Caldo de piranha is a traditional soup prepared with piranha fish as the key ingredient. The dish is a specialty of the Pantanal area in Mato Grosso do Sul. Other ingredients that are commonly used to prepare the soup include onions, tomatoes, annatto, chili peppers, and a combination of coriander, parsley, and spring onions.
There are also variations with added garlic, lime juice, vinegar, and vegetables such as bell peppers. The piranha, a small bony fish without much meat is cleaned and boiled, then blended for the piranha stock, which is sieved to remove the bones.