no no you got the right idea, this is a good metaphore about the series, the squid represents the contestants, trying so hard to survive avoiding the bombs and fish hooks (which are the masked soldiers obviously, duh) while at the same time trying to eat the seaweeds, clams that represent the wongs they try to get to get out of that poisonous life they live where everythings tries to kill them (the ocean, come on), and the time its the time if you think about it, the time they had to perform all this activities to get the wongs and not getting killed. hope you keep doing this awesome analogies about existence itself.