Depending on how you make the selection, you can position a fade-in or fade-out at the exact beginning or end of a clip, or position it so it extends into a blank area of the track. The length of the selection in the clip determines the length of the fade-in or fade-out.

You can also fade to the beginning or end of a clip from an insertion point.

Although fades appear to be discrete clips, they cannot be separated from the clips in which they were created.

When changing tempo in a tick-based audio track, fade-ins and fade-outs remain with their parent clips. Fades maintain their absolute duration and are consequently recalculated after any tempo changes.