Netflix has released the Stranger Things 5 Volume 2 trailer, and it flips everything fans thought they knew about the Upside Down.
The second chapter of the final season premieres December 25 at 5 p.m. PT / 8 p.m. ET, with three new episodes arriving on Christmas Day.
In the trailer, a battered Dustin (Gaten Matarazzo) delivers the ominous line: “Everything we have ever assumed about the Upside Down has been dead wrong.”
The footage makes it clear Hawkins is running out of time — and hope. Watch below.

Hawkins Races Against the Clock
Volume 2 picks up with the group scrambling to uncover Hawkins’ darkest secrets.
Will (Noah Schnapp) tells Joyce (Winona Ryder), “We failed. We never stood a chance.” Joyce refuses to accept that, responding, “It’s not over. Not by a long shot.”
The trailer packs in major moments, including a fight-to-the-death pact between Steve (Joe Keery) and Dustin, an electrocuted Demogorgon, and escalating chaos as Vecna closes in.

Will Byers’ Powers Take Center Stage
A major focus of Volume 2 is Will and his growing connection to Vecna and the Upside Down. According to co-creator Ross Duffer, the idea was always to bring the story full circle.
“We’ve always known that Will has a connection to Vecna and the Upside Down,” Duffer told Netflix. “One of the earliest ideas was, ‘What if Will were able to harness this connection and use it against our villains?’”
Duffer added that if anyone was going to be the key to ending Vecna, it had to be Will — the kid who was taken in Season 1.

“We Have Two Elevens”
Gaten Matarazzo teased that Will’s powers will “change the game” for the Hawkins crew, putting them on more even footing against Vecna. Finn Wolfhard summed it up simply: “We have two Elevens.”
The trailer’s final moments show Vecna declaring it’s time for a “new world,” setting up a final showdown that looks darker and more intense than anything before.

Stranger Things 5 Release Schedule
- Episodes 1–4: Streaming now on Netflix
- Volume 2 (Episodes 5–7): December 25 at 5 p.m. PT / 8 p.m. ET
- Series Finale: New Year’s Eve
- All volumes release simultaneously worldwide at the same time
Stranger Things 5 marks the end of Netflix’s flagship sci-fi series, with the final episodes promising answers — and consequences — that have been building since the very beginning.






