To "fade" someone is essentially the same as beating someone, be it singularly or in a group. The phrase "run a fade" is usually used during a confrontation, or if the confrontation is planned. To "run" said fade means that the belligerent parties will meet at another location to fight, or if one party is asking the other if they want the fight to start right then and there.

Run up and knock out someone then rob them

Another way of saying catch me a round or fight me

A word meaning to square up or get ready for a fight.

To initiate a fight sequence

The action of attacking a person with a group of close friends, usually the person who's fade is getting ran is completely un-associated with the person

Respect my drip bitch = “Pay attention to what I’m saying”

I’ll run your fade = “ I have no clue what I’m saying”