Characidium schubarti is a fish in the family Crenuchidae. It is native to South America and is found in the Paranapanema basin in upper Paraná River drainage and Ribeira de Iguape River basin in Brazil.

Size This species reaches a length of .

Etymology The fish is named in honor of German-born myriapodist Otto Schubart (1900–1962), of the Estação Experimental de Biologia e Piscicultura do Ministério de Agricultura in São Paulo, Brazil, who collected the holotype specimen.

References