Squid Game Season 3: What to Expect From the Trailer

The South Korean survival drama series Squid Game is created by Hwang Dong-hyuk and released on Netflix in 2021 and became Netflix's most-watched show ever (as of 2021), viewed by over 100 million households in its first month.

On June 27, 2025 Squid Game is receiving its new streaming of Season 3, which will push the story into a finale. With a chilling new trailer dropping clues, let’s had a brief recap of previous plots and games and explore possible hints in the trailer released.

Part 1.Release and Trailer Date of Squid Game Season 3

This trailer marks the beginning of the end for the globally acclaimed series, which is set to premiere its third and final season on June 27, 2025. The trailer spotlights an intense showdown between Gi-hun and the Front Man, including the long-awaited reveal of the Front Man’s identity to Gi-hun. This confrontation is expected to be a central and cerebral battle of ideals.

“Bad people do bad things, but they blame others and go on to live in peace. Good people, on the other hand, beat themselves up about the smallest things.” said the Geumja (a.k.a. Player 149) to Gi-hun. This clip from the trailer also offers a glimpse into the intense and dramatic events that are set to unfold. “Why did you keep me alive? Why did you let me live? ” shouting in desparate after the death of another friend, Seong Gi-hun (Player s4) is still destined to be entangled into the a more hardened, focused state as he confronts both his past failures and the system that created them. The trailer also introduces a new robotic character, Chul-su, adding to the eerie game elements alongside returning figures like Young-hee, the giant girl doll in the Red Light, Green Light game.

Part 2.Plots and Recap of Squid Game

The Squid Game story unfolded in a dystopian mirror of modern South Korea. Gi-hun, a debt-ridden man on the brink of ruin, is lured into a brutal, secret competition with 455 others. The prize: 45.6 billion won. The cost: their lives. The games, designed after childhood playground classics, become deadly trials of trust, betrayal, and moral decay.

Each game strips away a layer of the participants’ humanity. Players forge fleeting alliances, only to betray each other for survival. Gi-hun, initially naive and good-hearted, is gradually forced to compromise his ethics in order to live. His journey parallels the philosophical struggle between existential despair and moral responsibility.

At the heart of it all is the revelation: the game is orchestrated by the ultra-rich, who use the suffering of the poor as a grotesque form of entertainment—a commentary on voyeurism and inequality. When Gi-hun wins, he finds the prize hollow: his debt can be settled but the trusted friends and beloved mother has eternally left this world. Haunted by trauma and loss, he becomes a man consumed not by greed, but by the question: what now?

Haunted and transformed, Gi-hun chooses not to flee to safety but to confront the architects of the Squid Game. Season 2 begins with Gi-hun who once survived the system, now seeking to dismantle it. This shift turns the narrative from survival to resistance.

The story of season 2^nd follows parallel paths: new players trapped in another iteration of the Game, and Gi-hun navigating the shadows to uncover its structure. The emergence of the mysterious Front Man—himself a former winner—brings moral ambiguity to the forefront.

The 2^nd season of Squid Game concludes with a mid-credits scene introducing Cheol-su, a new giant doll, alongside the familiar Young-hee. This hints at an escalated version of the "Red Light, Green Light" game in Season 3, suggesting that the deadly competition will continue. The upcoming season is expected to delve deeper into Gi-hun's quest for redemption and his confrontation with the Front Man.

Part 3.Games Recap – New Games to be Expected in Squid Game Season 3

Previous Games Recap

Games in Season 1

1. Red Light, Green Light

Objective: Players must cross a field but freeze when a giant doll turns to look.

Failure : Death: Anyone caught moving is shot.

Symbolism: The loss of innocence, sudden brutality.

2. Sugar Honeycombs (Dalgona)

Objective: Carve out a shape (circle, triangle, star, or umbrella) from a fragile sugar disc without breaking it.

Failure : Death: A single crack : execution.

Symbolism: The unfairness of life—some shapes are much harder than others.

3. Tug of War

Objective: Teams of 10 pull against each other on high platforms.

Failure : Death: The losing team falls to their death.

Symbolism: Strength vs. strategy, collective survival.

4. Marbles

Objective: In pairs, players play any marble game of choice—winner takes all 20 marbles.

Failure : Death: The loser is shot.

Symbolism: Trust, betrayal, and sacrifice.

5. Glass Stepping Stones

Objective: Players must cross a bridge made of panels—some tempered glass, some normal.

Failure : Death: Stepping on normal glass : fall to death.

Symbolism: Pure chance vs. informed risk.

6. Squid Game

Objective: A traditional Korean playground game, physically aggressive and territorial.

Failure = Death: Final showdown between the last two.

Symbolism: The primal fight for survival and power.

Games in Season 2

1. Red Light Green Light

Objective: Move only when the doll says “green light”; stop instantly at “red light.”
Failure = Death: Anyone caught moving is shot.
Symbolism: Control and surveillance; loss of autonomy under powerful systems.

2. Six-legged Pentathlon

Objective: Teams of five have their legs tied together and must complete a relay of Korean children’s mini-games (Ddakji, Flying Stone, Gong-gi, Spinning Top, Jegi) within five minutes.

Failure = Death: Elimination by event; teamwork failure leads to group deaths.
Symbolism: Forced cooperation in high-stakes systems; interdependence under pressure.

