T. stellatus is superficially similar to its only congener T. securis, but can immediately be identified by the presence (vs. absence) of a prominent dark spot in the dorsal-fin. It is sometimes traded as ‘platinum hatchetfish’.

The genus Thoracocharax was originally erected by Fowler in 1906 as a subgenus of Gasteropelecus, but was elevated to generic status by Weitzman (1960).

This species is also known by the alternative vernacular names 'blue panda cichlid', 'blue sky dwarf cichlid and 'azure cichlid' as well as the confusing trade name A.sp. 'pandurini'. It has also been assigned the 'A' number A183 under the DATZ system with possibly conspecific, related forms similarly numbered A184 or A185 depending on locality.

It can be distinguished from similar-looking species by the length of the lower jaw which characte…

Prior to decription this species was known as A. sp. ‘großmaul’ or ‘bigmouth’, and it has also been assigned the code A190 under the DATZ system.

The genus Apistogramma is among the most speciose of South American cichlid genera with around 70 species valid at present but many more awaiting description. In addition many species exist in two or more geographical colour forms which may or may not turn out to be distinct in the future. Hobbyists tend to label these with collection data if available in order to avoid mixing them and the potential of hybridisation.