DeepSeek V3.2
DeepSeek V3.2 is a DeepSeek model from DeepSeek, released in 2025-09. It costs $0.28 / $0.42 per 1M, has a 128k-token context window, and is best for cheap-reasoning, cheap-production, open-weights. Last verified 2026-04-19.
Spec sheet
Pricing
- Input
- $0.28 / 1M
- Output
- $0.42 / 1M
- Cached input
- $0.028 / 1M
- Free tier
- OpenRouter
Context & speed
- Context window
- 128k tokens
- Max output
- 64k tokens
- Throughput
- ~85 tok/s
- Time to first token
- ~700 ms
- Speed tier
- balanced
Capabilities
- Tool use
- Yes
- Structured output
- Yes
- Prompt caching
- Yes
- Extended thinking
- Yes
- Vision input
- No
- Audio in / out
- No
- Fine-tuning
- Yes
Deployment
- Open weights
- Yes
- On-prem
- Yes
- HIPAA eligible
- No
- Zero retention
- No
- Regions
- apac, us
Estimated monthly cost
Assumes typical token shape: 2k input, 600 output per call. Prompt caching is excluded from these figures.
When to use DeepSeek V3.2
Sweet spot
- cheap reasoning
- cheap production
- open weights
Known trade-offs
- data-routing via China for hosted API
- below top-20 on arena leaderboard
Works with
Compare DeepSeek V3.2 to other models
FAQ — DeepSeek V3.2
How much does DeepSeek V3.2 cost?
DeepSeek V3.2 costs $0.28 / $0.42 per 1M tokens on the DeepSeek API. Cached input reads cost $0.028 per 1M, cutting the input bill by roughly 90% on repeat system prompts.
What is the context window of DeepSeek V3.2?
DeepSeek V3.2 has a 128k-token context window with up to 64k tokens of output. That's enough for typical chat and short-document tasks.
Does DeepSeek V3.2 have a free tier?
Yes — Often available free via OpenRouter; official API is very cheap ($0.28 cache miss, $0.028 cached input). Start at https://openrouter.ai.
Is DeepSeek V3.2 HIPAA / EU / on-prem friendly?
DeepSeek V3.2 is not HIPAA-eligible, not available in an EU region, and offers open weights for self-hosting. Zero data retention is not available.
What is DeepSeek V3.2 best for?
DeepSeek V3.2 is best for cheap reasoning, cheap production, open weights. Trade-offs to be aware of: data-routing via China for hosted API; below top-20 on arena leaderboard.
Which tools and SDKs work with DeepSeek V3.2?
DeepSeek V3.2 integrates with DeepSeek SDK, OpenAI-compatible API, OpenRouter, Ollama, vLLM, LangChain. Most major AI frameworks support it either natively or through OpenAI-compatible endpoints.