Faye comes from the Middle English fay, meaning "fairy" — itself from the Old French fae, from the Latin fata (the Fates).
Faye is rising rapidly in the 2020s as part of the broader return of short vintage names. Today it sits in the U.S. top 500.
Faye does not currently appear in the US Social Security Administration's top 1,000 girls' names, so we don't publish a US rank or birth count for it. That says nothing about the name's standing elsewhere in the world — only that it sits outside the ranked US data we rely on.
In Pythagorean numerology the letters of Faye reduce to 1, The Leader. This is a traditional interpretive system, not a factual claim about the name.