The cave lies within the Monumento Natural del Malpaís de La Corona, a protected area of the Canary Islands.
[1] The cave was created around 3,000 years ago by lava flows erupting from the nearby volcano Monte Corona, flowing across the Malpaís de la Corona toward the sea.
In about 20 spots, the roof of the cave collapsed, forming a cavern known locally as a jameo.
[2] One jameo forms the entrance to the Cueva de los Verdes.
[citation needed] In earlier centuries, inhabitants throughout Lanzarote hid in this cave to protect themselves from pirates and raiders.