Hy4 vs Mercury 2

Price, context window & benchmark comparison

Tencent

Hy4

Tencent
$0.42 / $1.25
Input / Output · per 1M tokens
VS
Inception

Mercury 2

Inception
$0.25 / $0.75
Input / Output · per 1M tokens
Compare different models
Tencent
Inception
Verdict: Mercury 2 is 40% cheaper than Hy4 on a typical 3:1 input/output mix. Hy4 has the larger context window (1M vs 128K).
Hy4Mercury 2
Input price / 1M$0.42$0.25
Output price / 1M$1.25$0.75
Blended price (3:1)$0.63$0.38
Cached input / 1M$0.021$0.025
Context window1M128K
Max output66K50K
Intelligence index34.6—
Coding index—31.1
Providers1—
Best provider uptime (30m)100.0%—
Vision inputYesNo
ReasoningYesYes
Tool callingYesYes
Released2026-11-042026-03-04
Retirement—2026-11-08

Cost calculator

FAQ

Which is cheaper, Hy4 or Mercury 2?

Mercury 2 is 40% cheaper than Hy4 on a typical 3:1 input/output mix.

Hy4 vs Mercury 2: which has a bigger context window?

Hy4: 1,048,576 tokens. Mercury 2: 128,000 tokens.

How much would 1 million requests cost?

At 2,000 input + 500 output tokens per request: Hy4 ≈ $1,459, Mercury 2 ≈ $875.00.

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