ABSTRACT A new species in the serrasalmid genus Myloplus is described from the middle Mazaruni River, Essequibo River basin, Guyana. The new species is similar to Myleus pacu and Myloplus planquettei in its silver to purplish black coloration and its overall morphology, and has a putative syntopic distribution with those species. The new species is, however, readily distinguishable from the other two by meristic counts of the unpaired fins and by differences in color pattern, primarily in males. Additionally, we provide comments on Myleus pacu and other species that have been confounded under that name.