AceShowbiz - The new trailer for "Deadpool & Wolverine" is finally here to tide fans over the long-awaited release. After previewed in a teaser shared by Ryan Reynolds one day before, the full trailer made its way out online via the actor's YouTube channel on Monday, April 22.

The trailer depicts Reynolds' Deadpool a.k.a. Wade Wilson and Hugh Jackman's Wolverine a.k.a. Logan as frenemies, just like the actors in real life. They trade banter the moment Deadpool recruits Wolverine to join his cause for the greater good.

Reluctant to help, the seemingly retired superhero fights against and teams up with the titular anti-hero. As with the previous "Deadpool" films, nothing is spared in the action scenes though it will now be released under Disney.

The video also teases an alternate universe plotline and some connections to the wider MCU as Deadpool and Wolverine are seen jumping into a giant portal, like the ones seen in "Doctor Strange" movies. There's also what looks like a giant Ant-Man helmet.

The trailer gives first look at the villain played by Emma Corrin. The actress appears to be playing Cassandra Nova. Toward the end of the video, Wade takes a playful jab at Disney's PG-13 policy when he refuses the temptation to do cocaine. "Cocaine is the one thing that Feige said is off limits," he says, referring to Marvel Studios President Kevin Feige.

Plot details of the third "Deadpool" movie are still kept under wraps, while the logline under the video jokingly reads, "Found the guy who killed Bambi's mom." On Sunday, Reynolds said about Deadpool and Wolverine's reunion for the upcoming movie, "It took seven years and a lot of begging but my Deadpool 2 end credit dreams finally came true...."

"Deadpool & Wolverine", directed by Shawn Levy, is set to open in U.S. theaters on July 26.