Is Essence Fracture legal in Standard, Modern, and Commander?

Essence Fracture is legal in: Legacy, Vintage, Commander.

What type of card is Essence Fracture?

Essence Fracture is a Sorcery. Its oracle text reads: "Return two target creatures to their owners' hands. Cycling {2}{U} ({2}{U}, Discard this card: Draw a card.) *"Shaping reality is simply a matter of knowing where to apply pressure." —Ixidor, reality sculptor*"