In November 2023, Netflix debuted Squid Game: The Challenge, the streamer's unsettling, soulless IP grab that borrows the aesthetics from the mega-hit K-drama while bastardizing its original themes. To build a non-lethal version of Squid Game, the reality show concocted a competition mixing events from the drama with intense gameplay twists and a Big Brother-style focus on individual players, all of whom seemingly scheme and betray each other for a chance at the $4.56 million prize. Despite its mixed reception from critics and allegations of "inhumane" working conditions, the compulsively watchable show charted in Netflix's Top 10 for five weeks, and a second season renewal was announced a month after its premiere.
Now, less than a month after the end of the original Squid Game, Netflix is ready to restart the game once more. Not only is the streamer all in on Challenge, it's also hinted at plans to continue the Squid Game franchise. Here's what we know about Squid Game: The Challenge season 2 so far.
Mother-son duo Trey and LeAnn play Marbles in season 1.
When will 'Squid Game: The Challenge' season 2 be released?
Netflix has confirmed that Squid Game: The Challenge season 2 will premiere on November 4, 2025. The new season will begin nearly two years to the day after the first Challenge, and five months after Squid Game's series finale. The episodes will air over three weeks, leading up to the season finale on November 18.
Though Netflix hasn't confirmed the breakdown of episodes, for season 1, the competition dropped its first five episodes on November 22, 2023, followed by four episodes on November 29 and the finale on December 6.
Is there a trailer for 'Squid Game: The Challenge' season 2?
Netflix released the official trailer for Squid Game: The Challenge on October 16, two weeks ahead of season 2's debut. Some of the brutal games from Squid Game season 2 are featured, including the Mingle and the Six-Legged Pentathlon (given a global refresh as a player struggles to build a pyramid of playing cards), along with new, original challenges. (Also, the players are wearing X and O patches, so we'll have to see how the reality show works in season 2's voting.)
In addition to teasing the games, the trailer focuses on some standout moments of cutthroat social deception, including one man gaining sympathy with a lie that he's expecting a child. As the trailer says, "Why make friends when you can make millions?
Mai Whelan wins the first season of Squid Game: The Challenge.
Will there be a 'Squid Game: The Challenge' season 3?
Even with the mixed response to Squid Game season 3, Netflix is keeping its most popular franchise alive. The streamer has already begun casting for Squid Game: The Challenge season 3, announcing the news ahead of season 2 in July 2025. It's unknown which games will be played in the new season (or how the reality series will continue once it uses all the games from the original series), but another season of desperate people fighting each other for fortune and fame is guaranteed
Speaking of, rumors are still swirling around Cate Blanchett's cameo in the season 3 finale, and a possible English-language spinoff, dubbed Squid Game: USA. Netflix has not yet confirmed whether an American Squid Game is on the way, but odds are the streamer is at least considering it, depending on the success of both season 3 and season 2 of Challenge.