Dec 12, 2025
DeepSeek v3.2 tops Open-Weight Vals Index
DeepSeek V3.2 (Nonthinking) has just claimed first place on our Open-Weight Vals Index at a third of the price of leading competitors!
- Both DeepSeek V3.2 (Nonthinking) and DeepSeek V3.2 (Thinking) lead the way with competitive performance on SWE-bench Verified and our proprietary Finance Agent Benchmark.
- Surprisingly, we found that DeepSeek V3.2 (Nonthinking) generally outperformed DeepSeek V3.2 (Thinking) - see our comparison page for details
- Both models constitute a significant improvement over DeepSeek V3.1
That said, neither model is truly SOTA: the best placement either achieves is ninth on Terminal-Bench. With Christmas coming up, we look forward to further innovations from DeepSeek!