The global phenomenon Squid Game is poised for its climactic finale, with Netflix unveiling the official trailer for its third and final season at the Tudum 2025 event. Set to premiere on June 27, 2025, the trailer teases an intense continuation of the survival thriller that has gripped audiences worldwide since 2021. With deadly new games, emotional betrayals, and a desperate fight to end the brutal competition, Squid Game Season 3 promises a riveting conclusion to creator Hwang Dong-hyuk’s groundbreaking series. According to Netflix Tudum, the trailer sets the stage for a season of high stakes, heartbreak, and unrelenting suspense.
Squid Game Season 2, which dropped in December 2024, left viewers stunned with its dramatic cliffhanger. Seong Gi-hun, Player 456, led a daring rebellion to dismantle the shadowy organization behind the deadly games. Rallying a group of desperate players, Gi-hun nearly reached the Front Man’s control center, only to face a crushing betrayal: the Front Man, disguised as Player 001, sabotaged the uprising. The revolt crumbled, resulting in the tragic death of Gi-hun’s best friend, Jung-bae. Captured and defeated, Gi-hun and his surviving allies were forced back to the players’ dorm, compelled to continue the lethal contest. This shocking twist sets the stage for a darker, more intense third season.
What the Squid Game Season 3 Trailer Reveals
The Squid Game Season 3 trailer, revealed at Tudum 2025, immerses viewers back in the nightmarish arena where 456 debt-ridden contestants compete for a 45.6 billion KRW (approximately $31 million) prize, with only one survivor emerging. The trailer spotlights Gi-hun’s return to the players’ dorm, wrestling with despair after his failed rebellion. A haunting image of Gi-hun awakening in the iconic Squid Game coffin signals his dire predicament, while a gumball machine hints at a new, lethal game that will test the players’ limits. The trailer also unveils the Front Man’s true identity as In-ho, a former ally who posed as a competitor in Season 2, deepening Gi-hun’s sense of betrayal.
Creator Hwang Dong-hyuk has hinted that Season 3 will delve into Gi-hun’s transformed psyche. “Gi-hun will not be the man he was in Season 2,” Hwang told Netflix Tudum, sparking curiosity about whether Gi-hun will persist in his quest to destroy the games or surrender to hopelessness. The trailer suggests that surviving players, including Gi-hun’s allies, will face even deadlier challenges as the stakes escalate. The sound of a baby crying points to Jun-hee, a pregnant player from Season 2, whose newborn could disrupt the games in unforeseen ways. Meanwhile, speculation surrounds Kang No-eul, a North Korean defector and guard, who may emerge as a new force against the system.
The Cast Powering the Final Season of Squid Game
Squid Game Season 3 features a dynamic ensemble, blending returning characters with compelling newcomers. The following actors will bring the final season to life:
Lee Jung-jae as Seong Gi-hun (Player 456), the resolute protagonist determined to end the games.
Lee Byung-hun as the Front Man (In-ho), the enigmatic overseer whose betrayal stunned viewers.
Lee Seo-hwan as Jung-bae, Gi-hun’s best friend whose tragic death fuels the protagonist’s resolve.
Yim Si-wan as a key surviving member of Gi-hun’s alliance.
Park Sung-hoon as another surviving ally navigating the deadly competition.
Jo Yu-ri as a resilient player from Gi-hun’s group.
Park Gyu-young as a determined survivor facing new challenges.
Wi Ha-joon as detective Jun-ho, continuing his search for his lost brother.
The Legacy and Future of Squid Game
Squid Game has redefined global television since its 2021 debut, becoming Netflix’s most-watched non-English-language series with 14 Emmy nominations and six wins in 2022. Season 2, released in December 2024, averaged 27.1 million viewers, ranking as Netflix’s third-most-watched series ever. Its sharp critique of capitalism, paired with visceral storytelling, has resonated across 94 countries, earning a Golden Globe and multiple SAG Awards.
As Squid Game Season 3 concludes the main storyline, the franchise’s future looks expansive. Creator Hwang Dong-hyuk has hinted at potential spin-offs, including prequels or stories centered on the games’ guards. Projects like Squid Game: The Challenge, a reality show, and Squid Game: Unleashed, a multiplayer video game, have already extended the universe. The Squid Game: The Experience touring activation offers fans an immersive dive into the games’ world. With Netflix’s commitment to the franchise, new stories exploring the origins of the games or the lives of its enigmatic figures could further cement Squid Game’s cultural legacy, ensuring its gripping narrative endures beyond the final season.
