Two Product Lines, One Endpoint
MiniMax ships two things developers integrate: the Hailuo video models and the MiniMax M-series language models. The ModelsLab API carries both. Video goes through the same /api/v7/video-fusion/ endpoints as Kling, Veo, Wan and Seedance, and the LLMs go through the OpenAI-compatible chat endpoint — on one key, one bill and one integration.
Hailuo 2.3 is the current cost-effective generation at $0.067 per second of output, with a Fast image-to-video variant at $0.038 per second. Hailuo 02 and the MiniMax H3 family are priced per generation scaled by duration and resolution, from $0.096, and add start/end-frame and reference-to-video control for shots that need continuity.