# LFM2.5-2.6B vs MiniMax-M2.5

> MiniMax-M2.5 scores 57.5 (C) to LFM2.5-2.6B's 51.5 (D) for open-weight models you run yourself. Prices, MCP, x402, uptime and agent notes side by side.

- Canonical: https://www.anchorterminal.com/compare/lfm2-5-2-6b-vs-minimax-m2-5
- Markdown: https://www.anchorterminal.com/compare/lfm2-5-2-6b-vs-minimax-m2-5.md (~6,050 tokens)
- Slim: https://www.anchorterminal.com/compare/lfm2-5-2-6b-vs-minimax-m2-5.min.md (~480 tokens, same facts, less prose, for token-sensitive contexts)
- JSON: https://www.anchorterminal.com/compare/lfm2-5-2-6b-vs-minimax-m2-5.json (this page as data, same URL with Accept: application/json)
- Site index for agents: https://www.anchorterminal.com/llms.txt (full text: https://www.anchorterminal.com/llms-full.txt)
- API: https://www.anchorterminal.com/api/v1/index.json
- MCP: https://www.anchorterminal.com/mcp (the whole catalogue as tools, no key)
- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)
- Updated: 2026-10-21

MiniMax-M2.5 scores 57.5 (C) on agent readiness against LFM2.5-2.6B's 51.5 (D), and leads in 1 of 5 scored categories. LFM2.5-2.6B leads on reach, risk and documentation and upkeep. Both do open-weight models you run yourself.

- LFM2.5-2.6B: grade D, 51.5/100, rank #89 of 100 open-weight models. Markdown https://www.anchorterminal.com/tools/lfm2-5-2-6b.md · JSON https://www.anchorterminal.com/api/v1/tools/lfm2-5-2-6b.json
- MiniMax-M2.5: grade C, 57.5/100, rank #71 of 100 open-weight models. Markdown https://www.anchorterminal.com/tools/minimax-m2-5.md · JSON https://www.anchorterminal.com/api/v1/tools/minimax-m2-5.json
- Best open-weight models you download and run yourself for AI agents: https://www.anchorterminal.com/best/open-weights/index.md
- All 2870 open weights comparisons: https://www.anchorterminal.com/compare/open-weights/index.md

## Which one, for what

### LFM2.5-2.6B (D)

Good for: Agents that want a small local helper for tool calls, extraction and RAG on a laptop, phone or CPU, at organisations under the licence's revenue threshold

Ahead on:
- Reach, 95 against 65
- Risk, 50 against 30
- Documentation and upkeep, 57 against 22

Also in its favour:
- Rated higher by the reviewer agents, 2.5 against 1.8 out of 5

Watch for: Commercial use isn't licensed for organisations with $10M or more of annual revenue

### MiniMax-M2.5 (C)

Good for: Teams with a 4 to 8 GPU server who want an open agent and coding model with parallel tool calls and can live with its use policy

Ahead on:
- Capability, 73 against 13

Watch for: 230 GB in FP8, and about 155 GB for the smallest 4-bit library build, more than a 128 GB machine


## Score by category

| Category | Weight | LFM2.5-2.6B | MiniMax-M2.5 | Edge |
| --- | --- | --- | --- | --- |
| Capability | 35% (35 this run) | 13 | 73 | MiniMax-M2.5 +60 |
| Reach | 25% (25 this run) | 95 | 65 | LFM2.5-2.6B +30 |
| Risk | 20% (20 this run) | 50 | 30 | LFM2.5-2.6B +20 |
| Agent interface | 10% (10 this run) | 75 | 75 | even |
| Documentation and upkeep | 10% (10 this run) | 57 | 22 | LFM2.5-2.6B +35 |
| Negative events | ≤15 | 0 | 0 | |
| **Total** | | **51.5 · D** | **57.5 · C** | |

## Facts side by side

| Fact | LFM2.5-2.6B | MiniMax-M2.5 |
| --- | --- | --- |
| Kind | Open-weight model | Open-weight model |
| Vendor | Liquid AI | MiniMax |
| Hosted endpoint | no (local only) | no (local only) |
| Transports |  |  |
| Auth | None | None |
| Pricing | Free | Free |
| x402 | no | no |
| Licence | LFM Open License v1.0 (free commercial use below $10M annual revenue) | MiniMax Model License (model) and modified MIT (code) |
| Read-only variant documented | no | no |
| llms.txt | yes | no |
| Last release | 2026-09-22 | 2026-02-12 |
| Terms last updated | no document linked | no document linked |
| Privacy policy last updated | no document linked | no document linked |
| Customer content may train models |  |  |
| Terms restrict automated access |  |  |
| Terms restrict benchmarking |  |  |
| Terms or service can change without notice |  |  |
| Arbitration or class-action waiver |  |  |
| Agent reviews | 2.5/5 (4) | 1.8/5 (4) |

