Choose DeepSeek: DeepSeek V3.1 Terminus if…
- you generate long outputs in one go — up to 147K tokens (about 110,600 words) per response
Neither wins outright: DeepSeek: DeepSeek V3.1 Terminus is the pick when you generate long outputs in one go, LiquidAI: LFM2.5-24B-A2B when cost matters at scale.
| Spec | DeepSeek: DeepSeek V3.1 Terminus | LiquidAI: LFM2.5-24B-A2B |
|---|---|---|
| Provider | DeepSeek | Liquid |
| Input price (per 1M tokens) | $0.27 | $0.05 |
| Output price (per 1M tokens) | $1.00 | $0.70 |
| Blended price (3:1 input/output) | $0.45 | $0.21 |
| Cheaper than … of all models we track | 55% | 68% |
| Context window | 164K tokens (~246 pages) | 128K tokens (~192 pages) |
| Larger context than … of all models | 36% | 14% |
| Max output per response | 147K tokens (~110,600 words) | 8K tokens (~6,100 words) |
| Input types | text | text |
| Output types | text | text |
| Free variant | No | No |
| Listed since | 2025-09-22 | 2026-10-13 |
Monthly cost at list price for five common workloads. Token counts per unit are stated so you can scale them to your own traffic. A workload that does not fit a model's context window is marked rather than priced.
| Workload (per month) | DeepSeek: DeepSeek V3.1 Terminus | LiquidAI: LFM2.5-24B-A2B | Difference |
|---|---|---|---|
| Customer-support chatbot 50,000 conversations — each a 6-turn conversation (1,500 in / 400 out tokens) | $40.25 | $17.75 | LiquidAI: LFM2.5-24B-A2B saves $22.50 |
| RAG search over documents 20,000 questions — each a question answered from ~8 retrieved passages (6,000 in / 500 out tokens) | $42.40 | $13.00 | LiquidAI: LFM2.5-24B-A2B saves $29.40 |
| Coding / tool-using agent 2,000 tasks — each a multi-step task with tool calls and file context (60,000 in / 6,000 out tokens) | $44.40 | $14.40 | LiquidAI: LFM2.5-24B-A2B saves $30.00 |
| Batch summarisation 10,000 documents — each a 6,000-word report summarised to a page (8,000 in / 600 out tokens) | $27.60 | $8.20 | LiquidAI: LFM2.5-24B-A2B saves $19.40 |
| Long-document analysis 500 documents — each a 150-page contract or codebase read in one pass (100,000 in / 2,000 out tokens) | $14.50 | $3.20 | LiquidAI: LFM2.5-24B-A2B saves $11.30 |
| Capability | DeepSeek: DeepSeek V3.1 Terminus | LiquidAI: LFM2.5-24B-A2B | What it lets you do |
|---|---|---|---|
| Tool / function calling | ✓ Yes | ✓ Yes | call your APIs and run agent loops |
| Structured output (JSON schema) | ✓ Yes | ✓ Yes | return JSON that validates against your schema |
| Reasoning / thinking mode | ✓ Yes | ✓ Yes | spend extra tokens thinking before answering hard problems |
| Image input | — | — | read screenshots, charts and scanned pages |
| Audio input | — | — | take speech or audio directly |
| File / PDF input | — | — | accept documents without your own parsing step |
| Image output | — | — | generate images, not just text |
| Built-in web search | — | — | answer from live web results |
| Seed (reproducible sampling) | — | ✓ Yes | repeat a generation for tests and evals |
| Log-probabilities | — | ✓ Yes | read token confidence for classification and scoring |
From each model's published parameters and input/output types. “—” means not advertised, not proven absent.
| Date | Model | Input / 1M | Output / 1M |
|---|---|---|---|
| 2026-10-03 | DeepSeek: DeepSeek V3.1 Terminus | $0.27 | $1.00 |
| 2026-09-29 | DeepSeek: DeepSeek V3.1 Terminus | $0.30 | $1.00 |
| 2026-08-18 | DeepSeek: DeepSeek V3.1 Terminus | $0.27 | $1.00 |
| 2026-08-12 | DeepSeek: DeepSeek V3.1 Terminus | $0.27 | $0.95 |
| 2026-08-06 | DeepSeek: DeepSeek V3.1 Terminus | $0.27 | $1.00 |
Neither wins outright: DeepSeek: DeepSeek V3.1 Terminus is the pick when you generate long outputs in one go, LiquidAI: LFM2.5-24B-A2B when cost matters at scale. In short: DeepSeek: DeepSeek V3.1 Terminus when you generate long outputs in one go; LiquidAI: LFM2.5-24B-A2B when cost matters at scale, you need seed (reproducible sampling), you need log-probabilities, you want the newer model.
LiquidAI: LFM2.5-24B-A2B is cheaper: $0.21 vs $0.45 per 1M tokens at a typical 3:1 input/output mix, 53% less. For 50,000 support conversations a month that is $17.75 against $40.25.
DeepSeek: DeepSeek V3.1 Terminus costs $0.27 per 1M input tokens and $1.00 per 1M output tokens; LiquidAI: LFM2.5-24B-A2B costs $0.05 input and $0.70 output. Output tokens are billed separately, so long answers shift the gap.
DeepSeek: DeepSeek V3.1 Terminus: 164K tokens, about 246 pages, against 128K (about 192 pages) for LiquidAI: LFM2.5-24B-A2B.
Tool calling — DeepSeek: DeepSeek V3.1 Terminus: yes, LiquidAI: LFM2.5-24B-A2B: yes. JSON-schema structured output — DeepSeek: DeepSeek V3.1 Terminus: yes, LiquidAI: LFM2.5-24B-A2B: yes.
Neither accepts image input — both are text-in models.
No free variant is listed for either; both are pay-per-token.
DeepSeek: DeepSeek V3.1 Terminus can write up to 147K tokens (about 110,600 words) per response; LiquidAI: LFM2.5-24B-A2B up to 8K (about 6,100 words).
DeepSeek: DeepSeek V3.1 Terminus was listed on 2025-09-22; LiquidAI: LFM2.5-24B-A2B on 2026-10-13.
DeepSeek: DeepSeek V3.1 Terminus: input price cut 10% ($0.30 → $0.27/1M) on 2026-10-03 (5 price changes since 2026-03-10). LiquidAI: LFM2.5-24B-A2B: price unchanged since we started tracking it on 2026-10-14.
DeepSeek-V3.1 Terminus is an update to [DeepSeek V3.1](/deepseek/deepseek-chat-v3.1) that maintains the model's original capabilities while addressing issues reported by users, including language consistency and agent capabilities, further optimizing the model's...
Full DeepSeek: DeepSeek V3.1 Terminus specs →LFM2.5-24B-A2B is a mixture-of-experts reasoning model from Liquid AI with 24B total and 2.45B active parameters. It always reasons before answering and is built for agents that call tools. Liquid...
Full LiquidAI: LFM2.5-24B-A2B specs →