‘Squid Game’ Season 3 Finale: Key Questions Answered as the Global Hit Bows Out

The final chapter of Netflix’s global phenomenon Squid Game has officially dropped—and as expected, the conclusion was packed with emotional moments, major plot twists, and a few lingering questions. With the storyline reaching its dramatic climax in Season 3, fans were left stunned by shocking revelations, the return of old faces, and a surprise cameo from Oscar-winner Cate Blanchett.

Here’s a breakdown of the biggest takeaways and answers to the top questions fans have after the finale.

1. What happened to Gi Hun?

The show’s central character, Seong Gi Hun, sacrificed himself to save Jun Hee’s newborn. His final words, “We are not horses. We are humans,” serve as a powerful closing message on the dehumanizing nature of the games. While it marks the end of his journey, the show leaves the door open for future developments.

2. Did the Front Man survive?

Yes. In Ho, also known as the Front Man, survived the events of the final season. He escaped the island with Jun Hee’s baby and was later seen delivering a mysterious box to Gi Hun’s daughter in Los Angeles—hinting that his involvement in the game may not be over.

3. Who is the new Salesman—and what does Cate Blanchett’s character mean?

Cate Blanchett’s surprise appearance in the finale shocked viewers. Seen playing the game of Ddakji in Los Angeles, her character appears to be the new "Salesman"—a role previously used to lure players into the game. Her introduction suggests a possible U.S.-based continuation or spin-off, despite creators confirming this is the last season.

4. What was revealed about the game’s mastermind?

The original mastermind was Oh Il Nam, who died in Season 2. After his death, In Ho took control and continued orchestrating the games until the island was destroyed. While the Korean chapter ends, Blanchett’s appearance hints at a new version of the game overseas.

5. Who survived the final round?

Very few. Among the notable survivors were In Ho, Jun Hee’s baby, and Minggyu (Player 333). Most of the main cast met their end early in the season, with Hyun Ju’s death sparking a tragic domino effect.

6. Did Detective Jun Ho succeed in exposing the game?

Not quite. While Jun Ho escaped with No-Eul, he failed to bring the operation down. He did, however, uncover that Captain Park was the corrupt insider. The show ends with Jun Ho receiving Jun Hee’s baby and a credit card containing the winner’s prize money—indicating unfinished business.

7. What happened to the VIPs?

The masked VIPs—the show's symbol of privilege and corruption—managed to escape justice once again. Their fate remains ambiguous, but scenes of them laughing and sipping drinks while others suffer reinforce the show’s sharp critique of inequality and class division.

8. Are there hidden Easter eggs in Season 3?

Yes, several clues suggest future possibilities. Phrases like “Today it’s me, tomorrow it will be you” and “Beware of people, idiot” offer foreshadowing and thematic depth. The ironic sign “Safety First” in Episode 1 sets the tone for the brutal events that follow.

9. Is this really the end of Squid Game?

Officially, yes. The creators have reiterated that Season 3 is the final installment. However, the storyline introduces enough loose threads—such as Blanchett’s character and the fate of No-Eul and In Ho—to fuel speculation about possible spin-offs or international chapters.

As Squid Game wraps up its intense, thought-provoking narrative, it leaves fans with both closure and curiosity. Whether it’s truly the end or the beginning of a new chapter, the show has undoubtedly cemented its place in the cultural and streaming hall of fame.