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DeepSeek V3.2

671B MoE (37B active)

Current default model behind deepseek-chat API endpoint. Non-thinking mode.

chat OpenAI-compatible Function calling 128K context Released 2025-12

Pricing

Type USD / 1M tokens CNY / 1M tokens
Input $0.28 ¥2
Output $0.42 ¥8
Cached Input $0.028 ¥0.5

vs Western Models

DeepSeek V3.2 vs GPT-5.2 ($1.75/$14)
84% cheaper input 97% cheaper output
DeepSeek V3.2 vs Claude Sonnet 4.6 ($3/$15)
91% cheaper input 97% cheaper output
DeepSeek V3.2 vs Gemini 2.5 Pro ($1.25/$10)
78% cheaper input 96% cheaper output

IDE Setup

Cursor

base_url: https://api.deepseek.com/v1
model: deepseek-chat

Cline

base_url: https://api.deepseek.com/v1
model: deepseek-chat

Strengths

  • + coding
  • + math
  • + cost-effective

Watch Out For

  • ! content censorship
  • ! occasional rate limits

International Access

Direct access: Yes
Latency from US: 150-300ms
Registration: email
Payment: credit card

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