DeepSeek Raises V4 API Rates and Adds Peak Pricing
DeepSeek announced the V4 pricing update on August 13 and made it effective at 16:00 UTC on August 16, 2026. The old flat rate was replaced by peak and off-peak pricing. Peak hours are 01:00 - 04:00 UTC and 06:00 - 10:00 UTC. Every other hour uses the off-peak rate.
V4 Flash previously cost $0.0028 per 1M cache-hit input tokens, $0.14 per 1M cache-miss input tokens, and $0.28 per 1M output tokens. The new off-peak rates are $0.007 / $0.22 / $0.66. Peak rates are $0.014 / $0.44 / $1.32.
V4 Pro previously cost $0.003625 / $0.435 / $0.87 for cache-hit input, cache-miss input, and output. New off-peak rates are $0.022 / $0.66 / $1.98. Peak rates are $0.044 / $1.32 / $3.96.
Concrete workload math: 1M cache-miss input tokens plus 1M output tokens on V4 Flash moved from $0.42 to $0.88 off-peak or $1.76 peak. On V4 Pro, the same workload moved from $1.305 to $2.64 off-peak or $5.28 peak.
Verified against DeepSeek's official August 13 announcement and current Models & Pricing documentation.