Craven Edge

 is a sentient, large, thick, onyx, two-handed greatsword once wielded by Sylas Briarwood and then by Grog before being thrown into the pocket dimension of the Dread Emperor. Imbued with dark arcane power, it can drain strength from the foes it strikes. While severing the connection to Grog, Pike saw a vision of a nameless man striving for power and wealth, then him striking a deal with a dark entity; and him not fully understanding the deal he had made, then the dark entity punishing him for a unknown action he had made. The entity bound the man's soul to the blade now known as Craven Edge, putting curse on his soul in the process, Condemning him to eternal Gluttony and insatiable desire for the strength and blood. This is all that is known about the past of Craven Edge.

After, Craven Edge's full stats were revealed.

Telepathic Communication
"You... are you my new wielder? [...] Leave me until one worthy lifts this blade. I am useless left here; I seek the thrill of battle—I am hungry."

"Do you enjoy drinking the strength of your foes, watching them beaten before you, and have that very power become your own?"

"Do you wish the shadows to encase your form and grant you resilience in anger, forcing those to kneel before you in fear?"

"No... Keep the tears flowing."

Bonuses

 * Grants the wielder advantage on Intimidation (Charisma) checks when unsheathed.
 * Saps the target's Strength when struck by the blade, draining a point that goes to the wielder till the next short rest. The limit to this ability is 25 Strength (+7 modifier). On a successful save, this effect is ignored.
 * When Craven Edge hits its limit of drained strength, it extends and becomes a more gruesome-looking blade. Once extended, the blade does an additional 2d6 necrotic damage upon hitting a foe.
 * The next rest after reaching its extended state, the wielder must make a Constitution Saving Throw or have his or her soul taken by the sword.

Destruction
After Pike severed Craven Edge's connection to Grog with a Greater Restoration, Keyleth banished the evil sword to the Dread Emperor's realm using Plane Shift. Due to the conflicting statements about the Dread Emperor's realm, it is unclear if Craven Edge is now in the Astral Plane, in a pocket dimension, or somewhere else altogether.

Trivia

 * Craven Edge is an anagram for "Vecna Greed".