The Ladybug is a keychain-sized folding knife with a blade lock that delivers cutting performance far beyond expectations. This flagship version of the Ladybug takes performance to the next level with a blade crafted from CPM SPY27 steel. Exclusive to Spyderco, this powder metallurgy stainless steel, manufactured in the USA, offers an incredible balance of properties. This knife's flat-edge blade takes full advantage of these qualities and showcases them with a robust rear locking mechanism and a cobalt blue fiberglass-reinforced nylon (FRN) handle with a two-way grip texture.