to dwindle / fade
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to dwindle
To gradually become less, smaller, or weaker; to decrease or fade away. Refers to concrete things like supplies or abstract things like hope or strength.
Nach der langen Wanderung schwanden seine Kräfte zusehends.
After the long hike, his strength visibly dwindled.
to fade from view
In elevated or poetic language: to disappear from view.
Die Gestalt schwand langsam im Abendnebel.
The figure slowly faded from view in the evening mist.
The perfect tense of 'schwinden' (to dwindle/fade) is always formed with the auxiliary verb 'sein' (ist geschwunden). The verb describes a change or gradual disappearance, which requires the use of 'sein'.
Meine Motivation für den Sport ist in den letzten Wochen etwas geschwunden.
My motivation for sports has dwindled somewhat in recent weeks.
'Schwinden' (to dwindle) is often used with abstract things that slowly become less. Typical subjects are: 'die Hoffnung' (hope), 'die Kräfte' (strength), 'das Licht' (light), 'das Interesse' (interest), or 'das Vertrauen' (trust).
Mit der Zeit schwand ihr Interesse an dem Hobby.
Over time, her interest in the hobby dwindled.
In the meaning of 'aus dem Blickfeld verschwinden' (to disappear from view), 'schwinden' (to fade from view) belongs to an elevated, literary, or poetic style. In normal everyday life, you will rarely hear it used in this sense.
Das Schiff schwand am Horizont.
The ship faded from view on the horizon.
to disappear
Here, Verschwinden describes the result: something is eventually no longer there. Schwinden, on the other hand, emphasizes the gradual process by which something becomes less or weaker. Schwinden is therefore a better fit for a slow decline.
Mit jeder weiteren Absage schwand ihre Hoffnung ein wenig.
With each additional rejection, her hope dwindled a little.
Nach der letzten Absage verschwand ihre Hoffnung schließlich ganz.
After the final rejection, her hope eventually disappeared completely.
