Perla Figuereo just changed her life forever. The Squid Game: The Challenge Season 2 champion claimed the massive $4.56 million prize on November 18, 2025. Netflix’s biggest reality competition show delivered an explosive finale. 455 players were eliminated to crown one ultimate winner.
🔥 Quick Facts:
- Perla Figuereo (Player 72) won the $4.56 million grand prize
- The Season 2 finale aired on November 18 on Netflix
- Only 5 finalists remained competing for the prize
- Season 2 premiered with 456 players on November 4, 2025
- This was one of the largest prize pool finishes in Netflix reality competition history
What Happened in the Dramatic Finale
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Perla Figuereo emerged victorious against four other elite competitors. The final showdown featured Steven (183), Trinity (398), Vanessa (17), and Dajah (302) battling for supremacy. Each player brought unique strategy and determination to win.
The contestants faced their most intense challenges yet. Physical tests pushed them to their absolute limits. Mental games demanded sharp thinking under extreme pressure. The stakes? A life-changing $4.56 million payday awaiting the victor alone.
“In this reality competition show inspired by Squid Game, 456 players put their skills to the ultimate test for a life-changing $4.56 million prize.”
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Perla’s victory marks an incredible milestone for Netflix streaming dominance. The show combined international appeal with high-stakes drama. Viewers worldwide tuned in daily for each elimination episode.
Why This Win Matters for Streaming Entertainment
Squid Game: The Challenge represents a new era of reality TV. The show blends fictional tension with real human competition. Fans finally got to see if ordinary people could survive the iconic games.
Perla’s win gives Netflix another cultural victory in 2025. The platform continues dominating reality competition viewership globally. Streaming audiences increasingly prefer authentic human drama over traditional scripted content.
International player diversity drove massive engagement numbers. Audiences rooted for players from dozens of countries. Language barriers didn’t stop fans worldwide from connecting emotionally.
The $4.56 million prize fundamentally changed streaming competition norms. Networks previously avoided such enormous payouts on reality shows. Netflix set a bold new standard that competitors must now match or exceed.
Season 2 Finale Details and Contestant Breakdown
The Season 2 journey started with 456 international players competing across multiple episodes. Each elimination reduced the field through strategic gameplay. The finale featured the absolute best survivors who adapted and dominated.
| Finalist Details | Player Number | Status |
|---|---|---|
| Perla Figuereo | 72 | WINNER – $4.56M |
| Steven Jones | 183 | Finalist |
| Trinity Parriman | 398 | Self-Eliminated |
| Vanessa Clements | 17 | Finalist |
| Dajah Graham | 302 | Finalist |
The competition format tested both physical endurance and psychological resilience. Players faced freezing conditions, heights, and strategy-based challenges. Each game eliminated dozens at a time until only Perla remained standing.
Perla demonstrated adaptability across all challenge types. She excelled at both strength tests and puzzle-solving games. Her calm demeanor under pressure separated her from other finalists. She also competed alongside her brother Jeffrey (Player 283), who was eliminated earlier in the competition.
The Final Game: Red Light, Green Light
The season came full circle with the iconic Red Light, Green Light game as the finale. This was a twist from previous seasons where this game opened the competition. This time, the remaining players had to race to cross the finish line while avoiding detection by the giant electronic doll named Younghee.
In a dramatic moment, Trinity (Player 398) self-eliminated during the dinner party challenge, allowing all other finalists to advance. Vanessa was eliminated early in Red Light, Green Light. Dajah suffered an ankle injury during the game and had to withdraw, leaving Perla as the last player standing to claim victory.
What To Watch For in Squid Game: The Challenge Universe
Netflix has already confirmed Season 3 is in development. The streaming giant clearly views this as a flagship franchise. International expansion opportunities remain untapped in the reality competition market.
- Will Season 3 increase the prize pool to compete with international tournaments?
- Expect spin-off formats featuring celebrity competitors in 2026
- Regional versions for European and Asian markets are likely coming
- Documentary specials about finalist journeys will drop on Netflix soon
- Perla’s victory opens doors for diverse winners changing entertainment narratives
Fan engagement metrics prove the format works globally. Netflix streamers showed unprecedented appetite for long-form reality competition. This validates their investment in the Squid Game universe expansion.
Did Perla’s Win Change Reality TV Forever?
Perla Figuereo’s historic $4.56 million victory just redefined reality competition standards. Traditional networks must now explain why their prizes seem tiny by comparison. The entertainment landscape shifted dramatically on November 18, 2025.
Her win proves that real people competing authentically generates massive viewership. Audiences crave genuine human drama over manufactured scenarios. Netflix capitalized on this preference brilliantly with Squid Game: The Challenge.
Future reality shows will face pressure to match these prize levels. Networks can’t compete on production value alone anymore. The highest stakes now dominate audience attention and cultural conversations.
Perla becomes only the second person to win this life-changing prize, following Season 1 winner Mai Whelan. Both winners have secured their place in reality TV history.
Will you watch Season 3 when it launches? Start streaming Season 2 if you missed the journey. Perla’s incredible run proves that life-changing moments happen when the best compete globally on television’s biggest stage.
Sources
- Netflix Official – Squid Game: The Challenge Season 2 finale aired November 18, 2025
- Parade Entertainment – Perla Figuereo winner profile and prize details
- TVLine – Season 2 finale recap and winner announcement
- The Wrap – Comprehensive finale coverage and contestant details
Jessica Morrison is a seasoned entertainment writer with over a decade of experience covering television, film, and pop culture. After earning a degree in journalism from New York University, she worked as a freelance writer for various entertainment magazines before joining red94.net. Her expertise lies in analyzing television series, from groundbreaking dramas to light-hearted comedies, and she often provides in-depth reviews and industry insights. Outside of writing, Jessica is an avid film buff and enjoys discovering new indie movies at local festivals.