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Punishing: Gray Raven 6th Anniversary Special Preview Livestream Guide: Banners, Rewards & More

Ashi Prasadi
|2025-11-02

Commandants, the Punishing: Gray Raven 6th Anniversary Special Preview Livestream has officially wrapped up with exciting details for the upcoming Where Nightmares Dwell patch launching November 13, 2025. Wanna know what is new that comes in? This guide breaks down everything you need to know: from new rewards, new S-Rank unit, banners, free skins, events, story updates and more, let’s see what the game is up to.

Punishing: Gray Raven 6th Anniversary

Livestream Schedule Recap

This is how the Punishing: Gray Raven 6th Anniversary live stream has wrapped up:

  • Date & Time: November 1, 2025, at 11:00 UTC (lasted about 1.5 hours).

  • Where to Watch: You can have a re-watch from the official YouTube VOD.

Livestream Schedule Recap

Active Redeem Codes from Livestream

There is a new redeem code launched from the live stream and you can claim it immediately in-game (Menu > Settings > Other > Redeem Code) or via official site. There, by claiming, you will be able to collect 10x memory shards, 3x black cards along with some other supplies too. Since codes expire very soon, it is better to redeem them as soon as you can.

New Characters and Banners 

Punishing: Gray Raven 6th anniversary live stream previewed a brand-new S-Rank unit named Liv: Limpidity joining the lineup of Punishing Gray Raven tier list. She’s a Lightning-type attacker and part of the Omniframe class. Her banner starts on November 13, and she’s known for delivering strong burst damage. If you’re building a Lightning team, she’s definitely a top pick to go for.

New Characters and Banners 

The basic banner is also getting a reset, switching its pity system to Bianca. This is great news for new or low-spending players since it makes it easier to grab key meta characters without burning too many resources.

In addition to that, looking ahead to December, you can expect anniversary banners with exciting options. These may include selector-style events or 100% rate-up banners after the sync update, along with possible weapon banner resets to match the celebration.

Free Skins & New Coatings

Anniversary also came with a new free skin SFX Luna. You can obtain it through event, and you don’t need to rely on pulls.

And also, there will be new coatings as:

Construct

Coating Theme

Ishmael

Anniversary

Luna

Anniversary

Bianca

Anniversary

Vera

Anniversary

Nanami

Anniversary

Alpha

Anniversary

Free Skins & New Coatings

Events and Rewards

We will get some iconic events and rewards with the new launch too:

  • Mario Kart Racing Event: You’ll get to enjoy a fun Mario Kart-style racing event where you can compete on tracks and earn rewards such as Black Cards and character shards. It’s a lighthearted event that still gives you useful items for progression.

Events and Rewards

  • Co-op Mode Rerun: The popular Co-op Mode is also making a comeback. You can team up with other players to take down bosses or complete limited-time missions together, making it both challenging and rewarding.

Events and Rewards

  • A New Open World Area: Another major update is the addition of Explorable Babylonia, a new open-world area where you can farm materials, explore hidden spots, and uncover more lore. It’s a great way to enjoy a break from regular battles while still collecting valuable resources.

Events and Rewards

December anniversary rewards are included with:

Reward

How to Get

6th Anniv. Portrait

Event/Login

Collectible

Event

Commemorative Memory

Event

Operational Summary

Review past battles

Major Updates: Story Overhaul and Quality of Life Changes

With the new update, the story mode is getting a full overhaul, making it smoother and easier to play. Older chapters will no longer need Serum, which means you can replay or catch up on the story without worrying about energy limits. The overall narrative has also been refreshed for better pacing and a more engaging flow, especially for new players.

A powerful new boss named Melinoe is also being introduced, offering tougher battles for those who enjoy endgame challenges and want to test their builds.

Major Updates

Advice for Players

  1. Start Saving Now – You can collect around 180 free pulls from logins and events before November 13. Make sure to stack them up if you plan to summon the new characters.

  2. Skip the Banner If Needed – If you already have a strong Lightning DPS setup, such as a Vera team, you can safely skip this banner and save your resources for upcoming ones.

  3. Grab the Free Luna Skin – Don’t miss the free Luna skin and coatings. They’re easy to get and instantly make your collection look more complete.

  4. Prepare Ahead – Use your time to max out War Zone and Dual Trials so you can save stamina and materials for the new content.

People Also Ask 

Should F2P skip the Liv banner and save everything for December?

Yes, unless Lightning content blocks you because December offers pity resets and selectors for meta staples like Lucia or Lee.

What's the signature weapon for Liv: Limpidity and is it worth chasing?

Limpid Echo is the signature weapon and it boosts her burst by 30%+. Make sure to chase it only after unit via 10-pull weapon banner for optimal damage spikes.

Can I play the new Babylonia area solo or is co-op required?

It is fully solo-friendly with adjustable difficulty; co-op unlocks bonus loot multipliers for faster clears.

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Punishing: Gray Raven 6th Anniversary Special Preview Livestream Guide: Banners, Rewards & More

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Conclusion

That is all for the Punishing Gray Raven 6th anniversary live stream guide. You can see there is ton of new features and rewards to be collected so don’t miss your chance. See what you are getting with this guide, and get prepared for everything.

More from Punishing Gray Raven:

Ashi Prasadi
|
Senior Content Writer

I’ve spent over 6 years exploring MMO, RPG, and Simulation games, breaking down complex mechanics to create guides that make gaming easier and more fun. I am a 24 year old computer science student who love studying computer systems, design patterns, and numerical planning in games as those are my field. Beyond that, I enjoy photography and cinematography in general. For me, sharing knowledge is as rewarding as playing itself