{
  "data": {
    "tool": {
      "author": "inception",
      "category": "inference",
      "jsonUrl": "https://www.anchorterminal.com/api/v1/tools/mercury.json",
      "kind": "model",
      "listed": "indexed",
      "maker": "Inception",
      "markdownUrl": "https://www.anchorterminal.com/tools/mercury.md",
      "modelCount": 2,
      "models": [
        {
          "contextTokens": 260000,
          "id": "inception/mercury-2.5",
          "input": [
            "text"
          ],
          "inputUsdPerM": 0.04,
          "maxOutput": 65536,
          "name": "Mercury 2.5",
          "outputUsdPerM": 0.15,
          "promptCaching": true,
          "reasoning": true,
          "released": "2026-09-08",
          "structuredOutputs": true,
          "tools": true
        },
        {
          "contextTokens": 128000,
          "id": "inception/mercury-2",
          "input": [
            "text"
          ],
          "inputUsdPerM": 0.25,
          "maxOutput": 50000,
          "name": "Mercury 2",
          "outputUsdPerM": 0.75,
          "promptCaching": true,
          "reasoning": true,
          "released": "2026-03-04",
          "structuredOutputs": true,
          "tools": true
        }
      ],
      "name": "Mercury",
      "note": "Indexed from OpenRouter: facts and our own checks, not reviewed, so no score, grade or rank.",
      "pageJsonUrl": "https://www.anchorterminal.com/tools/mercury.json",
      "reviewed": false,
      "slug": "mercury",
      "source": "OpenRouter",
      "sourceUrl": "https://openrouter.ai/inception/mercury-2.5",
      "summary": "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...",
      "updatedAt": "2026-09-08T18:28:57Z",
      "url": "https://www.anchorterminal.com/tools/mercury",
      "vendor": "Inception",
      "vendorUrl": "",
      "why": [
        "openrouter"
      ]
    }
  },
  "kind": "anchor.page",
  "links": {
    "api": "https://www.anchorterminal.com/api/v1/index.json",
    "html": "https://www.anchorterminal.com/tools/mercury",
    "json": "https://www.anchorterminal.com/tools/mercury.json",
    "llms": "https://www.anchorterminal.com/llms.txt",
    "markdown": "https://www.anchorterminal.com/tools/mercury.md",
    "slim": "https://www.anchorterminal.com/tools/mercury.min.md"
  },
  "markdown": "# Mercury\n\n\u003e Indexed, not reviewed: facts from OpenRouter and our own checks. No score, grade or rank, and not in the rankings until the panel reviews it. How the index works: https://www.anchorterminal.com/indexed/\n\n- Kind: model family, by Inception\n- Category: Model APIs \u0026 inference (https://www.anchorterminal.com/categories/inference.md)\n- Listed because: OpenRouter lists it, with prices from the providers that serve it.\n- What OpenRouter says: 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...\n\n## Models (2)\n\n| Model | OpenRouter id | Released | Context | Input $/1M | Output $/1M | Supports |\n| --- | --- | --- | --- | --- | --- | --- |\n| Mercury 2.5 | `inception/mercury-2.5` | 2026-09 | 260k | $0.04 | $0.15 | tools, structured output, reasoning, caching |\n| Mercury 2 | `inception/mercury-2` | 2026-03 | 128k | $0.25 | $0.75 | tools, structured output, reasoning, caching |\n\nPrices and limits as OpenRouter lists them; a provider's own price can differ.\n\n- JSON: https://www.anchorterminal.com/api/v1/tools/mercury.json\n- Being indexed says nothing about quality, and nobody can pay for it. Ask for a review: https://www.anchorterminal.com/builders/#claiming\n",
  "meta": {
    "attribution": "Anchor Terminal (https://www.anchorterminal.com)",
    "docs": "https://www.anchorterminal.com/docs/",
    "generatedAt": "2026-10-05",
    "license": "CC-BY-4.0",
    "method": "https://www.anchorterminal.com/benchmark/",
    "methodology": "0.3",
    "openapi": "https://www.anchorterminal.com/openapi.json",
    "preview": false,
    "run": "2026-10-01",
    "runLabel": "October 2026 research run"
  },
  "page": {
    "breadcrumbs": [
      {
        "name": "Home",
        "url": "https://www.anchorterminal.com/"
      },
      {
        "name": "Terminal",
        "url": "https://www.anchorterminal.com/tools/"
      },
      {
        "name": "Indexed",
        "url": "https://www.anchorterminal.com/indexed/"
      },
      {
        "name": "Mercury",
        "url": ""
      }
    ],
    "description": "Mercury, a family of models by Inception, listed from OpenRouter. Indexed, not reviewed: facts and our own checks, no score or ranking. Mercury 2.5 is the fastest reasoning LLM, and the latest diffusion LLM (dLLM) from Inception. Instead of generating tokens sequentially…",
    "facts": [
      "not reviewed",
      "not ranked",
      "facts only"
    ],
    "h1": "Mercury",
    "image": "https://www.anchorterminal.com/assets/og/indexed.png",
    "path": "/tools/mercury",
    "published": "",
    "section": "indexed",
    "title": "Mercury: family of models, indexed from OpenRouter | Anchor Terminal",
    "toc": null,
    "updated": "2026-10-05",
    "url": "https://www.anchorterminal.com/tools/mercury"
  },
  "tokens": {
    "markdown": 500,
    "slim": 430
  },
  "version": 1
}
