Fonsi co-wrote the song with Dyo, Stefflon Don and its producers Andrés Torres and Mauricio Rengifo.

[1] The song was first released through Universal Music Latin Entertainment on June 14, 2018 as the third single from his tenth studio album, Vida.

[2] A remixed version of the song with Colombian singer Karol G (in place of Don), was released on August 18, 2018.

[3] The song reached number one in Argentina and Chile, as well as the top 10 in Bolivia, Panama and Spain.

"Calypso" gained 1.7 million US streams and 5,000 downloads sold in the week ending June 21.