Everything has an end, and Squid Game has reached its own. The hit Korean series that took Netflix by storm from its very first season has now released its final installment this past Friday. However, the last episode left viewers with more questions than answers, raising speculation about a possible continuation. But… could it really happen? Here’s everything we know about season 4 of Squid Game.
Will There Be a Season 4 of Squid Game?
Netflix has confirmed that this was the final season of the series, meaning Squid Game will not return for a season 4. Still, the conclusion of Season 3 left many unanswered questions—and with them, the hope for more.
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In the final episode, the story jumps forward a few days and shifts its setting: we’re no longer in South Korea, but in the United States, where Gi-hun’s daughter lives. It’s there that The Front Man appears to hand over the money that belonged to her late father. Meanwhile, the baby born during the games is left in the care of Detective Hwang Jun-ho.
Everything seemed to point to the end of this cycle of horror… until a familiar sound breaks the apparent calm on a random street: the distinctive slap of the ddakji game echoes once again. As The Front Man heads back, he rolls down his car window and watches closely as a mysterious woman slaps a potential new player during recruitment. To everyone’s surprise, the woman is none other than actress Cate Blanchett—revealing a disturbing truth: the games never ended.
This final scene and Blanchett’s appearance sparked hope for a fourth season. However, based on Netflix’s statement, it’s clear this won’t happen. What is possible, though, is a spin-off. In fact, series creator Hwang Dong-hyuk has revealed that discussions are already underway to develop one, potentially expanding the Squid Game universe in unexpected ways.
What Is Squid Game Season 3 About?
The story picks up exactly where Season 2 left off: Seong Gi-hun has been captured by the guards after leading a rebellion in an attempt to confront The Front Man and end the gruesome games once and for all. As punishment, he’s returned to the room with the other contestants. But rather than ending, the deadly challenges continue—now even more brutal and inhumane.
One by one, the players begin to fall. Amid the horror and desperation, player 222, Kim Jun-hee, gives birth to her daughter. From that moment on, both she and Gi-hun will do whatever it takes to protect the infant in an environment so merciless that even a newborn isn’t safe.
Meanwhile, Detective Hwang Jun-ho—The Front Man’s brother—finally infiltrates the island where the games take place. Before arriving, he discovers that Captain Park has been leaking information. Once alerted, The Front Man orders an immediate evacuation and activates the island’s self-destruction system. As the detective enters the facility, he comes face to face with his brother, who chooses to flee with the baby. Before Jun-ho can stop anyone, the island explodes, wiping out all traces of the games and cloaking everything in mystery.
Who Wins Squid Game Season 3?
The winner is the newborn daughter of Kim Jun-hee. After her mother’s death, she is protected by Seong Gi-hun, as everyone else wanted her eliminated. In the end, Gi-hun sacrifices himself and ensures the victory goes to the baby.
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Who Are the VIPs in Squid Game?
In the twisted world of Squid Game, the VIPs represent the darkest side of power and wealth. This exclusive group of billionaires has secretly supported the games for over thirty years, discreetly funding all 33 editions. They were clients of the elderly Oh Il-nam, the mastermind behind the tournament, with whom they share a deeply warped idea of entertainment.
When the competition reaches its final stages, the VIPs don’t just watch from a distance—they travel to the island to witness the brutality firsthand. Their identities are hidden behind extravagant golden masks shaped like animals, a symbol of both their privilege and their moral detachment. Their anonymity isn’t just for vanity—it guarantees total impunity.
Far from being mere spectators, these men place enormous bets on life-and-death outcomes, treating the players like pawns in a bloody casino. They revel in the suffering, savoring each moment as if it were an exclusive performance. The VIPs are not only the embodiment of absolute corruption but also the driving force that keeps the sinister game alive.
