DeepSeek: DeepSeek V3.2

DeepSeek: DeepSeek V3.2

deepseek · Released Dec 1, 2025
Intelligence #9 / 612
82.0 our score
Speed #169 / 287
79.8 tok/s
Input Price #331 / 612
$0.269 per 1M tokens
Output Price #229 / 612
$0.400 per 1M tokens
Context #249 / 612
163,840 tokens

Analysis Summary

DeepSeek V3.2 is a well-rounded release with strong coding performance and high agentic reliability, backed by full benchmark coverage across reasoning, math, and tool-use tasks. It supports both tool use and function calling, making it viable for structured workflows.

For businesses, this profile fits software development support, automated coding pipelines, and multi-step agent tasks where budget matters. Instruction-following and long-context reasoning scores are respectable rather than exceptional, so highly nuanced client-facing writing may need a stronger content-focused model.

Pricing is aggressive for the capability on offer, making it a strong budget alternative to premium coding models where cost efficiency outweighs polish.

Assessed July 19, 2026

Editorial notes

DeepSeek V3.2 delivers strong coding and agentic benchmarks with tool use and function calling, at aggressive pricing and a 163K context window.

Rankings consider pricing, capabilities, benchmarks, and real-world applicability and are refreshed as new models launch. Feedback?

DFO Verdict

DeepSeek V3.2 delivers strong coding and agentic benchmarks with tool use and function calling, at aggressive pricing and a 163K context window.

#9 of 612 overall

Benchmark scores

GPQA Diamond 84%
HLE 22.2%
MMLU Pro 86.2%
AIME 2025 92%
SciCode 38.9%
LiveCodeBench 86.2%
TerminalBench Hard 35.6%
τ²-Bench 90.6%
IFBench 60.7%
LCR 65%

Magenta = intelligence Ā· Ink = technical/agentic Ā· Cyan = content & long-context Ā· Grey = community benchmarks. Data: Artificial Analysis, Hugging Face.

32 Intelligence IndexĀ·44.2 Coding IndexĀ·63.1 Agentic IndexĀ·92 Math Index

How DeepSeek: DeepSeek V3.2 compares

DeepSeek: DeepSeek V3.2 ranks #80 of 393 AI models we track for overall intelligence, #47 of 157 for coding, #45 of 300 for agentic tasks. Its 164K-token context window is larger than 59% of the models we list. At $0.27 per million input tokens it is cheaper than 46% of comparable models.

Position in the field
Intelligence: smarter than 99% of models #9
Speed: faster than 41% of models #169
Price: cheaper than 46% of models #331
Context: larger than 59% of models #249
worst in fieldmedianbest in field
Price vs frontier peers Ā· $ per 1M tokens
DeepSeek: DeepSeek V3.2 $0.27 in $0.40 out
Anthropic: Claude Fable 5 $10.00 in $50.00 out
Anthropic: Claude Opus 4.8 $5.00 in $25.00 out
Google: Gemini 3.1 Pro Preview $2.00 in $12.00 out

Dark bar = input Ā· light bar = output, scaled to the priciest peer.

Context window vs peers Ā· tokens

1M tokens ā‰ˆ 8 full-length novels or ~2,500 pages of business documents in a single request.

Intelligence5.3Technical6.4Value7.8Content7.2
Performance profile

Strongest on value. The pulled-in intelligence corner is the trade-off, and if the shape matters more than the price, this is your model.

Compare shapes side-by-side →

Pricing

Token Type Cost per 1M tokens Cost per 1K tokens
Input $0.27 $0.000269
Output $0.40 $0.000400

What would DeepSeek: DeepSeek V3.2 cost your business?

Pick the job that looks most like yours, then fine-tune with the sliders. Estimates update live.

A website chatbot handling around 100 customer conversations a day, a few short messages each.

3,000
One request is one message, email, draft or automation call.
1,200 tokens

$0/mo DeepSeek: DeepSeek V3.2

Full calculator with 612 models → Price Calculator

DFO AI AUTOMATION

These numbers get smaller with the right architecture.

We route routine calls to cheap models and save DeepSeek: DeepSeek V3.2 for the hard ones. Most clients cut their estimate by 60-80%.

Talk to our team

About DeepSeek: DeepSeek V3.2

DeepSeek-V3.2 is a large language model designed to harmonize high computational efficiency with strong reasoning and agentic tool-use performance. It introduces DeepSeek Sparse Attention (DSA), a fine-grained sparse attention mechanism..

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Frequently asked questions about DeepSeek: DeepSeek V3.2

How much does DeepSeek: DeepSeek V3.2 cost?

DeepSeek: DeepSeek V3.2 costs $0.27 per million input tokens and $0.40 per million output tokens.

What is the context window of DeepSeek: DeepSeek V3.2?

DeepSeek: DeepSeek V3.2 has a context window of 163,840 tokens (164K).

Is DeepSeek: DeepSeek V3.2 good for coding?

On our coding benchmark index, DeepSeek: DeepSeek V3.2 ranks #47 of 157 models, placing it in the broader range of the field for code generation and debugging.

What can DeepSeek: DeepSeek V3.2 do?

DeepSeek: DeepSeek V3.2 supports tool use and function calling.

Who created DeepSeek: DeepSeek V3.2?

DeepSeek: DeepSeek V3.2 is developed by DeepSeek and was released on December 1, 2025.