Squid Game: The Challenge season 2 has officially been greenlit by Netflix. The reality competition show is a spin-off of the hit Korean drama Squid Game, which was released on the streaming service back in 2021. Squid Game season 2 is already in the works, with the cast list having been announced in June. The reality show version works similarly to the scripted series: hundreds of people compete against each other in a series of challenges to win $4.56 million. On the drama, the players are killed if they fail a challenge. Obviously, nothing that horrendous happens on the reality show.