Mercury API pricing per 1M tokens
Mercury API pricing starts at $0.04 per 1M input tokens with Mercury 2.5. The top tier is Mercury Edit 2. Ruble figures use the CBR rate for Sep 18, 2026.
Prices in rubles as of 18.09.2026 at the CBR rate: 1 $ = 84.51 ₽.
Mercury API price per 1M tokens
| Model | Context | Input / 1M | Output / 1M | Capabilities | |
|---|---|---|---|---|---|
| Mercury 2.5 2026-09-08 | 260K | 3,38 ₽$0.04 | 12,68 ₽$0.15 | reasoningtoolsstructured | |
| Mercury Edit 2 2026-03-30 | 32K | 21,13 ₽$0.25 | 63,38 ₽$0.75 | — | |
| Mercury 2 2026-02-24 | 128K | 21,13 ₽$0.25 | 63,38 ₽$0.75 | reasoningtoolsstructured |
Models shown: 3 / 3
About the Inception API
Inception (Inception Labs, USA) develops the Mercury line. The catalog lists two models — Mercury 2 and Mercury Edit 2: a 128,000-token context window, $0.25 per 1M input and $0.75 per 1M output tokens, closed weights and API-only access.
Mercury publishes API prices per million tokens, billed separately for input and output, so the cost of a request depends on prompt and completion length. The table above lists 3 models with per-1M pricing, context window and maximum output.
Frequently asked questions
How much does the Mercury API cost?
There is no single rate — it depends on the model. The lowest input price across Mercury models is 3.38 ₽ per 1M tokens, converted from the provider's dollar price list, and the top-tier model is Mercury Edit 2. The table above lists input and output rates for every Inception model. Data as of September 2026.
Which Mercury model is the cheapest?
By input price it is Mercury 2.5 at 3.38 ₽ per 1M input tokens. The final bill also depends on the output rate, which varies far more between models: the longer the answers, the bigger the gap. Compare the Input / 1M and Output / 1M columns before you commit to a model.
How many Mercury models are in the catalog?
Inception models in the catalog: 3, as of September 2026. The list is built automatically from the provider's public data — new models appear at the next sync, while retired ones stay in place with a deprecated status. Every model has its own page with prices and limits.
How are Mercury prices converted to rubles?
Inception publishes its price list in dollars per 1M tokens, and the ruble figures are a conversion at the official Bank of Russia rate, currently 1 $ = 84.51 ₽. The rate and the date it was taken are shown in the page header, and the currency switch brings back the original dollar prices.
How do the Mercury model lines differ?
The lines differ in size, price and purpose: there are lightweight models starting at 3.38 ₽ per 1M input tokens, and top-tier ones such as Mercury Edit 2. The table columns show exactly what changes — context window, input and output prices, capabilities. Details live on each model page.
How often are Mercury prices updated?
The catalog syncs every day at 06:00 Moscow time: provider price lists, limits, the model list and the Bank of Russia rate are all re-read. If Inception changes a rate, the new price shows up here after the next sync. Current figures are as of September 2026.
Do Mercury models support reasoning?
Yes, some Mercury models support a reasoning mode — the Capabilities column flags it in the table, and each model page lists it separately. Keep in mind that reasoning consumes output tokens, so a request costs more even when the per-1M rate stays the same.
How much do 1,000 Mercury tokens cost?
Providers quote prices per 1M tokens, so 1,000 tokens cost exactly a thousandth of that. The cheapest option in the catalog is Mercury 2.5 at $0.04 per 1M input tokens.