Paratherina wolterecki is a species of fish in the subfamily Telmatherininae, part of the rainbowfish family Melanotaeniidae.

This species is endemic to Lakes Towuti and Mahalona on the Indonesian island of Sulawesi.

[1] It reaches up to 15 cm (5.9 in) in total length.

Their environment is pelagic and they live in tropical climates.

[2] The specific name honours the hydrologist and biologist Richard Woltereck (1877-1944), who collected specimens of all four species in the genus Paratherina and who sketched them from life.