Arachis ipaensis is a herb in the Faboideae subfamily.

[1] This plant is cited as gene sources for research in plant biology of peanut (Arachis hypogaea).

[2] Arachis ipaensis is only known from its type locality, Ipa near Villamontes, where it was collected in 1977.

It was growing on top of the cliffs of a gorge among bromeliads.

Nonetheless, it is conserved in several international gene banks.