DeepSeek R1 vs Hunyuan Hy4
DeepSeek · China | Tencent · China · Updated June 2026
Quick verdict
Pick DeepSeek R1 for open-weight reasoning model or transparent chain-of-thought. Pick Hunyuan Hy4 for first hunyuan model with vision and computer use, adding image input to the text-only hy4 preview or tencent-reported gains over the preview of 19.1% on gamedev and 9.8% on gamelogic. Choose DeepSeek R1 if you need self-hosting or data privacy; Hunyuan Hy4 if you want a managed API.
DeepSeek R1 (DeepSeek) and Hunyuan Hy4 (Tencent) are two of the models people most often weigh against each other in 2026. DeepSeek R1 is the open-weight reasoning model that reset price expectations in early 2025. Hunyuan Hy4 is tencent's November 4, 2026 full Hy4 release - a 1M-context model that adds vision and computer use at about $0.90/$2.70, with weights promised but not yet public. They diverge most on price, context window and open vs. closed weights — each quantified below from the models' real specs.
Key differences at a glance
- ▸Price: DeepSeek R1 is about 1.6× cheaper on input ($0.55/$2.19 per 1M tokens vs $0.9/$2.7 per 1M tokens) — modest, but it adds up at steady volume.
- ▸Context window: Hunyuan Hy4 holds 8.2× more — 1M tokens (~1,573 pages) vs 128K (~192 pages). But effective recall usually fades long before the advertised ceiling, so the bigger number only helps if the model reasons over it.
- ▸Recency: Hunyuan Hy4 is the newer model by about 22 months (released November 4, 2026), usually meaning fresher training data and capabilities.
Side-by-side specs
| Spec | DeepSeek R1 | Hunyuan Hy4 |
|---|---|---|
| Provider | DeepSeek (China) | Tencent (China) |
| Released | January 2025 | November 4, 2026 |
| Context window | 128K (~192 pages) | 1M tokens (~1,573 pages) |
| Price (in/out) | $0.55/$2.19 per 1M tokens | $0.9/$2.7 per 1M tokens |
| Open weight? | Yes — self-hostable | No — API only |
| Modalities | text, code | text, image, code |
| SWE-Bench Verified | Not published | Not published |
| MRCR v2 @ 1M | Not published | Not published |
Who wins what
Open-weight reasoning model
DeepSeek R1
Open weights make this possible at all — Hunyuan Hy4 is API-only, so it cannot leave the vendor's servers.
Transparent chain-of-thought
DeepSeek R1
The open-weight reasoning model that reset price expectations in early 2025 — and it runs cheaper at $0.55/$2.19 per 1M tokens.
Low cost
DeepSeek R1
At $0.55/$2.19 per 1M tokens it undercuts Hunyuan Hy4 ($0.9/$2.7 per 1M tokens), and that gap compounds at volume.
First Hunyuan model with vision and computer use, adding image input to the text-only Hy4 Preview
Hunyuan Hy4
DeepSeek R1 is comparatively weak here — discontinued - no longer offered as a standalone model via DeepSeek's API as of mid-2026; the legacy alias that used to point to it stopped working July 24, 2026
Tencent-reported gains over the preview of 19.1% on GameDev and 9.8% on GameLogic
Hunyuan Hy4
Tencent's November 4, 2026 full Hy4 release - a 1M-context model that adds vision and computer use at about $0.90/$2.70, with weights promised but not yet public — and it carries the larger 1M tokens context.
Tencent-reported financial evaluation of 3.04, ahead of DeepSeek V4.1 Flash 1017 at 2.97
Hunyuan Hy4
Tencent's November 4, 2026 full Hy4 release - a 1M-context model that adds vision and computer use at about $0.90/$2.70, with weights promised but not yet public — and it is the newer of the two.
Lowest cost at scale
DeepSeek R1
At $0.55/$2.19 per 1M tokens, it is the cheaper of the two — the gap dominates the bill on high-volume workloads.
Largest single-prompt input
Hunyuan Hy4
Its 1M tokens window is about 8.2× larger than DeepSeek R1's 128K, fitting roughly 1,573 pages in one prompt.
Which should you pick?
A cost-sensitive startup shipping high volume
→ DeepSeek R1
At $0.55/$2.19 per 1M tokens it undercuts Hunyuan Hy4, and on millions of tokens that margin decides the monthly bill.
