Squid Game 3 (2025) continues the harrowing journey of Seong Gi-hun, who is forcefully pulled back into the games after the rebellion in Season 2 fails. Haunted by the loss of his allies and the betrayal he witnessed, Gi-hun is emotionally broken but finds himself in a new round of deadly challenges orchestrated by the cold and calculating Front Man, In-ho. Meanwhile, Jun-ho, In-ho’s brother, survives and continues his secret investigation into the origins and global connections of the Squid Game.
This season introduces a more brutal series of childhood-themed games, pushing contestants to the edge of sanity. As the players face terrifying versions of “Hide and Seek,” “Deadly Jump Rope,” and “Sky Squid Game,” Gi-hun forms a fragile alliance with a young mother named Jun-hee and a mysterious player named Geum-ja. The stakes rise when Jun-hee gives birth during the games, forcing Gi-hun to protect both her and the baby, who is shockingly designated as Player 222.
In a heartbreaking climax, Gi-hun carries the baby through the final challenge but fails to save Jun-hee, who succumbs to her injuries. After defeating his rival Myung-gi, Gi-hun discovers that the baby is now the winner of the Squid Game. Choosing compassion over survival, Gi-hun sacrifices himself, ensuring the infant’s safety. The shocking act disrupts the VIPs’ twisted expectations and leads In-ho to destroy the island and erase all traces of the Korean game.
Months later, In-ho anonymously delivers the baby and Gi-hun’s winnings to his daughter in Los Angeles. Just as peace seems possible, a chilling twist unfolds: a new recruiter—played by Cate Blanchett in disguise—approaches American civilians, hinting at the expansion of Squid Game worldwide. The season ends with a haunting message: the game never truly ends, it just changes location.