After much anticipation, Netflix has delivered all six episodes of Alice in Borderland Season 3. The concluding chapter of Arisu and Usagi’s adventure lived up to expectations, depicting their struggles with lethal games and personal traumas as they strive to escape the horrors of purgatory. True to its nature, the finale was complex and open to interpretation. If you’re puzzled about the ending, here’s a comprehensive breakdown of what transpired.
Alice in Borderland Season 3 Ending Explained

The season opens with Arisu and Usagi appearing blissfully married. However, Usagi’s joy is clouded by disturbing dreams of her father’s suicide. She quickly realizes that answers lie not in reality but in the twisted games of Borderland. Here, Usagi becomes vulnerable, allowing Banda to use her emotions, leveraging Ryuji as his puppet.
Initially, viewers are perplexed as to how Banda is distributing Joker cards to contestants in the real world. The truth? Banda has infiltrated the real world to carry out his plans, meeting Ryuji first. Guilt about a past incident made Ryuji susceptible to manipulation. The driving force behind Banda’s schemes? He desires Arisu to return to Borderland.
To grasp Banda’s motivations, let’s rewind to Alice in Borderland Season 2. Arisu defeated the Queen of Hearts, paving the way for others to return to reality—well, almost everyone. Banda chose to remain in purgatory, knowing he didn’t earn that privilege; it was Arisu who triumphed.
Banda believes that a sharp mind seeks another. Ever cunning, he aims to have Arisu join him in Borderland. He instructs Ryuji to manipulate Usagi, anticipating that Arisu would follow her back to this haunted territory. Banda even planned for Usagi’s demise before Arisu, believing such trauma would anchor Arisu in Borderland forever.
As the plot unfolds, Arisu and Usagi indeed wind up in Borderland and somehow survive multiple games to reunite. Yet, Banda’s expectations are thwarted when Ryuji shifts his allegiance to assist them, leading to his own tragic end.
A Mysterious Man Appears in the Final Episode of Alice in Borderland Season 3
Ultimately, Banda confronts Arisu, revealing his intention for Arisu to remain in purgatory. Undeterred, Arisu refuses, prompting Banda to attack. Just as things take a deadly turn, a laser beam from above claims Banda’s life for losing the game. Enter a mysterious figure who clarifies that the Joker isn’t a real entity but a metaphorical gatekeeper between life and death.
In a dramatic turn, this figure offers Arisu two Joker cards: one for returning to reality, the other to remain in Borderland. Naturally, Arisu chooses to return, where he reunites with Usagi, now awake from her coma. However, the bittersweet moment is overshadowed by news of Ryuji’s death. As Arisu and Usagi share tender moments, their friends Kuina and Chishiya visit him at the hospital.
Alice in Borderland Offers an Ending Similar to Squid Game

Just a while ago, Squid Game concluded with an enigmatic ending, hinting at the spread of its deadly games to America. Could Alice in Borderland carve a similar path? In its final moments, seismic activity alerts viewers worldwide. Could it pave the way for an American version? In an intriguing twist, we see characters in a restaurant in America, one of whom bears the name “Alice.”
This suggests a potential American adaptation, contingent on the performance of Season 3. In the world of streaming, audience reception often drives the decision-making process regarding future projects.
Alice in Borderland Season 3 has captivated audiences with its thought-provoking narrative and thrilling gameplay, blending emotional depth with a gripping storyline. Ready to delve deeper into the conversation surrounding the series? Explore more related content at Moyens I/O.