‘Squid Game’ Season 2 Concludes with Cliffhanger, Season 3 Set for 2025

The second season of Netflix's hit show leaves major questions unanswered as fans await the final chapter next year.

Season 2 of ‘Squid Game’ ends on an unresolved note, with major storylines left open for the third and final season in 2025.
Key revelations include the Front Man's deeper involvement in the games, posing as Player 001, and a potential familial link to former Player 001, Oh Il-nam.
The season explores protagonist Seong Gi-hun’s rebellion against the game's organizers, though his mission remains incomplete after personal losses and setbacks.
A subplot introduces Captain Park, whose true motives complicate Detective Jun-ho’s investigation into the games’ operations.
Director Hwang Dong-hyuk confirms that Seasons 2 and 3 were conceived as a single narrative arc, with Season 3 promising to focus on Gi-hun’s moral and strategic crossroads.