The newest evolution of the Cara Cara is the Cara Cara2 with a G-10 handle. It has a full-flat ground high performance 8Cr13MoV blade. Shaped like a "comet" the hole in the blade symbolizes quality and careful manufacturing tolerances. On the blade's spine is a group of crosshatching called jimping. Jimping enhances the thumb's grip on top of the blade making cutting slip-resistant.

Available for the first time with a four-way clip that carries tip-up/tip down or left/right-handed, it attaches inside a pant's pocket where it rides deep and confidently. A finger choil enhances the ergonomic G-10 handle adding comfort and control. Mid-positioned back lock has a David Boye cut away dent, a safety feature allowing the handle to be tightly gripped without unintentionally releasing the lock.