Characidium chancoense new species, is described from the transandean upper Río Cauca drainage in Colombia. It can be distinguished from all congeners by its pigmentation pattern that consists of 7-12 vertical bars, most of which are cuneate-shaped with the vertex ending on or just below the lateral-line scale series, except for the last 1-4, which are dorsoventrally elongate rectangular bars that extend well below the lateral line. Characidium chancoense is sympatric with C.
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