[citation needed] The national park was established in 1908 under the sponsorship of a Mr. Ringrose of Herberton.
A request was written to Ernest Gribble of Palm Island to find the origin of the name.
The name Hypipamee is a corruption of the Aboriginal word, nabbanabbamee, which is connected with a legend of two young men who cut down a sacred candlenut tree, only to be swallowed up by a large hole in the earth, the crater.
Dinner Falls at the head of the upper Barron River gorge is also part of this park.
Local legend once said that an Aboriginal woman once fell over the side into the crater and later surfaced in Lake Eacham.