Pegasus Boots

The Pegasus Boots are special shoes which allow Link to dash at high speeds. They have appeared in many Legend of Zelda games, although in Oracle of Seasons and Oracle of Ages they were replaced with an item with a similar effect, the Pegasus Seeds. The increased speed allows the wearer to bash into various objects like trees in order to knock out their contents. The greater speed can also be coupled with the Roc's Feather to increase jump distance.

A Link to the Past
A Link to the Past marked the first time the Pegasus Boots appeared. They are gained after the completion of the Eastern Palace, and they are rewarded by Sahasrahla, for retrieving the Pendant of Courage. They are needed to get the Book of Mudora. If Link charges into a tree, it may drop apples which refill health but it may also awaken an angry bee that will attack. They can also unleash a deadly swarm of them if Link is unlucky enough to hit that certain tree. Also, some unstable and cracked walls can be knocked down.

Link's Awakening
In the second appearance of the boots, seen in Link's Awakening, they become much more useful. When combined with the Roc's Feather, they can increase the jump distance by three times. Combining the boots with an equipped sword will have Link perform a running attack. This can cut through grass, crystal-shaped rocks, and damage enemies. They are also required to kill the third dungeon boss, Slime Eye.

The Pegasus Boots are the only item able to break through crystal-shaped stones.

Four Swords
In Four Swords, the Pegasus Boots are required to defeat Dera Zol, the boss of the Talus Cave. The have the same ability as the ones from A Link to the Past. However, a noticeable difference is that Link can change directions while using the Pegasus Boots.

The Minish Cap
In The Minish Cap, the boots are required to cross Castor Wilds thus gaining entrance to the Fortress of Winds. Link receives them by helping the shoemaker and his Minish helpers in making them. The Pegasus Boots can be used to knock masks off walls, run through grass and knock some trees down.

Four Swords Adventures
The Pegasus Boots from Four Swords Adventure allow Link to change directions while used, like in Four Swords, allowing him to steer along as he runs. When the boots are given to a Great Fairy to upgrade them to Level 2, they will allow Link to run over large gaps, granting access to otherwise unreachable areas. Dashing with the Pegasus Boots also flips Terrorpins.

Phantom Hourglass
The Pegasus Boots did not appear in the main story mode of Phantom Hourglass, but they did appear in the multiplayer Battle Mode. In Battle Mode, Link could take the Pegasus Boots Power-Up to increase his speed for a short time. This Power-Up was also available to Phantoms.

Trivia

 * The Boots took their name from the eponymous horse from the ancient Greek Mythology. In the Greek Mythology, Pegasus was a winged horse, famous for his running speed. The horse was sired by the Greek God of Oceans and Horses, Poseidon, and was famous for being one of the fastest mortal horses in the known world.