The orangefin tetra is a small species of freshwater fish from South America that belongs to the family Iguanodectidae. Though common in its native range, it seems to prefer fast-flowing and shallow creeks. It is an active swimmer that feeds on plant material and various invertebrates, sometimes jumping out of the water to catch prey above the surface.

Iguanodectidae is a family of freshwater fish in the order Characiformes that lives in South America. It is home to the subfamily Iguanodectinae and the monotypic Bryconops clade. Several species in the family, such as the green line lizard tetra, the tailspot tetra, and the orangefin tetra, are sometimes taken as aquarium fish.