Is Dismal Failure legal in Standard, Modern, and Commander?

Dismal Failure is legal in: Modern, Legacy, Vintage, Commander.

Dismal Failure

Q: What type of card is Dismal Failure?

Dismal Failure is an Instant. Its oracle text reads: "Counter target spell. Its controller discards a card. *"Two magi could trade spells all day and never crown a victor. The real battle is not one of power but of will. If your confidence breaks, so too shall you." —Venser*"

Instant

Counter target spell. Its controller discards a card.

*"Two magi could trade spells all day and never crown a victor. The real battle is not one of power but of will. If your confidence breaks, so too shall you."

—Venser*

Set Planar Chaos

Rarity Uncommon

Mana Value 4

Artist Dan Murayama Scott

Collector # 39

Scryfall