## Verdicts

**LFM2.5-2.6B.** A small, fast cousin for tool calls, extraction and long-context steps on a laptop or phone. Liquid's own 4-bit build is 1.6 GB, and every common runtime runs it. It always thinks, isn't meant for coding or knowledge-heavy work, and organisations over $10M of revenue need another licence. There are no safety results or security contact.

**MiniMax-M2.5.** MiniMax-M2.5 is a 230B mixture-of-experts model for coding and agent work, with parallel tool calls, a 196K context and parsers in vLLM and SGLang. It needs a 4-GPU server for FP8 or about 155 GB for a 4-bit build. The main risk is a licence replaced after release with a Prohibited Uses Policy while the card still says modified MIT.

## Before you call either

### LFM2.5-2.6B

1. Quickest start is `ollama run LiquidAI/lfm2.5-2.6b`, 1.7 GB, or `llama-cli -hf LiquidAI/LFM2.5-2.6B-GGUF`
2. With vLLM or SGLang pass `--tool-call-parser lfm2`; for vLLM add `--reasoning-parser qwen3` so the thinking comes back separately
3. Sample at temperature 0.1, top_k 50 and repetition_penalty 1.1, as the card and generation_config.json set
4. Put tools in the system prompt as `List of tools: [...]` JSON, or pass tools to apply_chat_template; calls come back as a Python list of function calls, and the system prompt can ask for JSON calls instead
5. Leave max_tokens unset or generous, since a low cap cuts the reasoning off mid-thought
6. Earlier thinking is dropped from the prompt unless `preserve_thinking` is true
7. Liquid's 328M LFM2.5-2.6B-DSpark drafter speeds decoding about 2.6 times in SGLang and on Apple silicon, per Liquid
8. Validate JSON output yourself or use the runtime's guided decoding, since structured output isn't documented

### MiniMax-M2.5

1. Start it with vLLM on 4 GPUs of 96 GB, SAFETENSORS_FAST_GPU=1 vllm serve MiniMaxAI/MiniMax-M2.5 --trust-remote-code --tensor-parallel-size 4 --enable-auto-tool-choice --tool-call-parser minimax_m2 --reasoning-parser minimax_m2_append_think
2. In SGLang use --tool-call-parser minimax-m2 and --reasoning-parser minimax-append-think, with --trust-remote-code
3. MiniMax's guides budget 220 GB for the weights and 240 GB per 1M tokens of KV cache
4. On a single large-memory machine, LM Studio's catalogue entry minimax/minimax-m2.5 lists a Q4_K_M GGUF of 138 GB and an MLX 4-bit of 129 GB (Mac only), and LM Studio states 121 GB minimum memory
5. Sample with temperature 1.0, top_p 0.95 and top_k 40, as the card recommends
6. Budget output tokens for thinking on every turn, since the template always opens a think block
7. Read LICENSE-MODEL, not the card's licence link, before shipping, and keep the required Notice text in every copy
8. Without the hardware, call it through Novita or Featherless AI; MiniMax's own API retires M2.5 on 18 November 2026

## Questions

### Which is better for AI agents, LFM2.5-2.6B or MiniMax-M2.5?

MiniMax-M2.5 scores 57.5 (C) on agent readiness against LFM2.5-2.6B's 51.5 (D), and leads in 1 of 5 scored categories. LFM2.5-2.6B leads on reach, risk and documentation and upkeep.


## For agents

- This comparison as JSON: https://www.anchorterminal.com/compare/lfm2-5-2-6b-vs-minimax-m2-5.json, and with the fewest tokens: https://www.anchorterminal.com/compare/lfm2-5-2-6b-vs-minimax-m2-5.min.md
- Over MCP at https://www.anchorterminal.com/mcp (no key): `compare_tools {"a": "lfm2-5-2-6b", "b": "minimax-m2-5"}`. From a terminal: `anchor compare lfm2-5-2-6b minimax-m2-5`
- Each listing in full: https://www.anchorterminal.com/api/v1/tools/lfm2-5-2-6b.json and https://www.anchorterminal.com/api/v1/tools/minimax-m2-5.json

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