Is Cloudskate legal in Standard, Modern, and Commander?

Cloudskate is legal in: Legacy, Vintage, Commander, Pauper.

Cloudskate

Q: What type of card is Cloudskate?

Cloudskate is a Creature — Illusion. Its oracle text reads: "Flying Fading 3 (This creature enters with three fade counters on it. At the beginning of your upkeep, remove a fade counter from it. If you can't, sacrifice it.)"

Creature — Illusion

Flying

Fading 3 (This creature enters with three fade counters on it. At the beginning of your upkeep, remove a fade counter from it. If you can't, sacrifice it.)

Set Nemesis

Rarity Common

Mana Value 2

Artist Carl Critchlow

Collector # 29

Scryfall Gatherer