Phaeton was the hypothetical planet hypothesized by the Titius–Bode law to have existed between the orbits of Mars and Jupiter, the destruction of which supposedly led to the formation of the asteroid belt. The hypothetical planet was named for Phaethon, the son of the sun god Helios in Greek mythology, who attempted to drive his father's solar chariot for a day with disastrous results and was ultimately destroyed by Zeus.

The Titius–Bode law is a formulaic prediction of spacing between planets in any given planetary system. The formula suggests that, extending outward, each planet should be approximately twice as far from the Sun as the one before. The hypothesis correctly anticipated the orbits of Ceres and Uranus, but failed as a predictor of Neptune's orbit. It is named after Johann Daniel Titius and Johann Elert Bode.