It was developed by High Moon Studios and published by Activision for Microsoft Windows (in digital format only), PlayStation 3, and Xbox 360 in June 2013.

Upon release, the game received mixed reviews, being praised for its humor and plot elements while being critiqued for deficiencies in its gameplay. By the time you're viewing the credits, you'll have had a great ride that doesn't compare to other games.Deadpool reconfigures a Sentinel boot into a flying machine to take him to Magneto's citadel, only to crash into Rogue in mid-air. Two new maps are also added, the GRT Plaza and Inside the Tower to Deadpool Challenge mode, and also two bonus costumes, the D-Pooly and Uncanny X-Force suits only for use in the unlockable Infinite mode where stats are tracked on a global leaderboard. High Moon Studios showed an early demo of the video game to journalists at Gamescom 2012, where the game earned a nomination for Best of Show.

But what makes this game a 7 and not an 8 is because it's only about 8 hours long and after that there's only the challenge maps and after that nothing. They appreciated its unique fourth-wall breaking gameplay sequences, but said that "Unfortunately, those points are few and far between. Edge said, "while we'll accept that Deadpool the character is an acquired taste, this is an indisputably poor game, one whose knowing winks and quips come off not as metacommentary but as tacit apologia for its litany of specific failings". Prior to the game's release, the lead designer of the game revealed the basics of the plot in an interview with IGN, saying Deadpool has taken over the studio and is in charge of the game's development. Cable convinces Deadpool to help by telling him that his favorite taco restaurant will be destroyed along with the rest of the world if Sinister is not stopped.Activision no longer had a right to make downloadable content, trading cards, and patches to the game. The pair land in an abandoned mutant prison where Blockbuster kidnaps Rogue, prompting Deadpool to try and save her while planning to seduce her. The game frequently breaks the fourth wall by having Deadpool verbally interact with the player based on their skill and progress.

Coming back to life, Deadpool finds himself in Genosha's catacombs, where he must help Cable kill Sinister's soldiers before going on a spirit quest to retrieve the souls for death. Of course, the action is as standard as can be and often done better, but the sense of humor is so perfect, that you'll actually suspect Deadpool himself to have developed the game. While we’ll accept that Deadpool the character is an acquired taste, this is an indisputably poor game, one whose knowing winks and quips come off not as metacommentary but as tacit apologia for its litany of specific failings.It is unknown how Activision reacquired the rights to re-publish Deadpool, but it is believed that the re-release was timed to help promote the then-upcoming Deadpool feature film, released a few months after the next-gen version of the game. High Moon Studios announced a "watch and win" sweepstakes that ran during the Spike Video Game Awards, which aired on December 8, 2012. As the credits roll, Deadpool is thrilled with how great his game is and talks to High Moon's representative Peter Della Penna, who admits that he did not really blow their budget. Written by Daniel Way, the game's story follows Deadpool as he joins forces with the X-Men and Cable to thwart Mister Sinister's latest scheme, getting into numerous comedic adventures along the way.

Better to take it as an unvarnished comedy, then, because Deadpool self-destructs when you read so deeply (and madly? After Cable explains that a security tower is broadcasting a signal to keep the X-Men unconscious, Deadpool infiltrates it and discovers Sinister wired into it. Similarly to other media featuring the character, the game includes self-referential humor and numerous fourth wall breaks.I would like to know if I purchase either the ps3 or ps4 disc version of deadpool it will work on my PS5? The X-Men arrive to help, but Sinister easily overpowers them, only to be crushed by Deadpool's Sentinel boot. Digital Spy said it was "far from a bad game, yet the developers' over-reliance on the appeal of the source material means it rarely shoots for the stars". All digital copies of all Marvel/Activision games, including X-Men: Destiny and Spider-Man: Shattered Dimensions, were removed from Steam, Xbox Live, and PlayStation Network, due to an expired contract between Marvel Studios and Activision.