Flip Knife | Fade was added to the game on August 14, 2013, alongside "The Arms Deal" update. The skin is available in 11 cases released in 2013-2015.
The blade of the knife is chromed and coated with translucent paints creating gradient transitions. The pattern is made in various shades of purple, pink and yellow. The color ratio depends on the pattern index. The handle remains unpainted.
Float Value of the skin ranges from 0.00 to 0.08, which makes Flip Knife | Fade available only in Factory New and Minimal Wear condition. At levels of wear close to the maximum, the knife has noticeable abrasions located along the cutting edge and on the corner of the blade close to the handle.
The pattern index affects the color ratio of the skin. Flip Knife | Fade with a maximum amount of purple on the tip of the blade and a gradient overlay on the pins (“100% Fade” or “Full Fade”) is considered to be the most valuable pattern variation. The second-rarest pattern variation only slightly differs from “Full Fade” and is titled “99% Fade” (or “fake Full Fade”). Pattern variation where the amount of purple decreases is titled “98% Fade” and is also considered to be valuable.
The quality of Flip Knife | Fade is Covert. The skin has a StatTrak option and belongs to the "Fade" series.
The skin became very popular after the release and remains in demand today.