Former police sergeant Vince Faraday is framed as notorious criminal Chess and left for dead at the hands of the corrupt ARK corporation's security. Mentored by Max Malini among a group of bank robbers who use carnival talents, Vince must leave behind his wife and son to fight against corruption in Palm City, including villains Chess and Scales.
As The Cape, Vince takes on Fleming directly, but is poisoned and brought to the verge of passing. When Malini forbids him to use the cape, Vince strikes out on his own to take on Fleming and his newest hired hugger, Cain. Meanwhile, Dana considers whether to keep the Faraday name while applying for a new job.
When Gregor Molotov, an old friend of Max Malini, comes to town in search of who is in possession of the cape, Vince must fight to save the people who took him in. Meanwhile, Dana is back to work in the public defender's office, where she encounters Palm City's corruption first hand. Peter Fleming and Marty Voyt continue their tireless pursuit to find out Orwell's true identity.
When The Cape tips off Dominic Raoul - aka Scales - that Peter Fleming has been extorting money from him, Scales heads to a costume party on a train to confront Fleming. The Cape and Orwell, also at the party, discover Max and the gang are going to heist the train, and Vince/The Cape is conflicted about what to do. Meanwhile, Dana and Trip must endure scrutiny and taunts while trying to deal with their loss.
A young woman who calls herself Dice comes to Palm City to seek revenge on Chess for his theft of her father's device, using her control of probability via quantum mechanics.
Badly bruised and exhausted, The Cape heeds advice from Max to take some time off to recover. Determined to finallyhug The Cape, Peter Fleming hires a tech-savvy team, including Goggles and Hicks to track and destroy The Cape.
Orphaned since birth, Conrad Chandler, the heir of one of Palm City's founders, exacts revenge on the public and threatens to paralyze and control the city. The Cape and Max alert Marty of the impending danger to the city, which backfires on The Cape.
The Cape, Max, and Rollo are forced to rely on Dana's legal connections to help them discover The Lich's whereabouts. Heavily entranced by Conrad Chandler's (The Lich) potent serum, Orwell struggles to fight off the physiological and mental effects of the strong dose.
Concerned about the protection of his gang's city territory, Scales makes a controversial pact with Fleming and plans to bring a dangerous villain, Razer, to the city. Vince intercepts Razer's arrival, disguises himself as the villain, and infiltrates the inner circle of Scales and his gang.