Its name appears to have been misapplied to similar-looking fishes occurring throughout much of the middle and lower Amazon in Brazil and Colombia, plus the rio Orinoco drainage in Colombia and Venezuela, and coastal systems of the Guianas. Some of these have been described as distinct species (e.g. Hyphessobrycon amapaensis Zarske & Géry 1998; H. eschwartzae García-Alzate, Román-Valencia & Ortega 2013; H. montagi Lima, Couthino & Woziacki 2014), whereas the identity of others remains un…

This species is a popular aquarium fish and is bred on a commercial basis in several countries, with a selectively-bred albino form also available.

Wild specimens are rarely collected due to the low price of the farmed fish, but the origin of the commercial strain is questionable. The species was considered endemic to the rio Tapajós basin, but in the early 1990s fish appearing identical to the aquarium form were photographed in the…