A determined and adventurous young woman who willingly immerses herself in the magical game of Caraval. Driven by a desire to find her missing mother, she must carefully work her way through the dangerous illusions of the game while attempting to pay off a debt to a mysterious correspondent. She struggles to accept love and maintains a fiercely independent spirit.

Donatella's older sister who survived the previous Caraval game. Scarlet acts primarily as a caregiver and protector, preferring a quiet life to magical adventures. Despite her hesitation, she travels to the capital city to support her sister, though she remains highly skeptical of the performers and their illusions.

A mysterious Caraval performer with bronzed skin and a black rose tattoo on his hand. He repeatedly appears to guide and protect Donatella during her time in Valenda. Though he insists the current game is highly dangerous, his warnings are often met with skepticism by the fiercely independent Donatella.

The heir to Empress Elantine's throne. He initially presents as an untidy, arrogant nobleman who has spent centuries practicing disinterest. He crosses paths with Donatella on her journey to the palace, leading to a contentious dynamic and a fake engagement that complicates her participation in Caraval.

The 75-year-old ruler of the Empire who is celebrating her birthday with the Caraval festivities. Though she holds immense power, she acts in a surprisingly motherly and gracious manner toward her guests. She possesses keen insight and discreetly guides Donatella with information about her family's past.

A Caraval performer and Scarlet's boyfriend. He encourages the sisters to travel to Valenda for the new game. Though he cares deeply for Scarlet, his ties to the magical performance leave Donatella questioning his full motives.

Donatella and Scarlet's missing mother. In Donatella's memories, she was a gentle woman who occasionally allowed minor misbehavior. Her disappearance seven years ago serves as the primary catalyst for Donatella's desperate quest through the game of Caraval.

Legend's fortune-teller who travels with the Caraval troupe. He possesses genuine predictive abilities and extracts unusual payment for his services, demanding days of sleep in exchange for cryptic but crucial information about the future.

One of Legend's actors who previously disguised himself as Count d'Arcy during the first Caraval. He remains deeply committed to the roles assigned to him by his master, operating as a fortune reader during the new game in Valenda.

A seamstress who runs Minerva's ModernWears. She provides exquisite costumes for Caraval participants and becomes noticeably nervous when Donatella selects a highly controversial outfit for the festivities.

A Caraval performer working as a shop proprietor in the Spice District. She trades valuable information for irreplaceable personal memories, possessing deep knowledge of Valenda's historical outlaws.

A guardian and acolyte at the Temple of the Stars. He wears a ring identical to the one owned by Donatella's mother and oversees the entry tests required to access the temple's hidden vaults.

The enigmatic and highly powerful master of Caraval. He operates entirely behind the scenes, orchestrating the magical performances and challenging the participants to discern reality from his elaborate illusions.