaper input price ($0.0296/M vs $0.04/M)
GLM-4.7-Flash zai-org 31.2B 198K $0.06 mit similar context (203K)
Llama-3.2-3B-Instruct meta-llama 3.21B 128K $0.05 llama3.2 closest by rank, context and price
gpt-oss-20b openai 20.9B 128K $0.02 apache-2.0 cheaper input price ($0.018/M vs $0.04/M)

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Sources

Radar run: 2026-10-25 06:51 UTC · Last verified 2026-10-25 06:51 UTC