It was initially going to be described as Hyphessobrycon cardinalis by Myers and Weitzman (1956) but just before this was due to be published Schultz presented an alternative description in the hobbyist magazine ‘Tropical Fish Hobbyist’ and named the fish after the publication’s founder, Dr. Herbert R. Axelrod.

A significant proportion of the fish available in the aquarium trade are still wild caught or derive from community-led breeding projects such as Project Piaba in the middle Negro region, where this sp…

S. daemon is relatively common in the aquarium trade but is by no means easy to maintain, with particular attention to space, diet, water quality, and chemistry required in order for it to thrive.

It can be distinguished from other members of the genus by possessing two dark blotches on the flank and a prominent ocellus at the caudal-fin base. Among the named species it is most similar to…