Panicum lycopodioides, common name false club-moss panic grass or (in French) panic faux-lycopode, is endemic to the French island of Réunion in the Indian Ocean.

It is found at high altitudes on the island, at elevations over 2000 m (6700 feet).

The highest point on the island is Piton des Neiges, 3069 m (10,230 feet).

[1] The specific epithet "lycopodioides" means "similar to Lycopodium" in reference to the plant's general habitus superficially resembling certain species of club-moss.

Stems grow horizontally, branching frequently, thus forming mats pressed against the ground.