MiMo-V2.5-Pro cache hit at $0.0036—a 99% drop. This isn’t a price cut; it’s a dimensionality knockout. Will other exchanges be able to keep up?

According to Beating Monitoring, Xiaomi’s large-model API has undergone widespread price adjustments. A permanent and significant price cut has been applied to its self-developed MiMo-V2.5 series, with the maximum discount reaching 99%. This price reduction not only substantially lowers the base unit price, but also removes the long-text billing premium, enabling unified billing for all context lengths.

The specific billing plan shows that the input cache hit price for the flagship model MiMo-V2.5-Pro has been reduced to only 0.0036 USD per million tokens, a 99% reduction compared with long-text billing. The input cache miss price has been adjusted to 0.435 USD per million tokens, a 78% reduction. The output price has been lowered to 0.87 USD per million tokens, an 86% reduction from the originally planned price. Standard version model MiMo-V2.5