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Mercury 2

Rank #178 inception

inception/mercury-2-20260304

Usage data date 2026-07-26 · updated daily

Usage and specs

Daily rank#178
Daily tokens3.7B
Daily requests910.3K
Daily change −54.9%
Context window128K
Released

What is Mercury 2

Mercury 2 is an extremely fast reasoning LLM, and the first reasoning diffusion LLM (dLLM). Instead of generating tokens sequentially, Mercury 2 produces and refines multiple tokens in parallel, achieving >1,000 tokens/sec on standard GPUs. Mercury 2 is 5x+ faster than leading speed-optimized LLMs like Claude 4.5 Haiku and GPT 5 Mini, at a fraction of the cost. Mercury 2 supports tunable reasoning levels, 128K context, native tool use, and schema-aligned JSON output. Built for coding workflows where latency compounds, real-time voice/search, and agent loops. OpenAI API compatible. Read more in the [blog post](https://www.inceptionlabs.ai/blog/introducing-mercury-2).

Mercury 2 capabilities

Input: Text   Output: Text

Reasoning output Reasoning Reasoning effort JSON output Structured outputs Tool choice Tool use

Mercury 2 API pricing

Input · per 1M tokens$0.25
Output · per 1M tokens$0.75

List prices in USD; see each provider’s site for current terms.