Hygrocybe lepida is an agaric (gilled mushroom) in the family Hygrophoraceae.

The species occurs in Europe and was previously referred to the American Hygrocybe cantharellus[1] but is now known to be distinct.

[2] Its recommended English name (as H. cantharellus) is goblet waxcap.

[3] The species is typically found in nutrient-poor waxcap grassland.

[1] It was first described in 1986 by the Dutch mycologist Eef Arnolds who classified it as Hygrocybe lepida.