Fly down, daring (10)
I believe the answer is:
bluebottle
'fly' is the definition.
(bluebottle is a kind of fly)
'down daring' is the wordplay.
'down' becomes 'blue' (both can mean sad).
'daring' becomes 'bottle'.
'blue'+'bottle'='BLUEBOTTLE'
(Other definitions for bluebottle that I've seen before include "Flier" , "member of force" , "get a buzz out of it!" , "Fly - policeman" , "Common blowfly" .)