Its first edition took place in 1962 in Porto Alegre and had Club Athlético Paulistano as champion.

The most recent edition took place in the city of Rio de Janeiro in December 2020.

The trophy is marked by the hegemony of the clubs in the states of Rio de Janeiro, São Paulo and Minas Gerais.

In 2020, the Brazil Swimming Trophy was the first national event to happen following the onset of the COVID-19 pandemic.

Originally the championship should have been held in April, but it had to be postponed to December to comply with sanitary measures imposed by Brazilian government entities.