Someone analysing very long documents or codebases
→ Hunyuan Hy4
Larger 1M tokens window fits more in one prompt.
A team with data-privacy or self-hosting needs
→ DeepSeek R1
Open weights let you run it on your own hardware; Hunyuan Hy4 is API-only.
Anyone whose priority is open-weight reasoning model
→ DeepSeek R1
It is specifically built for that.
Anyone whose priority is first hunyuan model with vision and computer use, adding image input to the text-only hy4 preview
→ Hunyuan Hy4
That is its strongest area.
DeepSeek R1: where it fits
The open-weight reasoning model that reset price expectations in early 2025. Released January 2025 by DeepSeek, it is built for open-weight reasoning model, transparent chain-of-thought, low cost, and strong maths and code.
Its trade-offs are real: discontinued - no longer offered as a standalone model via DeepSeek's API as of mid-2026; the legacy alias that used to point to it stopped working July 24, 2026, older than V4, smaller 128K context, and text/code focused. At $0.55 in / $2.19 out per million tokens, it sits in the budget price band.
Hunyuan Hy4: where it fits
Tencent's November 4, 2026 full Hy4 release - a 1M-context model that adds vision and computer use at about $0.90/$2.70, with weights promised but not yet public. Released November 4, 2026 by Tencent, it is built for first Hunyuan model with vision and computer use, adding image input to the text-only Hy4 Preview, tencent-reported gains over the preview of 19.1% on GameDev and 9.8% on GameLogic, tencent-reported financial evaluation of 3.04, ahead of DeepSeek V4.1 Flash 1017 at 2.97, and about $0.90/$2.70 per million tokens, with 50% off on Tencent Cloud TokenHub through December 31, 2026 (OpenRouter lists $0.417/$1.25 with that discount).
Its trade-offs: weights not public as of November 5, 2026 - Tencent says weights and system cards will come in the coming days, and no license is announced yet, only the earlier Hy4 Preview is downloadable today (Apache 2.0), published improvements are Tencent's own and mostly relative to the preview, with no SWE-bench Verified figure, and sources differ on list price: Tencent says about $0.90/$2.70, while OpenRouter and Vals show $0.83/$2.50. At $0.9 in / $2.7 out per million tokens, it sits in the budget price band.
The bottom line for this matchup
The defining split here is open vs. closed. DeepSeek R1 gives you weights you control — self-host it, fine-tune it, keep data in-house, pay only for hardware. Hunyuan Hy4 gives you a managed, always-updated API with no infrastructure to run. Teams with GPUs, privacy requirements, or huge volume often favour the open model; teams that want zero ops and the latest capabilities favour the closed one. Capability is close enough that this operational question, not the benchmark, usually decides it.
Want both DeepSeek R1 and Hunyuan Hy4 without two subscriptions? LumiChats gives you these plus 40+ models under one ₹69/day pass (about $1/day) — draft with one, cross-check with the other.
See pricingFrequently asked questions
Is DeepSeek R1 or Hunyuan Hy4 better for coding?
Public SWE-Bench figures are not available for either model, so the honest test is your own repository — run an identical real bug through both. By design, DeepSeek R1 leans toward open-weight reasoning model while Hunyuan Hy4 leans toward first hunyuan model with vision and computer use, adding image input to the text-only hy4 preview, and that positioning usually predicts which feels better on your codebase.
Which is cheaper, DeepSeek R1 or Hunyuan Hy4?
DeepSeek R1 is open-weight, so self-hosting means no per-token fee (you pay for hardware instead), while Hunyuan Hy4 is API-metered at $0.9/$2.7 per 1M tokens. For most teams without GPUs, the API model is cheaper to start; at very high volume, self-hosting can win.
Which has the bigger context window?
Hunyuan Hy4 — 1M tokens vs 128K, about 8.2× larger. Useful only if the model actually reasons over the full window, which not all do.
Can I use both DeepSeek R1 and Hunyuan Hy4 together?
Yes — a multi-model platform like LumiChats gives you DeepSeek R1, Hunyuan Hy4 and 40+ others under one ₹69/day pass (about $1/day), so you can draft with one and cross-check with the other instead of buying two subscriptions.
Which is newer, DeepSeek R1 or Hunyuan Hy4?
Hunyuan Hy4 — released November 4, 2026, about 22 months after DeepSeek R1.
Related comparisons
Specifications and benchmarks reflect publicly reported figures as of June 2026 and may change as providers release updates. Always verify on your own workload.