The Supercopa Libertadores was a seasonal association football competition that was established in 1988.

The Supercopa Sudamericana was opened to the past winners of Copa Libertadores; Vasco da Gama, winners of the Copa de Campeones tournament held in 1948, was later allowed to participate.

Racing Club won the inaugural competition in 1988, defeating Cruzeiro 4–1 on points.

[1] Cruzeiro, alongside Independiente, hold the record for the most victories, with two wins each since the competition's inception.

Clubs from Argentina have won the most Supercopa Libertadores titles, with six wins among them.