DeepSeek V3.1 Terminus (DeepSeek) and DeepSeek V3.2 (DeepSeek) compared on the ModelCap Index, API price, context window, provider availability, weight access and every public benchmark board they share. Figures are the same ones shown on the live rankings; nothing here is a hidden score.
Snapshot as of 22 September 2026
As of 22 September 2026, DeepSeek V3.2 holds the stronger ModelCap Index position (#61 vs #71); and DeepSeek V3.2 is 2.5× cheaper per output token ($0.40/1M vs $1.00/1M).
Evidence: 3 public benchmark observations across 3 boards · 4 public benchmark observations across 4 boards. Prices are the lowest listed API offer per million tokens observed on the OpenRouter catalogue.
Benchmark scores: DeepSeek V3.1 Terminus vs DeepSeek V3.2
Public benchmark boards where DeepSeek V3.1 Terminus or DeepSeek V3.2 has a published result
DeepSeek V3.1 Terminus vs DeepSeek V3.2: common questions
Is DeepSeek V3.1 Terminus better than DeepSeek V3.2?
DeepSeek V3.2 ranks higher on the ModelCap Index as of 22 September 2026: #61 against #71. That is a capability ranking built from public benchmark evidence with published uncertainty; whether it is "better" for you also depends on price, context and where you can run it. Their published uncertainty intervals overlap, so the rank difference alone does not establish a reliable capability advantage for your workload.
Is DeepSeek V3.1 Terminus cheaper than DeepSeek V3.2?
DeepSeek V3.2 is cheaper on output tokens: $0.40/1M against $1.00/1M. Input tokens are $0.27/1M for DeepSeek V3.1 Terminus and $0.269/1M for DeepSeek V3.2. Prices are the lowest listed API offer ModelCap observed, in USD per million tokens. For 1,000 requests with 2,000 input and 500 output tokens each (2M input + 0.5M output), the listed-rate estimate is $1.04 for DeepSeek V3.1 Terminus versus $0.74 for DeepSeek V3.2. DeepSeek V3.2 costs 29.0% less in this scenario. This excludes caching, batch discounts, prompt-length tiers, tool charges and retries; verify the selected endpoint before budgeting.
Which has the bigger context window, DeepSeek V3.1 Terminus or DeepSeek V3.2?
Both publish a 164K-token context window.
Which is better for coding, DeepSeek V3.1 Terminus or DeepSeek V3.2?
Are DeepSeek V3.1 Terminus and DeepSeek V3.2 open-weight models?
DeepSeek V3.1 Terminus: Open weights. DeepSeek V3.2: Open weights. Open weights mean the checkpoint can be downloaded and self-hosted under its licence; API-only models are available solely through hosted endpoints.
Where can I run DeepSeek V3.1 Terminus and DeepSeek V3.2?
ModelCap currently lists 4 API providers for DeepSeek V3.1 Terminus and 15 for DeepSeek V3.2, from the OpenRouter catalogue snapshot the site serves; each model page lists the providers and their prices.
How current is this DeepSeek V3.1 Terminus vs DeepSeek V3.2 comparison?
Every figure comes from the sealed ModelCap dataset published 22 September 2026; the page re-renders within a minute of each data refresh, and the ModelCap Index positions are the same ones shown on the live rankings.