It has two blades. One is specifically suited to bud grafting, having a rounded blade and a bump on the top to pry open the bark after making a cut. The other blade is straight and is designed for making cuttings or scions. Each stainless-steel blade is about 2-1/2" long.
When closed, the knife is only 4" overall and easily fits in a pocket. Excellent quality.
The grafting wax is used to seal the graft wound, holding in moisture while it heals and keeping out pests and disease. 1/4 lb bar. Industry standard formulation. Instructions included. Made in USA.