Quick answer: DeepSeek-V3 is DeepSeek's December 2024 flagship Mixture of Experts model, scoring 88.5% on MMLU, 90.2% on MATH, 27.2% on LiveCodeBench, and 34.5% on BigCodeBench. At $0.27/$1.10 per 1M tokens with MIT license and open weights, it was the leading cost-efficient frontier model at launch — matching GPT-4o-class performance at a fraction of the price.
Where DeepSeek-V3 leads
Where it lags
Best for: Cost-efficient frontier AI with open weights; self-hosting at GPT-4 capability level; high-volume pipelines where MIT licensing enables unrestricted deployment.
DeepSeek-V3 was released December 26, 2024, establishing DeepSeek as a leading provider of cost-efficient frontier AI. Its 671B MoE architecture (with ~37B active parameters at inference) delivers GPT-4-class performance at $0.27/$1.10 per 1M tokens — a breakthrough in cost/performance ratio that reshaped the competitive landscape.
The model's MATH score (90.2%) and MMLU score (88.5%) placed it among the top tier of models at launch, competitive with GPT-4o and Claude 3.5 Sonnet at 10× lower price. Its MIT license allows unrestricted commercial use, self-hosting, and fine-tuning without attribution requirements.
DeepSeek-V3 has since been updated (DeepSeek-V3-0324, then further versions), with each version improving benchmark scores while maintaining the same cost-efficient MoE architecture and open licensing approach.
| Field | Value |
|---|---|
| Organization | DeepSeek |
| Total parameters | 671B (MoE) |
| Active parameters | ~37B per token |
| Context window | 128,000 tokens |
| License | MIT |
| HuggingFace | deepseek-ai/DeepSeek-V3 |
| Release date | December 26, 2024 |
| Knowledge cutoff | October 2024 |
| Modality | Text only |
| Architecture | MoE (Mixture of Experts) |
| Input (per 1M tokens) | Output (per 1M tokens) | |
|---|---|---|
| DeepSeek API | $0.27 | $1.10 |
Open weights also available for self-hosting at no per-token cost. Pricing per DeepSeek pricing page.
DeepSeek-V3 has a 128,000-token context window — sufficient for most document analysis and coding tasks, though below the 1M-token context of GPT-4.1 and Gemini 2.5 Pro.
| Benchmark | Score | Source | Date |
|---|---|---|---|
| MMLU | 88.5% | Benchgen evaluation | 2025-07 |
| MATH | 90.2% | Benchgen evaluation | 2025-07 |
| BigCodeBench | 34.5% | Benchgen evaluation | 2025-07 |
| LiveCodeBench | 27.2% | Benchgen evaluation | 2025-07 |
| CyberGym | 3.6% | Benchgen evaluation | 2025-07 |
| SimpleQA | 24.9% | Benchgen evaluation | 2025-07 |
| Model | MMLU | MATH | LiveCodeBench | Price (in/out per 1M) | License |
|---|---|---|---|---|---|
| DeepSeek-V3 | 88.5% | 90.2% | 27.2% | $0.27 / $1.10 | MIT |
| GPT-4 Turbo | 86.4% | 72.6% | 28.7% | $10 / $30 | Proprietary |
| GPT-4.1 | — | — | — | $2 / $8 | Proprietary |
| Llama 4 Maverick | — | — | — | Self-host | Llama 4 |
DeepSeek-V3 vs GPT-4 Turbo: higher MMLU (88.5% vs 86.4%) and MATH (90.2% vs 72.6%) at 37× lower cost. The value case for DeepSeek-V3 is strong for any workload that fits within 128K context.
from openai import OpenAI
client = OpenAI(
api_key="YOUR_DEEPSEEK_API_KEY",
base_url="https://api.deepseek.com/v1",
)
response = client.chat.completions.create(
model="deepseek-chat",
messages=[{"role": "user", "content": "Solve this maths problem step by step..."}],
)
print(response.choices[0].message.content)Specs and scores sourced from DeepSeek's official V3 release (December 2024) and Benchgen evaluations. Pricing cited to the DeepSeek platform pricing page. Last updated 2026-07-24.
This model isn’t on any benchmark leaderboard yet.