3. Mingle

Objective: Players must quickly form groups matching a called number and enter a corresponding room, or face elimination.
Failure = Death: Lone players are executed.
Symbolism: Social alienation, cliques, and the danger of being “the outsider.”

4. Lights Out

Objective: Similar to the overnight chaos from Season 1, players attack each other in the sleeping area during a blackout.

Failure = Death: Killed in the dark by either traps or others.
Symbolism: Blind fear, hidden threats, and paranoia—what we become when no one is watching.

What Possible New Games Will There be in Season 3

1. Deadly Jump Rope

A new variation of the classic children’s jump rope game is featured prominently in the trailer. This version is made far more dangerous by the presence of giant animatronic dolls (such as Young-hee and possibly Chul-su), and the setup suggests both physical and psychological peril

2. Team Splits by Color Gumballs

Trailers show a massive gumball machine dispensing red and blue balls, which seem to divide players into teams or dictate their fate for the next challenge. This mechanism could lead to new group-based games or force players into unexpected alliances 

3.Team Splits by Color Gumballs

The final trailer shows players navigating a complex maze, which appears to test both their physical abilities and team coordination. The maze is likely to involve strategic alliances and betrayals, with high stakes for those who make the wrong choices

Part 4. Returning Cast and Roles

Squid GameSeason 3 brings back several key characters from previous seasons, along with a solid supporting ensemble. Here are the main returning cast members and their roles:

Part 5. Squid Game 3 Theories

As one of the most anticipated sequels, and Squid Game Season 3 comes with a host of fan theories about what could happen next. After the intense and mind-bending events of Season 2, many viewers are speculating on how the show will evolve. Here are some popular theories:

Gi-hun’s Final Arc

As the story of Squid Game progresses, fan theories surrounding Seong Gi-hun’s fate have taken several intriguing turns. One theory suggests that Gi-hun will rise as a revolutionary force, successfully overthrowing the VIPs and subjecting them to the very games they once orchestrated, thereby delivering poetic justice. Conversely, some fans believe Gi-hun may walk a darker path, ultimately becoming the new Front Man, mirroring the transformation seen in In-ho. However, a compelling hybrid theory proposes that Gi-hun will pretend to align with the system, feigning loyalty as the new Front Man while secretly plotting to dismantle the organization from within—possibly aided by the mysterious Guard No. 11.

Chul-su Brings a New Game

Squid Game Season 3 promises new horrors with the introduction of Chul-su, a new giant animatronic doll set to accompany Young-hee. This addition signals the arrival of fresh and possibly deadlier games. Theories suggest possibilities like a “Jack and Jill”-inspired uphill race, a group jump rope challenge, or an upgraded version of “Red Light, Green Light,” featuring two dolls surveilling from different angles to increase difficulty. Additionally, creator Hwang Dong-hyuk has teased a game based on the Korean version of Red Rover titled “Why Did You Come to My House,” which may be confirmed by the Season 3 poster. Another chilling concept involves a “Trolley Problem” scenario where players must choose between sacrificing a prominent figure (like the pregnant Player 222) or several lesser-known participants, reflecting the series' exploration of ethical dilemmas.

Wall Drawings as Clues (or Not)

Viewers have speculated about the significance of newly observed wall drawings in the players’ dormitory. These illustrations might foreshadow upcoming games, potentially referencing challenges like monkey bars or a massive chessboard—possibly the traditional Korean game Janggi. Others interpret the drawings as symbolic representations of the players’ fates, with the chessboard acting as a metaphorical graveyard, highlighting the calculated and fatal nature of the competition.

Square Guards’ Perspective

While previous seasons delved into the lives of circle and triangle-masked guards, fans now anticipate an exploration of the square-masked manager guards. These higher-ranking enforcers may harbor dissent or conflict, offering a more complex view of the internal structure of the organization. Season 3 could reveal their personal motivations, struggles, and potential cracks forming in their obedience to the system.

Player 246’s Survival

A surprising twist may come in the form of Player 246, previously presumed dead. Behind-the-scenes photos showing the actor in a guard costume have ignited speculation that Guard No. 11 might have saved him. If true, this could lead to a significant revelation or alliance, further complicating the already tangled web of deception and survival.

Global Expansion Theory

A popular Reddit theory hints at the series’ expansion beyond Korea, potentially ending with a scene set in the United States. Here, a recruiter may be seen inviting an American participant into a new version of the games, suggesting that Squid Game is part of a global network of deadly competitions. This could set the stage for an international spinoff or continuation of the franchise, broadening its narrative scope.

Destruction of the Games

One of the most dramatic and widely discussed fan theories envisions the complete destruction of the Squid Game operation. Whether through an internal rebellion, a calculated bombing, or a mass uprising, the games’ annihilation would fulfill Gi-hun’s apparent mission to end the cycle of violence. This climax would deliver a powerful, conclusive end to the series, emphasizing themes of justice, sacrifice, and the human cost of entertainment-driven cruelty.

Conclusion

As the countdown to June 27 begins, one thing is certain—Season 3 is not just the end of a game. It’s the final reckoning of a brutal world built on blood, power, and control. Who will play? Who will win? And who will burn it all down? Just prepare your popcorn and coke to wait for the tense and thrilling story unfolds.

FAQ