
Ah, the Meerkat and its magical Phantom Lock… Ah ah ah!
This one takes me straight back to 2002. Back to the Future, Spyderco style.
The Meerkat is one of those knives that seems to have been designed for a single purpose: making knife enthusiasts scratch their heads.
First impression? This is a very small knife. Even compared to the Chaparral.

Naturally, I slipped it into my fifth pocket, where it fits absolutely perfectly. In fact, it feels like it was designed for that role.

The second thing you notice is that this little oddball is set up for tip-down carry, just like the mighty Spyderco Military. And yes, you can still perform the classic Spyderco Drop without any issue.

In hand, the Meerkat feels like a stout little worker. The action is firm, the lock-up is rock solid, and despite its compact size, there is nothing delicate about it. Everything feels purposeful and surprisingly robust.
Then comes the Phantom Lock.
You hand the knife to another knife enthusiast and watch the show begin. They open it. They admire it.
Then they try to close it.
Confusion follows.
That’s when the owner starts smiling.

More than twenty years later, the Phantom Lock remains one of the cleverest and most entertaining locking mechanisms Spyderco has ever produced. It’s practical, it’s secure, and above all, it’s pure Spyderco: innovative, unconventional, and just a little bit crazy. 😄

Sliding the scale to unlock the blade.
Yep, some knives are designed to sell with some tactical bells and whistles.
Others are designed to impress for their cleverness.
The Meerkat never became a mainstream Spyderco classic. It was too small for tactical enthusiasts, too weird for traditionalists, and too clever for its own good. Yet more than twenty years later, Spyderco decided to bring it back as a Sprint Run equipped with CPM-SPY27 steel and cobalt blue FRN scales.

And honestly?
I’m so glad they did !
Because the Meerkat was a knife from the future, designed twenty years ago.
And it is cute !

No, really, it remains one of the most futuristic designs ever released by Spyderco.
At first glance, it looks like a tiny leaf-shaped folder with a humpback silhouette and a blade barely longer than your thumb.
Full Flat Grind, the Spyderco Signature, deep carry clip
Then you discover the lock.
The famous Phantom Lock.
Unlike a traditional back lock, the Meerkat closes by slightly twisting the handle scales in opposite directions. The mechanism releases almost magically, making the knife feel more like a gadget from a science-fiction movie than a conventional EDC your grand’pa would have chosen in a gun show.. Even today, very few production knives offer anything remotely similar.
Sal Glesser is an inventor. He loves his craft. I still can hear his laugh when I have handing a Meerkat to a knife enthusiast, the reaction is the same: “Wait… how do you close this thing?”

Mission accomplished ! (Look at the scale ! )
The Meerkat carries its fully flat-ground blade measuring just over 5 cm (2inches). On paper, that sounds ridiculously small.
In practice, it slices like a miniature lightlaser.

Spyderco’s leaf-shaped blade profile has always been one of the most efficient cutting geometries in the business. Give it a thin full-flat grind and suddenly this tiny folder starts behaving like a much larger knife.
Opening parcels. Food prep. Sharing a fruit. Breaking down cardboard. Removing parcel. Protect your family against enraged bear attacks.
You name it.
The Meerkat will perform all of these tasks with surprising authority.
The blade disappears in any pockets with its deep tip down carry system.

This Sprint Run upgrades the original steel to CPM-SPY27, Spyderco’s proprietary powder metallurgy stainless steel developed with Crucible. The goal was simple: create a steel offering a balance of edge retention, toughness, corrosion resistance and ease of sharpening.

I’ve not used enough SPY27 on larger folders like a Bodacious or a Manix 2 XL to fully explore its limits, but I do understand what Spyderco was trying to achieve with what I often call their “powder metallurgy VG-10.”
My own experience with SPY27 comes mainly from a UKPK that I have nicknamed The Golden Child.
What I’ve discovered is this: SPY27 doesn’t try to win steel competitions. It simply works.
The edge stays keen for a long time, corrosion resistance is excellent, and maintenance remains refreshingly easy compared to some modern “super steels.” Much like Magnacut, SPY27 seems to love a leather strop. A few passes are often enough to bring back that crisp, shaving-sharp edge.
Many users compare its overall performance to S35VN, appreciating how straightforward it is to touch up. Perhaps they’re right. Personally, I don’t really care whether it lands closer to S30V, S35VN or S45VN.
What matters is that Spyderco consistently gets the recipe right.
Because a blade is never just an alloy.
A blade is alloy + heat treatment + geometry.
And Golden’s people understand that better than most.
What I want in 2026 is a blade steel that is easy on my mind.
A steel that won’t punish me for grabbing the wrong sharpening tool while travelling.
A steel that can be maintained without turning sharpening into a science project.
A forgiving steel.
At sixty years old, I find myself caring less about ultimate edge retention and more about living with a knife.
SPY27 feels like one of those steels that wants to work with its owner rather than against him.
For a compact EDC like the Meerkat, that balance is exactly what I want.
This is not a knife meant to chop down forests.
It is, however, a surprisingly capable whittler.
The generous belly, thin blade stock and full-flat grind simply devour wood. Whether shaping a tent peg, sharpening a stick for the barbecue or absent-mindedly carving curls while sitting by a campfire, the Meerkat performs far beyond what its dimensions would suggest.

The blade bites eagerly, tracks predictably and leaves behind clean, controlled cuts.
Small knife.
Big appetite.

Yes, it really is that powerful.
The Meerkat is a knife meant to disappear into your fifth pocket and be forgotten.
Twenty years after its introduction, that’s still what impresses me most about the Meerkat: not the Phantom Lock, not the rarity, not the nostalgia.
The fact that such a small knife cuts so ridiculously well.

The knife represents an era when Spyderco was willing to experiment with strange concepts simply because they were interesting.
Today many manufacturers chase trends.
The Meerkat reminds us of a time when designers chased ideas.
Its unusual lock, compact dimensions and unmistakable silhouette make it instantly recognizable among hundreds of modern folders.
You don’t buy a Meerkat because it is the most practical knife.
You buy it because it is unmistakably a… Meerkat.
Cute, clever and sharp.

That SPY27 Sprint Run does not reinvent the Meerkat.
Fortunately.
It preserves everything that made the original memorable while upgrading the steel to something genuinely useful for modern everyday carry.

Tiny. Strange. Ingenious. Solid, Stout. Great ergonomics for a 2 inches blade. The Meerkat remains one of the most charming oddballs ever released by Spyderco.
And in a knife world increasingly filled with tactical clones and oversized pocket swords, that may be exactly what makes it special.

Not because it is perfect. Because nothing else feels quite like it.
Invention, innovation….
Open it. Read between the line and twist the scales to close it.

Disclaimer: This knife has been provided through Spyderco’s Ambassador’s program and friendship. Thank you to them for letting me review it. It felt like welcoming back an old friend I hadn’t seen in over twenty years. The hair may have turned grey, but the smile was still there. 😉































































































































