The Dread Eye is a rather unique semi-automatic sniper rifle with a "charging" mechanism. The weapon features a solid rate of fire and very high damage for a semi-automatic sniper rifle, rivaled only by the X1-Morph's L.A.K. and the Vice - it is generally capable of killing even armored opponents with a single shot to the torso while aiming down the scope (while capable of a 2-shot kill while hip-firing).
When fully charged, The Dread Eye's bullets will ricochet off of solid objects, which makes for an effective technique for firing around corners or into cramped areas where the bullet has a good chance of ricocheting and hitting a target out of one's line of sight.
Highest damage of all semi-automatic sniper rifles
Maximum armor penetration
Solid hip fire
Special ricochet mechanic
Inability to equip muzzle attachments or scopes other than the default