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Nine years, five months, and sixteen days prior, Netflix introduced streaming audiences to Stranger Things, a nostalgic Stephen King-inspired series starring Winona Ryder and a group of previously unknown child actors. Today, those actors are stars in their own right, and Stranger Things has evolved from a niche sci-fi show into a cultural phenomenon.

Yet all good things must come to an end, and we’ve long known this series would conclude in 2025. What came as a surprise, though, was the release schedule: , with the finale dropping — — in the final moments of New Year’s Eve.

Now that Stranger Things has wrapped up and all is said and done, how did events unfold? How was Vecna defeated? Most crucially, who survived to tell the tale? Here’s everything you need to know about the epic two-hour finale, “The Rightside Up.”

Warning! Spoilers for the Stranger Things series finale ahead!

The final plan to defeat Vecna uses the WSQK radio tower as a “beanstalk” to reach the Abyss. | Netflix

How was Vecna defeated?

Most of these answers emerged in the first half of the episode. The complex plan to take down Vecna by venturing into the Abyss proceeded roughly as intended, though a few snags required a last-second distraction from Murray and led to Kali’s death. Will learned what viewers of Stranger Things: The First Shadow have always known: Henry Creel was transformed into Vecna, yet even so, Henry aligned with Vecna’s worldview.

The Mind Flayer was roused, and Vecna and Eleven clashed within it. For a moment, things looked hopeless, but Will’s newly discovered psychic abilities turned the tide for the Hawkins crew. In the end, though, Joyce delivered the final blow.

With Vecna vanquished, only one other part of the plan remained—and it was far simpler: detonate a bomb to destroy the Upside Down once and for all. Eleven pulled Mike into her mind to bid a final farewell, then she was swept away along with the rest of the interdimensional bridge.

Stranger Things Finale, Time Jump, Explained

Eighteen months later, everyone is gearing up for the Class of ’89 graduation: Mike, Will, Lucas, Max, and Dustin are set to graduate, Steve now works as a coach and teacher in Hawkins, Robin’s back from Smith College, Jonathan’s returned from NYU, and Nancy left Emerson to pursue a career in journalism.

Eleven appears to sacrifice herself when the Upside Down is destroyed. | Netflix

After the graduation ceremony, all the teens gather in Mike’s basement for one final game, where they manage to summon a mage to help defeat the remaining evil. Mike’s narration about the D&D characters also hints at the players’ futures: Max and Lucas grow closer, Dustin leaves to study in vast libraries, Will moves to a big city and finds community, and Mike keeps telling stories throughout college.

Naturally, Eleven’s absence is palpable, but Mike has a theory about how she might have survived—by making a pact with the dying Kali. “Together, the sisters devised a plan, a plan to protect the mage from the Order of the Black Hand, who remained hell-bent on stealing her powers,” he said. “So in order to trick them, she had to make everyone, including her friends, believe that she was dead. And so the sister cast a spell from far away. Safe from the power of the suppression stone. A spell of invisibility.”

Essentially, Kali snuck Eleven out at the eleventh hour and created an illusion of her so she could disappear without a trace. Mike doesn’t know if his theory is true, but we do see Eleven—whether in reality or in Mike’s mind—climb a cliffside and gaze over three waterfalls, just as they discussed.

Eventually, everyone stores their Dungeons & Dragons binders on the shelf, and before Mike leaves the basement, he watches Holly and her friends (including Derek) eagerly sit down to start their own campaign.

Set to the strains of David Bowie’s “Heroes,” that’s how all five seasons of Stranger Things come to an end. While some questions were answered, plenty of open-ended moments remain up to interpretation. Thankfully, it’s no Game of Thrones finale—but now that it’s over, it’s hard not to feel like the two hours lacked surprises. For a show defined by its twists, the Stranger Things finale felt remarkably formulaic.

The Stranger Things series finale is now playing on Netflix and in theaters.