LongCat 2.0: pricing, context and benchmarks

What you need to know about LongCat 2.0

LongCat 2.0 was released by Meituan (China) on July 20, 2026. It accepts text as input and produces text. Its context window reaches 1,048,756 tokens, larger than 93 % of the models in the registry, and it can write up to 262,144 tokens in one go.

It has been available for about 3 months, long enough for its prices and scores to have settled.

LongCat 2.0 pricing

On OpenRouter, LongCat 2.0 costs $0.3 per million input tokens and $1.2 per million output tokens. Counting three tokens read for every token written, its average price is $0.525 per million, more expensive than 43 % of paid models (1.5 times cheaper than the median of $0.76).

A concrete example: a task that sends 2,000 tokens (about 1,500 words) and receives a 500-token answer costs $0.0012. At 1,000 tasks a day, budget $36 a month. The price calculator redoes this with your own volumes.

Tokens already sent and cached are billed at $0.006 per million.

Performance and benchmarks

Epoch AI does not yet publish a capabilities index for LongCat 2.0. We therefore show no made-up performance rating: only price, context and features count towards its score.

Features, privacy and local use

• It supports tool calling, so it can drive an AI agent, call APIs or MCP servers.
• It is a reasoning model: it "thinks" before answering, which helps on hard tasks but uses more output tokens.

Its weights are open and downloadable from Hugging Face: you can run it on your own machines without sending your data to a third party.