Cuapetes lacertae, previously known as Periclimenes lacertae, is a species of shrimp belonging to the family Palaemonidae.

[1] Its name is due to the fact the first specimen was collected from Lizard Island: lacerta being Latin for "lizard".

Medium-sized shrimp, slender, subcylindrical body form.

This species is known from Lizard Island, Queensland.

Individuals can be found living among the tentacles of the polyps of the mushroom coral Heliofungia actiniformis.